Enter the beginning balances in the Study Guide with Working Papers. Post the following adjusting entries (be
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General Journal Page 3 Date 2012 Account Titles and Description PRIİ Dr. Cr. Dec. 31Insurance Expense 400 Prepaid Insurance 400 Insurance expired 31 Supplies Expense Store Supplies 3/00 3 00 Supplies used 31 Amortization Expense. Store Equipment Accum. Amortization, Store Equipment 700 700 Estimated amortization 31 Salaries Expense 400 Accrued Salaries 400 Accrued salaries LEDGER ACCOUNTS BEFORE ADJUSTING ENTRIES POSTED Prepaid Insurance 115 Insurance Expense 510 12 l Store Supplies 1 Amortization Expense, Store Equipment 512 15 Accumulated Amortization, Store Equipment 119 Supplies Expense 514 12 Accrued Salaries 210 Salaries Expense 516
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Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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