Reconstruct adjusting and closing entries for the month ended September 30 from the following T accounts:丁Prepaid InsuranceAccounts ReceivableUnearned RevenueWages Payable1,3501,2501,0503851302752353851,2201,525815Diane Lin, CapitalDiane Lin, DrawingFees Earned7,0005,0005802,4002752,4002354,0205,510T T-T-TWages ExpenseRent ExpenseInsurance ExpenseUtilities Expense3,6001,880130953851,880130953,9850.If an amount box does not require an entry, leave it blank.Adjusting Entries: Tan almoUNL DOX QOes hotTequre an entrY, reave Ic Dlank.Adjusting Entries:(a)(b)(c)(d)Closing entries:(a)

Reconstruct adjusting and closing entries for the month ended September 30 from the following T accounts: Prepaid Insurance Accounts Receivable Unearned Revenue Wages Payable 1,350 1,250 1,050 385 130 275 235 385 1,220 1,525 815 Diane Lin, Capital Diane Lin, Drawing Fees Earned 7,000 2,400 5,000 580 2,400 275 2,400 235 4,020 5,510 Wages Expense Rent Expense Insurance Expense Utilities Expense 3,600 1,880 130 95 385 1,880 130 95 3,985 If an amount box does not require an entry, leave it blank.

Reconstruct adjusting and closing entries for the month ended September 30 from the following T accounts: Prepaid Insurance Accounts Receivable Unearned Revenue Wages Payable 1,350 1,250 1,050 385 130 275 235 385 1,220 1,525 815 Diane Lin, Capital Diane Lin, Drawing Fees Earned 7,000 2,400 5,000 580 2,400 275 2,400 235 4,020 5,510 Wages Expense Rent Expense Insurance Expense Utilities Expense 3,600 1,880 130 95 385 1,880 130 95 3,985 If an amount box does not require an entry, leave it blank.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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