Question: Adjustment data: 1. Supplies on hand are valued at $ 2,880. 2. Accrued salaries payable are $ 900. 3. Depreciation for the month is $

Adjustment data:

1.		Supplies on hand are valued at $ 2,880.
2.		Accrued salaries payable are $ 900.
3.		Depreciation for the month is $ 450.
4.		$ 1,170 of services related to the unearned service revenue has not been performed by month-end.

Journalize the adjusting entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

No.	Date	Account Titles and Explanation	Debit	Credit
1.	Nov. 30

2.	Nov. 30

3.	Nov. 30

4.	Nov. 30

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 Accounting Questions!

A company has a central document- copying service. Arrivals are assumed to follow the Poisson probability distribution, with a mean rate of 15 per hour. Service times are assumed to follow the...

How do I post to the t accounts? thanks! Adjustment data: 1. Supplies on hand are valued at $2,880. 2. Accrued salaries payable are $900. 3. Depreciation for the month is $450. 4. $1,170 of services...

V (d) Adjustment data: 1. Supplies on hand are valued at $2,880. 2. Accrued salaries payable are $900. 3. Depreciation for the month is $450. 4. $1,170 of services related to the unearned service...

not too sure what I am doing wrong, any help would be appreciated! thanks! Adjustment data: 1. Supplies on hand are valued at $2,880. 2. Accrued salaries payable are $900. 3. Depreciation for the...

Hi can someone please just post the closing entries. I've already journalized it On November 1, 2022, Sage Hill had the following account balances. The company uses the perpetual inventory method....

On November 1, 2025, Larkspur Inc. had the following account balances. The company uses the perpetual inventory method. During November, the following summary transactions were completed. Nov. 8 Paid...

FEBRERO e. Explain the generally accepted accounting principles that Betty did not recognize in preparing her income statement and their effect on her results. P4-7A (LO 2. 3. 4), AP on November 1,...

Martinez Equipment Repair began operating in September 2022. It prepares financial statements at the end of each month. On November 1, 2022, a tabular summary includes the following information. Note...

pls help me During November, the following summary transactions were completed. Nov, 8 Paid $10,650 for salaries due employees, of which $5,550 is for November and $5,100 is for October. 10 Received...

PPart D please thank you On November 1, 2022, Sage Hill had the following account balances. The company uses the perpetual inventory method. Cash Accounts Receivable Supplies Equipment Debit $8,100...

I put the correct answer for the ledger account. can you please use it to make the adjusting entries On November 1, 2025, Larkspur Inc. had the following account balances. The company uses the...

Consider the solid (Figure 9) in the first octant cut off from the square cylinder with sides x = 0, x = 1, y = 0, and y = 1 by the plane x + y + z = 4. Find its volume in three ways. (a) Hard way:...

Anton turns his attention to the Australian Financial System. According to his research, Australia has 1000 million dollars of paper money in circulation initially. The Australian government decides...

Attempts Seore / 1 5 1 2 . An Overview of Financial Management and the Financial Environment: Cost of Money An Overview of Financial Management and the Financial Environmenti Cost of Money Nigher...

An exothermic reaction taking place in a spherical material causes uniform volumetric thermal energy generation of 106 W/m3 . The sphere is initially at 127C, and is suddenly placed in a large room...

Write a short paper about Managing Business Analytics Projects The discussion will be based on the following articles.

Write a report on National cancer control programs and answer the following question. Describes health policy recommendations that the program is aiming to develop or could use to advance the program...

In Python use a loop to read data from a text file which containing students' names and exam scores. The program should calculate the exam average for each student, determine the appropriate letter...

Implement the perfect hashed data structure discussed in this chapter and provide an application that demonstrates that its four basic operation methods function properly. Your application should...

Case Study: By then, Robert Mondavi had spent many years consulting wine-growing experts and experimenting with wine production techniques. In an effort to improve the quality of the Krug wines, he...

Understand the purpose and methods of cross-cultural training

What qualities do you think an HRD professional must possess to be effective in an organization of approximately 1,000 employees? How might your answer be different for an organization with 10,000...

Discuss the evidence supporting the effectiveness of coaching and performance management