The trial balances before and after adjustment for Ryan Company at the end of the fiscal year
Question:
The trial balances before and after adjustment for Ryan Company at the end of the fiscal year are as follows.
Instructions
Prepare the adjusting entries that were made.
Transcribed Image Text:
Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense Ryan Company Trial Balance August 31, 2022 Before Adjustment Dr. $10,900 8,800 2,500 4,000 16,000 2,800 17,000 0 10,800 0 0 $72,800 Cr. $3,600 5,800 0 1,800 10,000 5,500 34,000 12,100 $72,800 After Adjustment Dr. $10,900 9,400 500 2,500 16,000 2,800 18,100 2,000 10,800 1,500 1,200 $75,700 Cr. $ 4,800 5,800 1,100 800 10,000 5,500 34,600 13,100 $75,700
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Related Book For
Financial And Managerial Accounting
ISBN: 978-1119752622
4th Edition
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell
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