Take me to the text Floating Speed Boat has completed its journal entries for the month of October and posted them to the general ledger. Based on the ledger balances, an adjusted trial balance has been prepared. The following adjustments must be made at the end of October. Oct 31 Depreciation on equipment for the month is $400. Oct 31 Prepaid insurance of $650 has been used up this month. Oct 31 Interest of $110 accrued on the bank loan. Oct 31 Unearned revenue of $860 has now been earned. Required Complete the worksheet. Do not enter dollar signs or commas in the input boxes. Select the proper order for the headings of the worksheet. Unadjusted Trial Balance Adjustments Adjusted Trial Balance

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Take me to the text
Floating Speed Boat has completed its journal entries for the month of October and posted them to the general ledger. Based on
the ledger balances, an adjusted trial balance has been prepared. The following adjustments must be made at the end of October.
Oct 31 Depreciation on equipment for the month is $400.
Oct 31 Prepaid insurance of $650 has been used up this month.
Oct 31 Interest of $110 accrued on the bank loan.
Oct 31 Unearned revenue of $860 has now been earned.
Required
Complete the worksheet.
Do not enter dollar signs or commas in the input boxes.
Select the proper order for the headings of the worksheet.
Unadjusted Trial Balance
Adjustments
Adjusted Trial Balance
Transcribed Image Text:Take me to the text Floating Speed Boat has completed its journal entries for the month of October and posted them to the general ledger. Based on the ledger balances, an adjusted trial balance has been prepared. The following adjustments must be made at the end of October. Oct 31 Depreciation on equipment for the month is $400. Oct 31 Prepaid insurance of $650 has been used up this month. Oct 31 Interest of $110 accrued on the bank loan. Oct 31 Unearned revenue of $860 has now been earned. Required Complete the worksheet. Do not enter dollar signs or commas in the input boxes. Select the proper order for the headings of the worksheet. Unadjusted Trial Balance Adjustments Adjusted Trial Balance
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