Question

Selected account balances before adjustment for Perfect Realty at December 31, 2015, the end of the current year, are as follows:
Data needed for year-end adjustments are as follows:
a. Unbilled fees at December 31, $2,900.
b. Supplies on hand at December 31, $400.
c. Rent expired, $6,000.
d. Depreciation of equipment during year, $3,000.
e. Unearned fees at December 31, $800.
f. Wages accrued but not paid at December 31, $1,400.
Instructions
Journalize the six adjusting entries required at December 31, using the data presented.


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  • CreatedSeptember 15, 2015
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