Question: Selected worksheet data for Nicholson Company are presented below. Instructions(a) Fill in the missing amounts.(b) Prepare the adjusting entries that weremade. Adjusted Trial Balance Account

Selected worksheet data for Nicholson Company are presented below.

Adjusted Trial Balance Account Titles Trial Balance Dr. Cr. Cr. Dr. Accounts

Instructions(a) Fill in the missing amounts.(b) Prepare the adjusting entries that weremade.

Adjusted Trial Balance Account Titles Trial Balance Dr. Cr. Cr. Dr. Accounts Receivable 34,000 20,000 Prepaid Insurance Supplies Accumulated Depreciation Salaries Payable Service Revenue 26.000 7,000 12,000 5,000 88.000 97.0001 Insurance Expense Depreciation Expense Supplies Expense Salaries Expense 10,000 5,000 49,000

Step by Step Solution

3.43 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a Accounts Receivable x 25000 34000 9000 Supplies x ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

47-B-A-A-C (154).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!