A B D E F G Venice Vegetable Market Spreadsheet (Partial) For Year Ended December 31, 20-- 1 2 3 4 TRIAL BALANCE ADJUSTMENTS ACCOUNT TILE 5 DENT CIEDNT DEBIT CRENT Merchandise Imentory Supplies Bulding 9 Accum. Depr.-Buiking 30,000.00 (a) (d) 6 35,000.00 4,500.00 50,000.00 (b) 35,000.00 3,100.00 6,000.00 1,300.00 23,000.00 10 Wages Payable Uhearned Membership Revenue 12 Income Summary 13 Membership Reverue 14 Wages Expense 15 Supplies Expense 16 Depr. ExpenseBulding (e) (0 5,500.00 35,000.00 (b) () 1,300.00 3,100.00 6,000.00 7,000.00 () (a) 24,000.00 11 30,000.00 5,500.00 41,000.00 (0 (d) (e) 17 80,900.00 80900.00 18

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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JOURNALIZE ADJUSTING ENTRIES FOR A MERCHANDISING BUSINESS The
following partial spreadsheet is taken from the books of the Venice Vegetable Market, for the year ended December 31, 20--. Journalize the adjustments in a general journal.

A
B
D
E
F
G
Venice Vegetable Market
Spreadsheet (Partial)
For Year Ended December 31, 20--
1
2
3
4
TRIAL BALANCE
ADJUSTMENTS
ACCOUNT TILE
5
DENT
CIEDNT
DEBIT
CRENT
Merchandise Imentory
Supplies
Bulding
9 Accum. Depr.-Buiking
30,000.00 (a)
(d)
6
35,000.00
4,500.00
50,000.00
(b)
35,000.00
3,100.00
6,000.00
1,300.00
23,000.00
10 Wages Payable
Uhearned Membership Revenue
12 Income Summary
13 Membership Reverue
14 Wages Expense
15 Supplies Expense
16 Depr. ExpenseBulding
(e)
(0
5,500.00
35,000.00 (b)
()
1,300.00
3,100.00
6,000.00
7,000.00 ()
(a)
24,000.00
11
30,000.00
5,500.00
41,000.00
(0
(d)
(e)
17
80,900.00
80900.00
18
Transcribed Image Text:A B D E F G Venice Vegetable Market Spreadsheet (Partial) For Year Ended December 31, 20-- 1 2 3 4 TRIAL BALANCE ADJUSTMENTS ACCOUNT TILE 5 DENT CIEDNT DEBIT CRENT Merchandise Imentory Supplies Bulding 9 Accum. Depr.-Buiking 30,000.00 (a) (d) 6 35,000.00 4,500.00 50,000.00 (b) 35,000.00 3,100.00 6,000.00 1,300.00 23,000.00 10 Wages Payable Uhearned Membership Revenue 12 Income Summary 13 Membership Reverue 14 Wages Expense 15 Supplies Expense 16 Depr. ExpenseBulding (e) (0 5,500.00 35,000.00 (b) () 1,300.00 3,100.00 6,000.00 7,000.00 () (a) 24,000.00 11 30,000.00 5,500.00 41,000.00 (0 (d) (e) 17 80,900.00 80900.00 18
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