Question: 1. Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense Building; Depreciation Expense - Equipment; and Supplies

 1. Journalize the adjusting entries using the following additional accounts: Salaries
and Wages Payable; Rent Revenue; Insurance Expense Building; Depreciation Expense - Equipment;
and Supplies Expense. General Joumal instructions \begin{tabular}{|c|c|c|c|} \hline & Tivicentus & 14,910.00
& \\ \hline is & Fees Earned & & 327,650,00 \\ \hline
16 & Salaries and Wages Expense & 197,220.00 & \\ \hline 17
& Utilities Expense & 42;205.00 & \\ \hline 18 & Advertising Expense

1. Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense Building; Depreciation Expense - Equipment; and Supplies Expense. General Joumal instructions \begin{tabular}{|c|c|c|c|} \hline & Tivicentus & 14,910.00 & \\ \hline is & Fees Earned & & 327,650,00 \\ \hline 16 & Salaries and Wages Expense & 197,220.00 & \\ \hline 17 & Utilities Expense & 42;205.00 & \\ \hline 18 & Advertising Expense & 22,795,00 & \\ \hline 19 & Repairs Expense . & 16,910.00 & in \\ \hline 20 & Miscellaneous Expense & 0,85.00 & \\ \hlinen & Totals & 760,530,00 & 760,530.00 \\ \hline \end{tabular} Martin Editing Company is a small editorial services company owned and operated by Andrew Martin. On August 31,20Y1, the end of the current year, Martin Editing Company's accounting clerk prepared the following unadjusted trial balance: General Journal using the following additional accounts: Salaries and Wages Payable; Rent Revenue; insurance Expense; Depreciation ExpenseEquipment, and Supplies Expense. 2. Determine the balances of the accounts affected by the adjusting entries, and prepare an adjusted trial balance

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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

Students Have Also Explored These Related Finance Questions!