END-OF-PERIOD SPREADSHEET, ADJUSTING, CLOSING, AND REVERSING ENTRIES Vicki’s Fabric Store shows the trial balance on page 601 as of December 31, 20-1.
At the end of the year, the following adjustments need to be made:
(a, b) Merchandise inventory as of December 31, $31,600.
(c, d, e) Vicki estimates that customers will be granted $2,500 in refunds of this year’s sales next year and the merchandise expected to be returned will have a cost of $1,800.
(f) Unused supplies on hand, $350.
(g) Insurance expired, $2,400.
(h) Depreciation expense for the year on building, $20,000.
(i) Depreciation expense for the year on equipment, $4,000.
(j) Wages earned but not paid (Wages Payable), $520.
(k) Unearned revenue on December 31, 20-1, $1,200.
PROBLEM 15-10A CONT.
REQUIRED
Financial & Managerial Accounting
Corporate Financial Accounting
Financial And Managerial Accounting
Accounting Information Systems
Financial Accounting
Foundations of Business (MindTap Course List)
STATISTICS F/BUSINESS+ECONOMICS-TEXT
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Principles of Macroeconomics (MindTap Course List)
Essentials of Business Communication (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
Management, Loose-Leaf Version
Principles of Microeconomics (MindTap Course List)
Principles of Economics (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Contemporary Marketing
Essentials of Economics (MindTap Course List)
Accounting Information Systems
Financial Accounting
Intermediate Accounting: Reporting And Analysis
College Accounting (Book Only): A Career Approach
Managerial Accounting: The Cornerstone of Business Decision-Making
Financial & Managerial Accounting
MKTG 12:STUDENT ED.-TEXT
Accounting (Text Only)
College Accounting (Book Only): A Career Approach
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Pkg Acc Infor Systems MS VISIO CD
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
Exploring Economics
Statistics for Business & Economics, Revised (MindTap Course List)
Corporate Financial Accounting
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Survey of Accounting (Accounting I)
Purchasing and Supply Chain Management
Microeconomics
Macroeconomics
Economics (MindTap Course List)
Practical Management Science
Economics For Today
Cornerstones of Cost Management (Cornerstones Series)
Managerial Accounting
Cornerstones of Financial Accounting
Macroeconomics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
MACROECONOMICS FOR TODAY
Micro Economics For Today
Microeconomics: Private and Public Choice (MindTap Course List)
Principles of Microeconomics
Understanding Management (MindTap Course List)