College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
12th Edition
ISBN: 9781305084087
Author: Cathy J. Scott
Publisher: Cengage Learning
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Chapter 11, Problem 1PA

The trial balance of Hadden Company as of December 31, the end of its current fiscal year, is as follows:

Chapter 11, Problem 1PA, The trial balance of Hadden Company as of December 31, the end of its current fiscal year, is as

Here are the data for the adjustments.

a–b.    Merchandise Inventory at December 31, $64,742.80.

c.    Store supplies inventory (on hand), $420.20.

d.    Insurance expired, $738.

e.    Salaries accrued, $684.50.

f.    Depreciation of store equipment, $3,620.

Required

Complete the work sheet after entering the account names and balances onto the work sheet.

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