2. Use transaction analysis charts to analyze the following

Use transaction analysis charts to analyze the following adjustments;

a. Depreciation on equipment, $1400

b. Rent expired, $900

3. From the following adjustment data, calculate the adjustment amount and record appropriate debits or credits:

a. Supplies purchased, $1,100.

Supplies on hand, $550.

b. Store equipment, $12,500.

Accumulated depreciation, store equipment, before adjustment, $500.

Depreciation expense, store equipment, $100.

4. From the following trial balance (Figure 4.19, page 132) and adjustment data, compplete a worksheet for J. Trent as of July 31, 201X:

a.. Depreciation expense, store equipment, $2.

b. Insurance expired $1.

c. Store supplies on hand, $8.

d. Wages owed, but not paid for (they are an expense in the old year), $2.

Reference

Slater, Jeffrey. (2019). College Accounting: A Practical Approach, 14th Ed. Upper Saddle River, NJ: Pearson/Prentice Hall.

It’s that simple.Pay only when you are satisfied.

1-Send us your Assignment requirements, attach and deadline for submission.

2-You will get a confirmation from us with a price quote.Pay us and be relax.

3-Your Completed task will be e mailed to you before agreed time.

Send your academic problems,

Get instant Help only at Writerscampus!