View the step-by-step solution to:

Question

he worksheet of

style="color:rgb(0,0,0);">Your Career Employment Service

5.jpg4.jpg3.jpg2.jpg1.jpg

Your Career Employment Service follows but is incomplete.


Requirements

1.

Calculate and enter the adjustment amounts directly in the Adjustments columns. Use letters a through d to label the four adjustments.

2.

Prepare each adjusting journal entry calculated in Requirement 1. Date the entries and include explanations.

Requirement 1. Calculate and enter the adjustment amounts directly in the Adjustments columns. Use letters a through d to label the four adjustments.

The balance sheet accounts have only been assigned one possible letter​ reference, in​ order, (a,​ b, c, or​ d). To determine the letter reference to use for each​ adjustment, first determine the balance sheet account affected and then select the corresponding letter reference to adjust the applicable income statement account.

Your Career Employment Service

Worksheet

April 30, 2016

 

 

 

1.jpg

Your Career Employment Service
Worksheet
April 30, 2016
Unadjusted
Adjusted
Trial Balance
Adjustments
Trial Balance
Account Names
Debit
Credit
Debit
Credit
Debit
Credit
Cash
$
700
$
700
Accounts Receivable
4,600
5,900
Office Supplies
1,300
1,200
Equipment
32,700
32,700

2.jpg

Accumulated Depreciation-Equipment
$ 14,500
$
15,700
Salaries Payable
1,400
Common Stock
24,300
24,300
Dividends
4,600
4,600
Service Revenue
9,400
10,700
Salaries Expense
2,400
3,800
Rent Expense
1,900
1,900
Depreciation Expense-Equipment
1,200
Supplies Expense
100
Total
$
48,200
$
48,200
$
52,100
$
52,100

3.jpg

Requirements
1. Calculate and enter the adjustment amounts directly in the Adjustments columns. Use letters a through d to label the four adjustments.
2. Prepare each adjusting journal entry calculated in Requirement 1. Date the entries and include explanations.
Unadjusted
Adjusted
Trial Balance
Adjustments
Trial Balance
Account Names
Debit
Credit
Debit
Credit
Debit
Credit
Cash
$
700
$
700
Accounts Receivable
4,600
5,900
Office Supplies
1,300
1,200
Equipment
32,700
32,700

4.jpg

Accumulated Depreciation-Equipment
$ 14,500
$ 15,700
Salaries Payable
1,400
Common Stock
24,300
24,300
Dividends
4,600
4,600
Service Revenue
9,400
10,700
Salaries Expense
2,400
3,800
Rent Expense
1,900
1,900
200

5.jpg

Dividends
4,600
4,600
Service Revenue
9,400
10,700
Salaries Expense
2,400
3,800
Rent Expense
1,900
1,900
Depreciation Expense-Equipment
1,200
Supplies Expense
100
Total
$ 48,200
$ 48,200
$
52, 100 $ 52,100

Recently Asked Questions

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask Expert Tutors You can ask 0 bonus questions You can ask 0 questions (0 expire soon) You can ask 0 questions (will expire )
Answers in as fast as 15 minutes