Question: Project (Part B) Requirement 1 (Learning Objectives 3, 4: Adjust the accounts; construct the financial statements) Record the following month end adjusting entries for Gordon


Project (Part B) Requirement 1 (Learning Objectives 3, 4: Adjust the accounts; construct the financial statements) Record the following month end adjusting entries for Gordon Construction, Inc. at June 30, 2014 Month end accruals at June 30, 2014: . a. Accrued advertising revenue at June 30, $3,100. b. Supplies used during June, $2,300. c. Accrued salary expense at June 30 for Monday, Tuesday, and Wednesday. The normal five-day weekly payroll is S6,100 and will be paid on Friday, Requirement 2 Prepare an adjusted trial balance for Gordon Construction at June 30, 2014. Project - Part B Month End Adjusting Entries Date Account Titles Debit Credit Jun 30 Jun 30 art B Gordon Construction, Inc. Trial Balance Work Sheet June 30, 2014 Key each adjusting entry by letter in columni. When you plug in your adjustments below into columns j and k, the adjusted trial balance will change automatically. Adjusted Adjustments Trial Balance Debit Credit Debit Credit 55,000 0 Trial Balance Debit 55,000 0 Credit Account titles Cash Accounts receivable Supplies Equipment Land Accounts payable Salary payable Common Stock Diydends Service Revenue Salary Expense Utilities Expense Supplies Expense Total 55,000 0 0 55.000 55,000 55,000 55,000
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