Good Note Company specializes in the repair of music equipment and is owned and oper-ated by Robin Stahl. On November 30, 2019, the end of the current year, the accountantfor Good Note prepared the following trial balances:Good Note CompanyTrial BalancesNovember 30, 2019UnadjustedAdjustedCreditDebitBalances BalancesCreditDebitBalances BalancesCash38,25089,50038,25089,500Accounts Receivable.Supplies....Prepaid Insurance.Equipment....Accumulated Depreciation-Equipment .Automobiles..11,2502,4003,85014,250290,450290,45094,500106,100129,500129,500Accumulated Depreciation-AutomobilesAccounts PayableSalaries Payable ...54,75062,05024,93026,1308,10018,000324,020Unearned Service Fees.Robin Stahl, CapitalRobin Stahl, Drawing9,000324,02075,00075,000Service Fees Earned733,800742,800Salary Expense.Rent ExpenseSupplies Expense..Depreciation Expense-Equipment..Depreciation Expense-Automobiles..Utilities ExpenseTaxes Expense..Insurance ExpenseMiscellaneous Expense516,900525,00054,00054,0008,85011,6007,30012,90014,100....8,17510,4009,8251,278,200 1,278,2008,1759,8251,250,000 1,250,000InstructionsJournalize the seven entries that adjusted the accounts at November 30. None of the ac-counts were affected by more than one adjusting entry.

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Asked Dec 4, 2019
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Good Note Company specializes in the repair of music equipment and is owned and oper-
ated by Robin Stahl. On November 30, 2019, the end of the current year, the accountant
for Good Note prepared the following trial balances:
Good Note Company
Trial Balances
November 30, 2019
Unadjusted
Adjusted
Credit
Debit
Balances Balances
Credit
Debit
Balances Balances
Cash
38,250
89,500
38,250
89,500
Accounts Receivable.
Supplies....
Prepaid Insurance.
Equipment....
Accumulated Depreciation-Equipment .
Automobiles..
11,250
2,400
3,850
14,250
290,450
290,450
94,500
106,100
129,500
129,500
Accumulated Depreciation-Automobiles
Accounts Payable
Salaries Payable ...
54,750
62,050
24,930
26,130
8,100
18,000
324,020
Unearned Service Fees.
Robin Stahl, Capital
Robin Stahl, Drawing
9,000
324,020
75,000
75,000
Service Fees Earned
733,800
742,800
Salary Expense.
Rent Expense
Supplies Expense..
Depreciation Expense-Equipment..
Depreciation Expense-Automobiles..
Utilities Expense
Taxes Expense..
Insurance Expense
Miscellaneous Expense
516,900
525,000
54,000
54,000
8,850
11,600
7,300
12,900
14,100
....
8,175
10,400
9,825
1,278,200 1,278,200
8,175
9,825
1,250,000 1,250,000
Instructions
Journalize the seven entries that adjusted the accounts at November 30. None of the ac-
counts were affected by more than one adjusting entry.
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Good Note Company specializes in the repair of music equipment and is owned and oper- ated by Robin Stahl. On November 30, 2019, the end of the current year, the accountant for Good Note prepared the following trial balances: Good Note Company Trial Balances November 30, 2019 Unadjusted Adjusted Credit Debit Balances Balances Credit Debit Balances Balances Cash 38,250 89,500 38,250 89,500 Accounts Receivable. Supplies.... Prepaid Insurance. Equipment.... Accumulated Depreciation-Equipment . Automobiles.. 11,250 2,400 3,850 14,250 290,450 290,450 94,500 106,100 129,500 129,500 Accumulated Depreciation-Automobiles Accounts Payable Salaries Payable ... 54,750 62,050 24,930 26,130 8,100 18,000 324,020 Unearned Service Fees. Robin Stahl, Capital Robin Stahl, Drawing 9,000 324,020 75,000 75,000 Service Fees Earned 733,800 742,800 Salary Expense. Rent Expense Supplies Expense.. Depreciation Expense-Equipment.. Depreciation Expense-Automobiles.. Utilities Expense Taxes Expense.. Insurance Expense Miscellaneous Expense 516,900 525,000 54,000 54,000 8,850 11,600 7,300 12,900 14,100 .... 8,175 10,400 9,825 1,278,200 1,278,200 8,175 9,825 1,250,000 1,250,000 Instructions Journalize the seven entries that adjusted the accounts at November 30. None of the ac- counts were affected by more than one adjusting entry.

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Adjusting Entries:

Adjusting entry is an entry in a company’s general ledger that occurs that the end an accounting period to record any unrecognized income or expenses...

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