Question: answers in excel QA2 QA 3 QA 4 QA 5 QA 6 QA 7 DO NO C E 2 3 4 12 You must record

 answers in excel QA2 QA 3 QA 4 QA 5 QA

answers in excel

QA2 QA 3 QA 4 QA 5 QA 6 QA 7 DO NO C E 2 3 4 12 You must record your answer in the space below the question on this page Answers recorded elsewhere will not be marked. MARKS QUESTION 2 The financial year for Be Balanced Accountants (BBA) ends on 31 May. The following adjusting entries need to be recorded for the year ending 31 May 2020: 5 7 8 $770 $660 9 1 The Uneamed Revenue ledger balance includes revenue earned in May 2020. 2 Unrecorded wages earned by employees but not paid at year-end are ... 3 The supplies account had a $400 debit balance on 1 June 2019. Supplies of $1500 were purchased during the year and supplies of $300 are on hand as at 31 May 2020... 4 Depreciation on business motor vehicles is yet to be recorded 5 The Advertising Expense ledger balance indudes prepaid amount for advertising in June 2020. 6 The business prepaid for a CPA Magazine annual subscription on 1 September 2019. The amount prepaid for full year was.... You calculate $? $1.230 $220 1 2 13 $660 14 15 Required: Record the necessary adjusting entries in the general journal on 31 May 2020. Show workings. Narrations are not required. 12 marks 10 17 19 Record YOUR ANSWER (below) 20 21

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!