account balances adjustment for Alantic Coast Realty
Can an excellent accountant tutor help me with the journal please.
Selected account balances before adjustment for Alantic Coast Realty at July 31, 2016, the end of the current year, are as follows: Debits Credits Accounts Receivable $ 70,300 Equipment 345,500 Accumulated Depreciation— Equipment $115,400 Prepaid Rent 9,100 Supplies 3,140 Wages Payable – Unearned Fees 13,700 Fees Earned 652,200 Wages Expense 314,300 Rent Expense – Depreciation Expense – Supplies Expense – Data needed for year-end adjustments are as follows: a. Unbilled fees at July 31, $11,950. b. Supplies on hand at July 31, $890. c. Rent expired, $5,600. d. Depreciation of equipment during year, $8,750. e. Unearned fees at July 31, $2,040. f. Wages accrued but not paid at July 31, $4,680.
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Posted 10 Dec 2017 09:12 AM
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