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Unformatted text preview: E ACCOUNTS
The following information relates to Best Bargain Travel Required:
1. Complete the above worksheet by entering the adjustment amounts directly in
The adjustment columns. Service revenue is the only account affected by more
than one adjustment
2. Use the information in the adjusted trial balance to prepare income statement,
Owner’s equity and balance sheet??? Weekly salaries total $5,000.
The business is closed on Saturday and Sunday.
The employees were last paid on Dec 27, Friday.
They will be paid on Jan 3. 4. Crazy Young purchased a truck for $36,000 cash on 1, Dec, N
The truck is expected to last for 3 years. 5, During the month of Dec Crazy Young rendered services to customers
totaling $ 5,000. At the end of Dec, N, the customers have not as yet
been billed. The unadjusted trial balance prepared for the Johnson Decorating
Service on 31, Dec, N and other information are shown below: BEST BARGAIN TRAVEL-Worksheet
December 31, N Account Title
Cash at bank
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This document was uploaded on 03/26/2014.
- Spring '14