Requirement 5. Journalize the adjusting entries using the adjustment data. Post adjusting entries to the T-accounts. Begin by preparing the adjusting entries. (Record debits first, then credits. Exclude explanations from journal entries.) a. Accrued Salaries Expense, $800. Review the Adjustments section of the worksheet you completed above. Accounts Date Dec. 31 Adj. (a) Debit Credit

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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24
11
35
Adjustments section of worksheet
Cash
Accounts Receivable
Office Supplies
Prepaid Insurance
Truck
Acc. Dep.-Truck
Accounts Payable
Salaries Payable
Uneamed Revenue
Common Stock
Dividends
Service Revenue
Salaries Expense
Dep. Exp.-Truck
Fuel Expense
Rent Expense
Supplies Expense
@
Print
800
(b)
100
Insurance Expense (C) 100
450
(d)
700
300
2,450
Done
(d)
(c)
(b)
TO
(e)
(f)
300
100
100
800
700
450
2,450
X
Transcribed Image Text:24 11 35 Adjustments section of worksheet Cash Accounts Receivable Office Supplies Prepaid Insurance Truck Acc. Dep.-Truck Accounts Payable Salaries Payable Uneamed Revenue Common Stock Dividends Service Revenue Salaries Expense Dep. Exp.-Truck Fuel Expense Rent Expense Supplies Expense @ Print 800 (b) 100 Insurance Expense (C) 100 450 (d) 700 300 2,450 Done (d) (c) (b) TO (e) (f) 300 100 100 800 700 450 2,450 X
Requirement 5. Journalize the adjusting entries using the adjustment data. Post adjusting entries to the T-accounts.
Begin by preparing the adjusting entries. (Record debits first, then credits. Exclude explanations from journal entries.)
a. Accrued Salaries Expense, $800.
Review the Adjustments section of the worksheet you completed above.
Date
Accounts.
Dec. 31
Adj. (a)
Debit
Credit
Transcribed Image Text:Requirement 5. Journalize the adjusting entries using the adjustment data. Post adjusting entries to the T-accounts. Begin by preparing the adjusting entries. (Record debits first, then credits. Exclude explanations from journal entries.) a. Accrued Salaries Expense, $800. Review the Adjustments section of the worksheet you completed above. Date Accounts. Dec. 31 Adj. (a) Debit Credit
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