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 4, Problem 2PA

The trial balance of Clayton Cleaners for the month ended September 30 is as follows:

Chapter 4, Problem 2PA, The trial balance of Clayton Cleaners for the month ended September 30 is as follows: Data for the

Data for the adjustments are as follows:

  1. a. Expired or used-up insurance, $800.
  2. b. Depreciation expense on equipment, $2,700.
  3. c. Wages accrued or earned since the last payday, $585 (owed and to be paid on the next payday).
  4. d. Supplies remaining at the end of month, $230.

Required

  1. 1. Complete a work sheet. (Skip this step if using CLGL.)
  2. 2. Journalize the adjusting entries.

*If you are using CLGL, use the year 2020 when recording transactions.

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