Question: FROM QUICKBOOKS 2018 TEXTBOOK, HOW DO I MAKE ADJUSTING ENTRIES USING MAKE JOURNAL ENTRIES. I AM USING QUICKBOOKS 2018, FOR EXAMPLE IF I DEBIT OFFICE
FROM QUICKBOOKS 2018 TEXTBOOK, HOW DO I MAKE ADJUSTING ENTRIES USING MAKE JOURNAL ENTRIES. I AM USING QUICKBOOKS 2018, FOR EXAMPLE IF I DEBIT OFFICE SUPPLIES WHAT SHOULD I CREDIT?
debits and credits?
P13.2.7 Adjusting Entries 1. Export to Excel the Trial Balance report at January 31, 2024 2. Make adjusting entries at January 31, 2024, using the following information. ADJ1: A count of office supplies revealed $200 on hand. (Hint: Debit Account No. 64800: Office Supplies Expense for supplies used) ADJ2: January depreciation expense for store fixtures was $90. ADJ3: Interest expense and interest payable on the Notes Payable equaled $43.00. Add Account No. 21000 Interest Payable (Other Current Liability). 3. From the Report Center, export to Excel the Adjusting Journal Entries for Januery 31, 2024 4. Export to Excel the Adjusted Trial Balance report at January 31, 2024. Highlight the amounts affected by the adjusting entries
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
