Question: Two adjusting entries are shown in the following general journal. Post these adjusting entries to the four general ledger accounts. The following account numbers were

Two adjusting entries are shown in the following general journal. Post these adjusting entries to the four general ledger accounts. The following account numbers were taken from the chart of accounts: 145, Prepaid Insurance; 183.1, Accumulated Depreciation'Cleaning Equipment; 541, Depreciation Expense'Cleaning Equipment; and 535, Insurance Expense. If you are not using the working papers that accompany this text, enter the following balances before posting the entries: Prepaid Insurance, $960 Dr.; Accumulated Depreciation'Cleaning Equipment, $870Cr.

GENERAL JOURNAL FAGE POST. DESCIPTION DATE DEBI CREDE Adjusting Entries 20 31 Insurance Expense Prepaid Insurance 2 July 320 00 320 00 |3 4 31 Depr. Expense Cleaning Equipment Accum. Depr.-Cleaning Equipment 145 00 145 00 6

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