Good Note Company specializes in the repair of music equipment and is owned and operated by Robin Stahl. On November 30, 2014, the end of the current year, the accountant for Good Note Company prepared the following trial balances:

Instructions
Journalize the seven entries that adjusted the accounts at November 30. None of the accounts were affected by more than one adjustingentry.

Transcribed Image Text:

Good Note Company Trial Balances November 30, 2014 Unadjusted Debit alances Balances Adjusted Debit Credit Credit Balances Balances 38,250 89,500 2,400 3,850 290,450 Supplies.. . . 1,250 Accumulated Depreciation-Equipment.. Automobiles Accumulated Depreciation-Automobiles 94,500 106,100 . . .. 129,500 129,500 62,050 26,130 8,100 9,000 100,000 224,020 54,750 24,930 18,000 100,000 224,020 Retained Earnings Dividends Service Fees Earned 75,000 75,000 733,800 742,800 525,000 54,000 8,850 11,600 7,300 14,100 8,175 10,400 9825 Rent Expense... 8,175 Insurance Expense 1,250,000 1,250,000 1,278,200 1,278,200