Horngren's Accounting: The Managerial Chapters, Student Value Edition (12th Edition)

12th Edition

ISBN: 9780134491509

Author: MILLER-NOBLES, Tracie L., Mattison, Brenda L., Matsumura, Ella Mae

Publisher: PEARSON

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Textbook Question

Chapter 4, Problem P4A.34APGA

Preparing adjusting entries and reversing entries

Learning Objectives 7 Appendix 4
The unadjusted trial balance and adjustment data of Martha's Motors at December 31, 2018, follow:

Chapter 4, Problem P4A.34APGA, Preparing adjusting entries and reversing entries Learning Objectives 7 Appendix 4 The unadjusted

Adjustment data at December 31,2018:

Depreciation on equipment, $2,100.
Accrued Wages Expense. $1,100.
Office Supplies cm hand, $500.
Prepaid Insurance expired during December,$600.
Unearned Revenue earned during December,$4,800
Accrued Service Revenue, 51,300.

2019 transactions:

On January 4, Martha's Motors paid wages of $1,900. Of this, $1,100 related to the accrued wages recorded on December 31.
On January 10, Martha’s Motors received $1,500 for Service Revenue. Of this, $1,300 is related to the accrued Service Revenue recorded on December 31

Requirements

Journalize adjusting entries.
Journalize reversing entries for the appropriate adjusting entries.
Refer to the 2019 data. Journalize the cash payment and the cash receipt that occurred in 2019.

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Chapter 4, Problem P4.33APGA

Chapter 4, Problem P4.35BPGB

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Do part 1 and 2 journal entries

Chapter 4 Solutions

Horngren's Accounting: The Managerial Chapters, Student Value Edition (12th Edition)

Ch. 4 - Assets are listed on the balance sheet in the...Ch. 4 - Which of the following accounts would be included...Ch. 4 - Which situation indicates a net loss within the...Ch. 4 - Which of the following accounts is not closed?...Ch. 4 - What do closing entries accomplish? Learning...Ch. 4 - Which of the following is not a closing entry?...Ch. 4 - Which of the following accounts may appear on a...Ch. 4 - 8. Which of the following steps of the accounting...Ch. 4 - Clean Water Softener Systems has Cash of $600,...Ch. 4 - Which of the following statements concerning...

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