Journalize the adjusting and closing entries for Skydive Tours information shown in E42. Include explanations. Data from

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Journalize the adjusting and closing entries for Skydive Tours’ information shown in E4–2. Include explanations.



Data from E4–2


The unadjusted trial balance of Skydive Tours appears below:image


Additional information at September 30, 2023:


a. The business had corporate sales that were not recorded yet in the amount of $840. It must accrue this service revenue.


b. Equipment amortization in the amount of $260 needs to be recorded.


c. The business needs to accrue salaries expense of $2,100 for work done but not yet recorded.


d. Prepaid rent used in the amount of $1,200.


e. Supplies worth $3,200 were used up during the period.



RequiredComplete the Skydive Tours worksheet for September 2023. What was net income for the month ended September 30, 2023?

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Horngrens Accounting Volume 1

ISBN: 9780136889373

12th Canadian Edition

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura

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