Wk 3 - A. BE3-3- On December 31st Gleason Advertising...

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A. BE3-3- On December 31 st Gleason Advertising Company’s trial balance will show Advertising Supplies debited $6,700 which will go on the left side of the trial balance sheet and Supplies Expense is credited $6,700 which will go on the right side of the trial balance sheet. Advertising Supplies will be debited $5,000 which will go on the left side of the trial balance sheet and Supplies Expense will be credited $5,000 which will go on the right side of the trial balance sheet. After adjusting entries Supplies Expense will be debited $6,700 which will go on the left side of the trial balance sheet and Advertising Supplies will be credited $6,700 which will be on the right side of the balance sheet. B. BE3-4- On December 31 st Easton Company’s trial balance sheet before adjusting entries will show Equipment debited $24,000 which will be on the left side of the trial balance sheet and Depreciation Expense credited $24,000 which will be on the right side of the trial balance sheet. Equipment. Equipment will be debited $30,000 and Depreciation
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This note was uploaded on 03/31/2009 for the course ACCOUNTING 362 taught by Professor Hamman during the Spring '09 term at University of Phoenix.

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Wk 3 - A. BE3-3- On December 31st Gleason Advertising...

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