The unadjusted and adjusted trial balances for American Leaf Company on October 31, 20Y2, follow: Journalize the
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The unadjusted and adjusted trial balances for American Leaf Company on October 31, 20Y2, follow:
Journalize the five entries that adjusted the accounts at October 31, 20Y2. None of the accounts were affected by more than one adjusting entry.
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American Leaf Company Trial Balances October 31, 20Y2 Unadjusted Adjusted Credit Balances Debit Balances Debit Balances Credit Balances Cash 16 16 Accounts Receivable.. 38 44 Supplies..... Prepaid Insurance . Land ..... 12 10 20 8 26 26 Equipment.... Accumulated Depreciation-Equipment . Accounts Payable ... Wages Payable. 40 40 8 12 26 26 Common Stock.. 20 20 Retained Earnings 72 72 Dividends .... 8 Fees Earned... 74 80 24 Wages Expense Rent Expense 26 8 8 Insurance Expense Utilities Expense 12 4 4 Depreciation Expense Supplies Expense.. Miscellaneous Expense 4 2 4 4 200 212 212 200
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Related Book For
Forensic And Investigative Accounting
ISBN: 9780808056300
10th Edition
Authors: G. Stevenson Smith D. Larry Crumbley, Edmund D. Fenton
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