B D E 1 Vinnle's Vegetable Market End-of-Perlod Spreadsheet (Partlal) For Year Ended December 31, 20- 2 3 4 TRIAL BALANCE ADJUSTMENTS ACCOUNT TITLE 5 DEBIT CREDIT DEBIT CREDIT 6 Merchandise Inventory 7 Supplies 8 Bullding 9 Accum. Depr.–Bullding 10 Wages Payable 11 Unearmed Membership Fees 12 Income Summary 50,000.00 (a) 45,000.00 10,000.00 45,000.00 7,000.00 (b) (d) 60,000.00 15,000.00 (e) 5,000.00 (1) 1,200.00 3,000.00 (C) 2,000.00 45,000.00 (b) (c) 1,200.00 50,000.00 |(a) 20,000.00 13 Membership Fees 2,000.00 37,000.00 14 Wages Expense 15 Supplies Expense 16 Depr. Expense–Bullding (1) (d) 7,000.00 5,000.00 110,200.00 (e) 17 110,200.00 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 Vinnie's
Vegetable Market, for the year ended December 31, 20--. Journalize the adjustments in a general journal.

B
D
E
1
Vinnle's Vegetable Market
End-of-Perlod Spreadsheet (Partlal)
For Year Ended December 31, 20-
2
3
4
TRIAL BALANCE
ADJUSTMENTS
ACCOUNT TITLE
5
DEBIT
CREDIT
DEBIT
CREDIT
6 Merchandise Inventory
7 Supplies
8 Bullding
9 Accum. Depr.–Bullding
10 Wages Payable
11 Unearmed Membership Fees
12 Income Summary
50,000.00 (a)
45,000.00
10,000.00
45,000.00
7,000.00
(b)
(d)
60,000.00
15,000.00
(e)
5,000.00
(1)
1,200.00
3,000.00 (C)
2,000.00
45,000.00 (b)
(c)
1,200.00
50,000.00
|(a)
20,000.00
13 Membership Fees
2,000.00
37,000.00
14 Wages Expense
15 Supplies Expense
16 Depr. Expense–Bullding
(1)
(d)
7,000.00
5,000.00
110,200.00
(e)
17
110,200.00
18
Transcribed Image Text:B D E 1 Vinnle's Vegetable Market End-of-Perlod Spreadsheet (Partlal) For Year Ended December 31, 20- 2 3 4 TRIAL BALANCE ADJUSTMENTS ACCOUNT TITLE 5 DEBIT CREDIT DEBIT CREDIT 6 Merchandise Inventory 7 Supplies 8 Bullding 9 Accum. Depr.–Bullding 10 Wages Payable 11 Unearmed Membership Fees 12 Income Summary 50,000.00 (a) 45,000.00 10,000.00 45,000.00 7,000.00 (b) (d) 60,000.00 15,000.00 (e) 5,000.00 (1) 1,200.00 3,000.00 (C) 2,000.00 45,000.00 (b) (c) 1,200.00 50,000.00 |(a) 20,000.00 13 Membership Fees 2,000.00 37,000.00 14 Wages Expense 15 Supplies Expense 16 Depr. Expense–Bullding (1) (d) 7,000.00 5,000.00 110,200.00 (e) 17 110,200.00 18
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