Question: input into general journal, general ledger charts Directions It's the end of the month, and you have gathered the required information needed to adjust your
Directions It's the end of the month, and you have gathered the required information needed to adjust your records to get them up to date. You are to adjust the entries in the general journal and ledgers, post to the appropriate accounts, and check your work with the adjusted trial balance. Continue to use this Word document OR the Excel templates provided in Blackboard. April 30 Ending Balance of Supplies is $1850. Two months of Insurance is Expired. Two months of Depreciation on Equipment - Hint: Use the Straight Line Method: - Cost55,700 - Salvage Value $1,500 - Useful Life 5 years (or 60 months) Directions It's the end of the month, and you have gathered the required information needed to adjust your records to get them up to date. You are to adjust the entries in the general journal and ledgers, post to the appropriate accounts, and check your work with the adjusted trial balance. Continue to use this Word document OR the Excel templates provided in Blackboard. April 30 Ending Balance of Supplies is $1850. Two months of Insurance is Expired. Two months of Depreciation on Equipment - Hint: Use the Straight Line Method: - Cost55,700 - Salvage Value $1,500 - Useful Life 5 years (or 60 months)
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