The trial balances before and after adjustment for Matusiak Company at the end of its fiscal year
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Instructions
Prepare the adjusting entries that weremade.
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Matusiak Company Trial Balance August 31, 2014 Before Adjustment After Adjustment Dr. Cr. Dr. Cr Cash Accounts Receivable $10,400 8,800 2,300 4,000 14,000 $10,400 10,000 700 2,500 14,000 Supplies Prepaid Insurance Equipment 3,600 5,800 $ 4,900 5,800 1,100 800 12,000 3,600 35,200 11,700 Accumulated Depreciation-Equipment Accounts Payable Salarics and Wages Payable Unearned Rent Revenue Common Stock 1,500 12,000 3,600 34,000 11,000 Retained Earnings Scrvicc Kevcnlic Rent Revenue Salaries and Wages Expense Supplies Expense 18,100 1,600 15,000 1,500 1,300 17,000 Rent Expense 15,000 Insurance Expense Depreciation Expense $71,500 $71,500 $75,100 $75,100
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Related Book For
Financial and managerial accounting
ISBN: 978-1118016114
1st edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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