Journalize the summary transactions for the month of March. Post the March summary transactions into the General
Question:
Journalize the summary transactions for the month of March.
Post the March summary transactions into the General Ledger Accounts.
Calculate the end of the month balances for the General Ledger Accounts.
Prepare a Trial Balance for the month of March. Before Adjustments
Adjustment Data:
The supplies on hand amount to $ at March st
Accrue the Salaries & Wages due $
Record two months of depreciation on the equipment. Straight line, year useful life, no salvage value
Superior Small AppliancesRepairs & Replacements, Inc. has determined that the Allowance for Doubtful Accounts should have a Credit Balance of $ for the next period.
Record two months of expired insurance.
$ of the Unearned Revenue has Not been completed.
Additional Instructions:
Journalize the Adjusting Entries
Post the Adjusting Entries
Calculate the new ending balances for the affected accounts.
Prepare an Adjusted Trial Balance
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina