Reconstruct adjusting and closing entries for the month ended September 30 from the following T accounts:丁Prepaid InsuranceAccounts ReceivableUnearned RevenueWages Payable1,3501,2501,0503851302752353851,2201,525815Diane Lin, CapitalDiane Lin, DrawingFees Earned7,0005,0005802,4002752,4002354,0205,510T T-T-TWages ExpenseRent ExpenseInsurance ExpenseUtilities Expense3,6001,880130953851,880130953,9850.If an amount box does not require an entry, leave it blank.Adjusting Entries: Tan almoUNL DOX QOes hotTequre an entrY, reave Ic Dlank.Adjusting Entries:(a)(b)(c)(d)Closing entries:(a)

Reconstruct adjusting and closing entries for the month ended September 30 from the following T accounts: Prepaid Insurance Accounts Receivable Unearned Revenue Wages Payable 1,350 1,250 1,050 385 130 275 235 385 1,220 1,525 815 Diane Lin, Capital Diane Lin, Drawing Fees Earned 7,000 2,400 5,000 580 2,400 275 2,400 235 4,020 5,510 Wages Expense Rent Expense Insurance Expense Utilities Expense 3,600 1,880 130 95 385 1,880 130 95 3,985 If an amount box does not require an entry, leave it blank.

Reconstruct adjusting and closing entries for the month ended September 30 from the following T accounts: Prepaid Insurance Accounts Receivable Unearned Revenue Wages Payable 1,350 1,250 1,050 385 130 275 235 385 1,220 1,525 815 Diane Lin, Capital Diane Lin, Drawing Fees Earned 7,000 2,400 5,000 580 2,400 275 2,400 235 4,020 5,510 Wages Expense Rent Expense Insurance Expense Utilities Expense 3,600 1,880 130 95 385 1,880 130 95 3,985 If an amount box does not require an entry, leave it blank.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter4: The Adjustment Process

Section: Chapter Questions

Problem 11EB: Prepare adjusting journal entries, as needed, considering the account balances excerpted from the...

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