Chapter 3, Problem 1CE

1.

To determine

Prepare the additional T-accounts for accumulated depreciation, depreciation expense and supplies expense account.

2.

To determine

Prepare the adjusting entries that are required and post to the T-accounts by identifying all items by date.

3.

To determine

Prepare an adjusted trial balance as on 31^st May 2016.

4.

To determine

Prepare the closing entries and post them in the T-accounts.

5.

To determine

Prepare the post-closing trial balance as on 31^st May 2016.