Enter the unadjusted trial balance on a 10-column end-of-period spreadsheet (work sheet), and complete the spreadsheet...

 

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Enter the unadjusted trial balance on a 10-column end-of-period spreadsheet (work sheet), and complete the spreadsheet using the following adjustment data. a. Merchandise inventory on May 31 b. Insurance expired during the year c. Store supplies on hand on May 31 d. Depreciation for the current year e. Accrued salaries on May 31: $550,000 12,000 4,000 14,000 Sales salaries $7,000 Office salaries 6,600 13,600 If an amount box does not require an entry, leave it blank or enter "0". Enter the unadjusted trial balance on a 10-column end-of-period spreadsheet (work sheet), and complete the spreadsheet using the following adjustment data. a. Merchandise inventory on May 31 b. Insurance expired during the year c. Store supplies on hand on May 31 d. Depreciation for the current year e. Accrued salaries on May 31: $550,000 12,000 4,000 14,000 Sales salaries $7,000 Office salaries 6,600 13,600 If an amount box does not require an entry, leave it blank or enter "0".

Answer rating: 100% (QA)

Unadjusted trial Balance Adjustments Adjusted trial balance Income statement Balance sheet Debit Cre... View the full answer