• Post the above adjusting entries to their respective accounts in the general ledger creating additional accounts as the journals would dictate.

	Adjustment entries
Date	Particulars	Dr.	Cr.
May 30	Water charges a/c Outstanding water charges a/c Overpaid salary a/c Salary a/c Insurance a/c Cash a/c Bad debt a/c Neiman Marcus a/c Commission received a/c Prepaid commission receiv a/c Depreciation a/c Building (9%*250,000)/12 Motor vehicle (15%*120,000)/12 Furniture (12%*200,000)/12	5,000 4,500 4,000 4,000 3,000 5,375	5,000 4,500 4,000 4,000 3,000 1,875 1,500 2,000

1. 
   

Answer rating: 100% (QA)

G H Dutstanding Water Charges Ac L Over paid salary Ac CD E F K N Wat... View the full answer