The adjusted trial balance of Lisa Morgan, Attorney-at-Law, as of November 30, 2016, after the company had
Question:
Appropriate adjustments have been made for the following items:
a. Supplies used during the month, $14,400.
b. Expired rent for the month, $13,600.
c. Depreciation expense for the month, $2,200.
INSTRUCTIONS
1. Record the adjusted trial balance in the Adjusted Trial Balance columns of the worksheet.
2. Prepare the adjusting entries in the Adjustments columns.
3. Complete the Trial Balance columns of the worksheet prior to making the adjusting entries.
Analyze: Which contra asset account is on the adjusted trialbalance?
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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