The adjusted trial balance of Campus Book Store and Supply Company as of November 30, 20X1,...

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The adjusted trial balance of Campus Book Store and Supply Company as of November 30, 20X1, after the firm's first month of operations, appears below. Appropriate adjustments have been made for the following items: a. Supplies used during the month, $5,600. b. Expired rent for the month, $6,800. c. Depreciation expense for the month, $1,800. CAMPUS BOOK STORE AND SUPPLY COMPANY Adjusted Trial Balance November 30, 20X1 Account Name Cash Accounts receivable Supplies Prepaid rent Equipment Accumulated depreciation-Equipment Accounts payable Stanley Ingram, Capital Stanley Ingram, Drawing Fees income Depreciation expense-Equipment Rent expense Salaries expense Supplies expense Utilities expense Totals Debit $ 45,950 7,424 8,800 40,800 54,800 Credit $ 1,800 17,600 83,274 94,480 7,600 1,800 6,800 16,600 5,600 980 $197,154 $197,154 Required: 2. Record the adjusting entries in the Adjustments columns. 3. Complete the Trial Balance columns of the worksheet prior to making the adjusting entries. The adjusted trial balance of Campus Book Store and Supply Company as of November 30, 20X1, after the firm's first month of operations, appears below. Appropriate adjustments have been made for the following items: a. Supplies used during the month, $5,600. b. Expired rent for the month, $6,800. c. Depreciation expense for the month, $1,800. CAMPUS BOOK STORE AND SUPPLY COMPANY Adjusted Trial Balance November 30, 20X1 Account Name Cash Accounts receivable Supplies Prepaid rent Equipment Accumulated depreciation-Equipment Accounts payable Stanley Ingram, Capital Stanley Ingram, Drawing Fees income Depreciation expense-Equipment Rent expense Salaries expense Supplies expense Utilities expense Totals Debit $ 45,950 7,424 8,800 40,800 54,800 Credit $ 1,800 17,600 83,274 94,480 7,600 1,800 6,800 16,600 5,600 980 $197,154 $197,154 Required: 2. Record the adjusting entries in the Adjustments columns. 3. Complete the Trial Balance columns of the worksheet prior to making the adjusting entries.

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Adjustment a Supplies used during the month 5600 Account Title Debit Credi... View the full answer