This problem continues the Shine King Cleaning situation from Problem P2-44 of Chapter 2. Start from the unadjusted trial balance that Shine King Cleaning prepared at November 30, 2015, as follows: Account

Consider the following adjustment data:
a. Cleaning supplies on hand at the end of November were $ 50.
b. One month’s combined depreciation on all depreciable assets was estimated to be $ 170.
c. One month’s interest expense is $ 100.

1. Using the data provided from the trial balance, the previous adjustment information, and the information from Chapter 2, prepare all required adjusting journal entries at November 30.
2. Prepare an adjusted trial balance as of November 30 for Shine KingCleaning.

  • CreatedJanuary 16, 2015
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