The following unadjusted accounts are extracted from the general ledger of A Corp. at December 31, 2019: Depreciation Expense - 624 Acc. Dep'n - Truck Truck 184 Truck 1,300 194 10,000 1,300 Additional Information: The truck was purchased January 1, 2019. It has an estimated useful life of 4 years. Required: Prepare the needed adjusting entry at December 31, 2019.

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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Cp 3-2 I’m confused
2:44
ACC111-Student Te...
a. Expense
b. ned
1.
Commissions Earned
2. Supplies Expense
Salaries Expense
Unearned Fees
c. Rent
3.
d.
4.
e. Receivable
f. Earned
g. Supplies
5.
Accumulated Depreciation
6.
Rent Expense
7. Prepaid Insurance
Interest Earned
Interest Expense
10. Unearned Rent
h. Commissions Revenue
8.
i.
9.
j. on Expense
Required: Match each account in column A with the appropriate account
in column B.
СР 3-2
The following unadjusted accounts are extracted from the general
ledger of A Corp. at December 31, 2019:
Depreciation Expense -
Acc. Dep'n -
Truck
184
Truck
624
Truck
194
10,000
1,300
1,300
Additional Information: The truck was purchased January 1, 2019. It
has an estimated useful life of 4 years.
Required: Prepare the needed adjusting entry at December 31, 2019.
REE/ Financial Accounting and the Use of Adjusting Entries First US Edition
СР 3-3
The following unadjusted accounts are taken from the records of B
Corp. at December 31, 2019:
Interest Expense
1.100 |
Bank Loan
201
632
Interest Payable 222
12.000
100
6
Dashboard
Calendar
To Do
Notifications
Inbox
因
Transcribed Image Text:2:44 ACC111-Student Te... a. Expense b. ned 1. Commissions Earned 2. Supplies Expense Salaries Expense Unearned Fees c. Rent 3. d. 4. e. Receivable f. Earned g. Supplies 5. Accumulated Depreciation 6. Rent Expense 7. Prepaid Insurance Interest Earned Interest Expense 10. Unearned Rent h. Commissions Revenue 8. i. 9. j. on Expense Required: Match each account in column A with the appropriate account in column B. СР 3-2 The following unadjusted accounts are extracted from the general ledger of A Corp. at December 31, 2019: Depreciation Expense - Acc. Dep'n - Truck 184 Truck 624 Truck 194 10,000 1,300 1,300 Additional Information: The truck was purchased January 1, 2019. It has an estimated useful life of 4 years. Required: Prepare the needed adjusting entry at December 31, 2019. REE/ Financial Accounting and the Use of Adjusting Entries First US Edition СР 3-3 The following unadjusted accounts are taken from the records of B Corp. at December 31, 2019: Interest Expense 1.100 | Bank Loan 201 632 Interest Payable 222 12.000 100 6 Dashboard Calendar To Do Notifications Inbox 因
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