Question: Part I (EVENING) - 40 Points INSTRUCTIONS Prepare adjusting entries and complete the worksheet for Chewbacca Toy Store for the year ended September 30, 2019,
Part I (EVENING) - 40 Points INSTRUCTIONS Prepare adjusting entries and complete the worksheet for Chewbacca Toy Store for the year ended September 30, 2019, using ONE of the assigned columns below. Then, complete either (2) a Multi-Step Income statement or (3) a Classified Balance Sheet Assume that Chewbacca Toy Store uses the periodic inventory system. (32 points) 1) Information as of September 30, 2019 a) Unexpired Rent b) Sales Revenue earned but not record c) Bad Debts based on the aging of accounts receivable d) Merchandise Inventory, September 30, 2019 e) Accrued Interest on the Note Payable f Unpaid Wages for the current pay period g) Depreciation on Equipment h) Supplies on Hand Column 1 Column 2 Column 3 11,000 12,000 8,000 17,000 9,000 11,000 8,000 7,000 9,000 26,000 30,000 45,000 3,000 4,000 5,000 15,000 14,000 13,000 4,000 6,000 7,000 1,000 5,000 4,000
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