Question: The entries table is needed as a copy-able and formatted table, not a screenshot. Thanks! Exercise 4.12 ADJUSTING ENTRIES Selected accounts of Rikki's Real Estate

The entries table is needed as a copy-able and formatted table, not a screenshot. Thanks!

The entries table is needed as a copy-able and formatted table, not

Exercise 4.12 ADJUSTING ENTRIES Selected accounts of Rikki's Real Estate are shown below at 30 June of the current year before any adjusting entries have been made. Credit Debit $ 1200 550 6000 Prepaid Insurance Supplies Office Equipment Unearned Rental Fees Salaries Expense Rental Fees Revenue $ 4200 29 800 13200 Additional information (a) Prepaid insurance represents premiums for 1 year paid on 1 June. (b) Supplies of $200 were on hand at 30 June. ) Office equipment, which had been purchased on 1 April, is expected to last 5 years. (d) Rikki collected 4 months' rent in advance on 1 June from a number of tenants. () Accrued salaries not recorded as at 30 June are $3500. Required Record in the general journal the necessary adjusting entries on 30 June

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q1 You are employed to investigate whether any accrual entries are needed in the business of Safe Security Services (SSS). On completion of your investigation on 30 June, you have discovered that the...

I've attached the question as a word file, thanks! JWCL165_c10_444-505.qxd 8/12/09 7:24 AM Page 444 10 Liabilities Chapter STUDY OBJECTIVES After studying this chapter, you should be able to: 1...

I've attached the question as a word file, thanks! c04AccrualAccountingConcepts.qxd 8/3/10 1:50 PM Page 162 chapter 4 ACCRUAL ACCOUNTING CONCEPTS the navigator Scan Study Objectives Read Feature...

I've attached the questions as a word file. Thanks! c04AccrualAccountingConcepts.qxd 8/3/10 1:50 PM Page 162 chapter 4 ACCRUAL ACCOUNTING CONCEPTS the navigator Scan Study Objectives Read Feature...

I have included the question as a word file. I also added text from the chapter in case it might help. c04AccrualAccountingConcepts.qxd 8/3/10 1:50 PM Page 162 chapter 4 ACCRUAL ACCOUNTING CONCEPTS...

I need assistance with some SAP Classic Rockers Case Student Exercises (Setup, MM, PP, SD, FI/CO). let me know if interested. Chapter 1: Setup Exercises EXERCISE 1:SETUP PARAMETER ID This exercise...

Suppose (an) is a sequence of positive real numbers such that nan converges. n=1 Prove that the series sin(nx)an converges uniformly on R and can be integrated n=1 and differentiated term by term.

John collects alhuminum cans and sells them to a recycling firm to earn extra cash. Each can he finds earns him 20 cents. He also has an open offer to help out his friend who has a landscaping...

8. What factors should be considered when investigating variances?

The first scenario will be a Verbal Judo scenario in which your scenario follows the standard Verbal Judo interaction: You need to ask somebody to modify their behavior either to do something or to...

1. What particularly intrigues you about this innovation? Why do you think it is needed and might or might not work in your community?

2. In what ways might the innovation be adapted to your particular community characteristics or needs?

1. What are the major sources of stress in your life? What are the major sources of stress at work? Write down three sources of stress for which you can take some sort of action to change.