Question: Need help with 5.6 A please. E 56A Lo1) indicate the correct dollar amount for the adjusting entry. (Trial balance is abbreviated as TB.) ANALYSIS

Need help with 5.6 A please. Need help with 5.6 A please. E 56A Lo1) indicate the

E 56A Lo1) indicate the correct dollar amount for the adjusting entry. (Trial balance is abbreviated as TB.) ANALYSIS OF ADJUSTING ENTRY FOR SUIMIES Analyze each situation and 1. Ending inventory of supplies is $260. (Balance Sheet) Supplies (Income Statement Supplies Expense 580 2. Amount of supplies used is $230. Balance Sheet) Supplies (Income Statement) Supplies Expense TB 435 ANALYSIS OF ADJUSTING ENTRY FOR INSURANCE Analyze each situation and indicate the correct dollar amount for the adjusting entry 1. Amount of insurance expired is $970. (Balance Sheet) Prepaid Insurance (Income Statement Insurance Expense TB 1,450 Bal,-- 2. Amount of unexpired insurance is $565. Balance Sheet) Prepaid Insurance (Income Statement) Insurance Expense TB 1,350 Bal POSTING ADJUSTING ENTRIES Two adjusting entries are in the following general Post these adjusting entries to the four general ledger accounts. The following account numbers were taken from the chart of accounts: 141, Supplies; 219, Wages ayable 511, Wages Expense; and 523, Supplies Expense. If you are not using th he ntries:uplit accompany this text, enter the following balances before posting continued the entries: Supplies, $200 Dr; Wages Expense, $1,200 D

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