ADJUSTING ENTRIES RECORDED IN A JOURNAL 2 1
- Slides: 6
ADJUSTING ENTRIES RECORDED IN A JOURNAL 2 1 4 3 5 6 1. Heading 2. Date 3. Account Debited 4. Debit 5. Account Credited 6. Credit Lesson 17 -1, page 422 © South-Western Educational Publishing
PARTIAL WORK SHEET SHOWING ADJUSTMENTS Lesson 17 -1, page 423 © South-Western Educational Publishing
ADJUSTING ENTRY FOR MERCHANDISE INVENTORY AFTER ADJUSTMENT BEFORE ADJUSTMENT Income Summary Adj. (a) 15, 840. 00 Merchandise Inventory Bal. (New Bal. 270, 480. 00 254, 640. 00) Adj. (a) 15, 840. 00 Lesson 17 -1, page 423 © South-Western Educational Publishing
ADJUSTING ENTRY FOR OFFICE SUPPLIES INVENTORY AFTER ADJUSTMENT BEFORE ADJUSTMENT Supplies Expense—Office Adj. (b) 4, 730. 00 Supplies Expense—Office Bal. (New Bal. 6, 480. 00 1, 750. 00) Adj. (b) 4, 730. 00 Lesson 17 -1, page 424 © South-Western Educational Publishing
ADJUSTING ENTRY FOR STORE SUPPLIES INVENTORY AFTER ADJUSTMENT BEFORE ADJUSTMENT Supplies Expense—Store Adj. (c) 3, 910. 00 Supplies Expense—Store Bal. (New Bal. 6, 944. 00 3, 034. 00) Adj. (c) 3, 910. 00 Lesson 17 -1, page 424 © South-Western Educational Publishing
ADJUSTING ENTRY FOR PREPAID INSURANCE AFTER ADJUSTMENT BEFORE ADJUSTMENT Insurance Expense Adj. (d) 3, 170. 00 Prepaid Insurance Bal. (New Bal. 5, 800. 00 2, 630. 00) Adj. (d) 3, 170. 00 Lesson 17 -1, page 424 © South-Western Educational Publishing
