The partial work sheet shown below is taken from the books of Burnside Auto Parts, a business owned by Barbara Davis, for the year ended December 31, 20--.

REQUIRED
1. Determine the adjusting entries by analyzing the difference between the adjusted trial balance and the trial balance.
2. Journalize the adjusting entries in a generaljournal.

Transcribed Image Text:

Burnside Auto Parts Work Sheet (Partial) For Year Ended December 31, 20 -- AGBIMENTS AORSTED TRA BALANE THLAL BALANE MCOUNT LE RENT 21 00 0 00 8 30 0 00 21 0 0 0 00 8300 00 Cash Accounts Receivable Merchandise Inventory 32 00 0 00 6 150 00 5 925 00 41 750 00 36 0 0 0 00 1865 00 1835 00 41 750 00 43 0 0 0 00 Supplies Prepaid Insufance Land Building Accum. Dept.-Building Stofe Equipment Accum. Dept.-Stofe Equipment Accounts Payable Wages Payable Sales Tax Payable 43 00 0 00 2기| 5 010 00 24| 0 이101 00 25 40 0 00 25 40 0 00 12 4 00 00 8100 00 14 7 50 00 81 1 이1000 9 80 00 52 00 00 2|3 50 00 26 0 00 00 109 1 30 00 52 00 00 79 50 00 26 0 0|0 00 109 130 00 Uneamed Rent-A-Junk Revenue Mortgage Payable B. Davis, Capital B. Davis, Drawing 이1 00| 00 40 0 0 0 00 32 0 0 0 00 40 36 0 00 00 123 5 00 00 hcome Summaty 123 5 00 00 Sales 2 860 00 2 86 0 00 Sales Returns and Allowances 56 00 00 Rent-A-Junk Revenue 32 52 5 00 Putchases Purchases Retufns and Allowances 32 52 5 00 2150 00 기40101 00 기 1 5|0 00 2 4 00 00 Purchases Discounts 3175 00 44 175 00 3 275 00 3 175 00 45 155 00 3275 00 428 5 00 220 0 00 8250 00 4090 00 3500 00 2350 00 845 00 363 6 6. 0 00 363 Freight-in Wages Expense Adveltising Expense Supplies Expense Telephone Expense Utilities Expense 2기001 00 8 25 0 00 Insufance Expense Dept. Expense-Building Depr. Expense-Stofe Equipment Miscellaneous Expense 84 500 320 8 3 0 00 320 8 30 00 60 6 00