The unadjusted and adjusted trial balances for American Leaf Company on October 31, 2019, follow: Journalize the five entries that adjusted the accounts at October
The unadjusted and adjusted trial balances for American Leaf Company on October 31, 2019, follow:
Journalize the five entries that adjusted the accounts at October 31, 2019. None of the accounts were affected by more than one adjusting entry.
Cash Accounts Receivable Supplies Prepaid Insurance Land Equipment Accumulated Depreciation - Equipment Accounts Payable Wages Payable Les Huff, Capital Les Huff, Drawing Fees Earned Wages Expense Rent Expense Insurance Expense Utilities Expense Depreciation Expense Supplies Expense Miscellaneous Expense American Leaf Company Trial Balance October 31, 2019 Unadjusted Debit Balances 305 726 229 375 497 765 158 458 153 0 76 0 0 76 3,818 Credit Balances 153 497 0 1,754 1,414 3,818 Debit Balances 305 806 172 225 497 765 158 479 153 150 76 Adjusted 96 57 76 4,015 Credit Balances 249 497 4,015 21 1,754 1,494
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ADJUSTING ENTRIES DATE ACCOUNTS EXPLANATION DEBIT CREDIT 1 Account receivable ac 80 Fees ... View full answer
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Financial And Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th Edition
1337119202, 978-1337119207
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