Activity $4.$a $-$ Using T$-$accounts to Analyze Adjustments

Fill in the t$-$accounts for each situation and label each

transaction as Deferrals$/$Prepaid or Accrual. Calculate the

adjusted balance and use a Bal. post reference to show the

ending balance of each account.

Depreciation for the current year includes

Equipment, $$2,500.$ The Accumulated Depreciation

Equipment unadjusted balance as of December

$31$ is $$6,100.$

Adjustment Type: