Good Note Company specializes in the repair of music equipment and is owned and operated by Robin
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Instructions
Journalize the seven entries that adjusted the accounts at November 30. None of the accounts were affected by more than one adjusting entry.
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Good Note Company Trial Balances November 30, 2016 Deblt Credit Balances Balances Balances Balances Cash Accounts Receivable. Supplies Prepaid Insurance Equipment. Accum 38,250 89,500 ...11,250 ..14,250 ...290,450 38,250 89,500 2,400 3,850 290,450 ulated Depreciation-Equipment 94,500 106,100 129,500 129,500 Accumulated Depreciation-Automobiles Accounts Payable Salaries Payable Unearned Service Fees. Common Stock . Retained Earnings Dividends Service Fees Earned Salary Expense Rent Expense Supplies Expense Depreciation Expense- Equipment. Depreciation Expense-Automobiles Utilities Expense Taxes Expense. Insurance Expense Miscellaneous Expense 54,750 24,930 62,050 26,130 8,100 9,000 100,000 224,020 18,000 100,000 224,020 ...75,000 75,000 733,800 742,800 .516,900 54,000 525,000 54,000 8,850 11,600 7,300 14,100 8,175 10,400 2,900 8,175 1,250,000 1,250,000 1,278 ,200 1,278,200
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2016 Nov 30 Supplies Expense 8850 Supplies 8850 Supplies used 11250 2400 30 Ins...View the full answer
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Related Book For
Corporate Financial Accounting
ISBN: 978-1285868783
13th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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