Chat with us, powered by LiveChat Adjusting entries and adjusted trial balances - Essayabode

Adjusting entries and adjusted trial balances

Principles of Accounting 1

PR3-5A Adjusting entries and adjusted trial balances Obj. 2.3, 4.5. 6

Sears Editing Company is a small editorial services company owned and operated by Decloris Sears. On January 31, 2OWl, the end of the current year, Sears Edkting Company’s accounting clerk Prepared the following unadjusted trial balance:

 

 

 

 

 

Bebe ‘Credit

 

Balances Balances

 

7.500

 

a 2.400

 

is 7.200

 

co 1980

 

. 112500

 

a 1sa2s0

 

aaa 7.550

 

a 125,200

 

a 37.950

 

. 12150

 

6.750

 

75.000

 

146.000

 

15.000

 

324.500

 

194.370

 

237s

 

22800

 

oe 17.2350

 

S075

 

750.000 750.000

 

Uncapired insurance at January 31, $2400.

 

Supplies on hand at January 31, $250.

 

Rent uncarned at January 31, $2,750.

 

Accrued salarics and wages at January 31, $1,500.

 

Fees cared but unbilied om January 31, $15,000.

 

 2. Determine the balances: of the accounts affected by the adjusting entries, and prepare an adjusted trial balance.

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?