Question: I don't think the stuff I filled in was correct so if you can please just correct my mistakes Calculator Journalize the necessary adjusting entries

I don't think the stuff I filled in was correct so ifI don't think the stuff I filled in was correct so if you can please just correct my mistakes

Calculator Journalize the necessary adjusting entries for the following (partial) trial balance. Based on a physical count, the ending merchandise inventory is $67,000. Unearned revenue at year- end was $4,230. Account Title Debit Credit Cash 7,500 Accounts Receivable 17,000 86,000 Merchandise Inventory Unearned Revenue 20,800 Revenue 193,000 Purchases 82,000 Purchases Discounts 4,100 If an amount box does not require an entry, leave it blank. Page: 1 POST. DEBIT CREDIT REF. DATE DESCRIPTION 1 a. 1 2 Office Supplies Merchandise Inventory Freight-In 2 3 b. 3 4 Income Summary 4 5 c. Revenue 5 6 Revenue 6 Previous Next

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!