Question found in second image, use adjustment table to fill out 1. Worksheet -Accounts TitleCashAccounts ReceivableOffice SuppliesPrepaid RentEquipmentAccumulated Depreciation - EquipmentTrucksAccumulated Depreciation - TrucksAccounts PayableUtilities PayableSalaries PayableInterest PayableUnearned RevenueNotes PayableMacey, CapitalMacey, WithdrawalsService RevenueRent ExpenseSalaries ExpenseSupplies ExpenseUtilities ExpenseDepreciation Expense - EquipmentDepreciation Expense - TruckInterest ExpenseTotalWorksheetUnadjusted TrialBalanceDebit$ 27,400$6,700$500$2,300$ 50,000$114,000$ 21,000$ 9,200$ 23,800$4,600$$Credit3,800300Adjustments$ 84,000Debit$ 3,500$ 4,500 $3,200$ 25,000$141,900$ 1,150$ 7,200$ 350$ 1,300$ 1,900$ 300Debit$ 27,400$ 10,200$ 350 $ 150$ 1,150 $ 1,150$ 50,000$ 1,300Credit$ 1,900$ 7,200300SS$$ 6,700SENILSSS is es SSAdjusted TrialBalance$ 21,000$$114,000$ 10,350$ 31,000350$ 4,6001,300$ 1,900$$ 300Credit$ 1,300$ 1,900$3,800300$$7,200$300$ 1,300$ 25,000$141,900$ 90,700$259,500 $259,500 $ 18,900 $ 18,900 $273,700 $273,700 Requirement 2. Describe each adjusting entry. For example, a. Prepaid rent expires, $1,150.Select the description that best describes each adjusting entry. The first entry has been completed for you.a. Prepaid rent expired, $1,150.b.οC.d.e.f.g.h.

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Description: Question found in second image, use adjustment table to fill out 1. Worksheet -Accounts TitleCashAccounts ReceivableOffice SuppliesPrepaid RentEquipmentAccumulated Depreciation - EquipmentTrucksAccumulated Depreciation - TrucksAccounts PayableUtiliti

The accrued and deferred revenue and expenditures are adjusted at the end of the period. The…

Business

Accounting

Requirement 2. Describe each adjusting entry. For example, a. Prepaid rent expires, $1,150. Select the description that best describes each adjusting entry. The first entry has been completed for you. a. Prepaid rent expired, $1,150. b. C. d. e. f. 9.

Requirement 2. Describe each adjusting entry. For example, a. Prepaid rent expires, $1,150. Select the description that best describes each adjusting entry. The first entry has been completed for you. a. Prepaid rent expired, $1,150. b. C. d. e. f. 9.

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter4: Adjusting Entries And The Work Sheet

Section: Chapter Questions

Problem 7QY: Accumulated Depreciation, Equipment is reported a. on the income statement as an expense. b. on the...

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