The following is a partial listing of the unadjusted and adjusted trial balances for Teresita Galang,...
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The following is a partial listing of the unadjusted and adjusted trial balances for Teresita Galang, the Property Manager. Prepaid Insurance Office Supplies Interest Receivable Building Accumulated Depreciation Advances from Tenants /Rent Payable Salaries Payable Insurance Expense Supplies Expense Depreciation Expense Salaries Expense Rent Expense Interest Revenues Rent Revenues Required: Unadjusted Trial Dr. P 30,000 12,600 1,560,000 200,000 120,000 Balance Cr. P240,000 24,000 Adjusted From the information given, reconstruct the adjusting entries. Trial Dr. P 13,800 5,400 2,100 1,560,000 16,200 7,200 40,000 218,000 160,000 Balance Cr. P280,000 16,000 f 40,000 18,000 2,100 8,000 The following is a partial listing of the unadjusted and adjusted trial balances for Teresita Galang, the Property Manager. Prepaid Insurance Office Supplies Interest Receivable Building Accumulated Depreciation Advances from Tenants /Rent Payable Salaries Payable Insurance Expense Supplies Expense Depreciation Expense Salaries Expense Rent Expense Interest Revenues Rent Revenues Required: Unadjusted Trial Dr. P 30,000 12,600 1,560,000 200,000 120,000 Balance Cr. P240,000 24,000 Adjusted From the information given, reconstruct the adjusting entries. Trial Dr. P 13,800 5,400 2,100 1,560,000 16,200 7,200 40,000 218,000 160,000 Balance Cr. P280,000 16,000 f 40,000 18,000 2,100 8,000
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Financial Accounting
ISBN: 978-0133427530
10th edition
Authors: Walter Harrison, Charles Horngren, William Thomas
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