Question: Selected information in T-account format is presented below. Journalize the most likely adjustments that caused the balances to change. b. Unadjusted Bal. Dec. 31/14 Adjusted

Selected information in T-account format is presented below. Journalize the most likely adjustments that caused the balances to change.

b. Unadjusted Bal. Dec. 31/14 Adjusted Bal. Dec. 31/14 Accounts Receivable Prepaid Rent a. Unadjusted Bal. Dec. 31/14 8,000 32,000 Adjusted Bal. Dec. 31/14 9,800 26,400 c. Accumulated Depreciation, d. Unearned Fees e. Salaries Expense Machinery 6,100 Unadjusted Bal. Unadjusted Bal. 62,000 9,200 Unadjusted Bal. Dec 31/14 12,600 Adjusted Bal. Dec. 31/14 Dec, 31/14 Dec. 31/14 1,500 Adjusted Bal. Adjusted Bal. 65,000 Dec. 31/14 Dec. 31/14

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