Question: The unadjusted and adjusted trial balances for Tomahawk Services Co. on July 31, 2008, are shown below. Journalize the five entries that adjusted the accounts
The unadjusted and adjusted trial balances for Tomahawk Services Co. on July 31, 2008, are shown below.
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Journalize the five entries that adjusted the accounts at July 31, 2008. None of the accounts were affected by more than one adjustingentry.
Tomahawk Services Co Trial Balance July 31, 2008 Unadjusted Adjusted Debit Credit Debit Credit BalancesBaces ances Balaces 48 126 48 114 36 60 78 120 Accounts Receivable 36 120 Accumulated Depreciation-Equipment. 24 78 0 276 39 78 276 234 Wages Payable ._ . .. 24 24 Fees Earned .. .. Wages Expense Rent Expense_. 72 24 75 24 _ . . . . 12 15 Depreciation Expense 12 630 600 630
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