The adjusting entries made are:    A debit entry of  ...blank... to Accounts Receivable and a credit entry to  ..blank... A debit entry of 180 to  ..blank... and a credit entry to  ..blank... A debit entry of 150 to  ..blank... and a credit entry to  ..blank... A debit entry of  ..blank... to  ..blank... and a credit entry to supplies A  blank entry of 400 to  ..blank... and a  ..blank... entry of 400 to  ..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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The adjusting entries made are:  

 A debit entry of  ...blank... to Accounts Receivable and a credit entry to  ..blank...

A debit entry of 180 to  ..blank... and a credit entry to  ..blank...

A debit entry of 150 to  ..blank... and a credit entry to  ..blank...

A debit entry of  ..blank... to  ..blank... and a credit entry to supplies

A  blank entry of 400 to  ..blank... and a  ..blank... entry of 400 to  ..blank...

XYZ company has the following trial and adjusted trial balances at the end of the year.
Trial Balance
Adjusted Trial Balance
Debit
Credit
Debit
Credit
Cash
$ 5,410
5,410
Accounts Receivable. .
4,600
6,300
Supplies .
900
320
Prepaid Insurance...
1,800
1,650
Equipment.
Accumulated Depreciation-
8,000
8,000
Equipment.
$ 180
Accounts Payable .
$ 5,400
5,400
Salaries and Wages Payable..
400
Share Capital-Ordinary..
12,000
12,000
Dividends...
600
600
Service Revenue..
6,200
7,900
Maintenance and Repairs Expense. .
290
290
Supplies Expense.
Depreciation Expense..
580
180
Insurance Expense. .
150
...........
Salaries and Wages Expense..
2,000
2,400
$23,600
$23,600
$25,880
$25,880
The adjusting entries made are:
A debit entry of
to Accounts Receivable and a credit entry to
Transcribed Image Text:XYZ company has the following trial and adjusted trial balances at the end of the year. Trial Balance Adjusted Trial Balance Debit Credit Debit Credit Cash $ 5,410 5,410 Accounts Receivable. . 4,600 6,300 Supplies . 900 320 Prepaid Insurance... 1,800 1,650 Equipment. Accumulated Depreciation- 8,000 8,000 Equipment. $ 180 Accounts Payable . $ 5,400 5,400 Salaries and Wages Payable.. 400 Share Capital-Ordinary.. 12,000 12,000 Dividends... 600 600 Service Revenue.. 6,200 7,900 Maintenance and Repairs Expense. . 290 290 Supplies Expense. Depreciation Expense.. 580 180 Insurance Expense. . 150 ........... Salaries and Wages Expense.. 2,000 2,400 $23,600 $23,600 $25,880 $25,880 The adjusting entries made are: A debit entry of to Accounts Receivable and a credit entry to
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