the unadjusted trial balance and adjustment data of mildred motors at december 31 2016 follow

Need your ASSIGNMENT done? Use our paper writing service to score better and meet your deadlines.

Order a Similar Paper Order a Different Paper

Adjustment data at December 31, 2016:
a. Depreciation on equipment, $1,900.
b. Accrued Wages Expense, $800.
c. Office Supplies on hand, $600.
d. Prepaid Insurance expired during December, $200.
e. Unearned Revenue earned during December, $4,000.
f. Accrued Service Revenue, $700.
2017 transactions:
a. On January 4, Mildreds Motors paid wages of $1,200. Of this, $800 related to the accrued wages recorded on December 31.
b. On January 10, Mildreds Motors received $1,300 for Service Revenue. Of this, $700 is related to the accrued Service Revenue recorded on December 31.
1. Journalize adjusting entries.
2. Journalize reversing entries for the appropriate adjusting entries.
3. Refer to the 2017 data. Journalize the cash payment and the cash receipt that occurred in 2017.

"Is this question part of your assignment? We can help"


Do you need help with this or a different assignment? We offer CONFIDENTIAL, ORIGINAL (Turnitin/LopesWrite/SafeAssign checks), and PRIVATE services using latest (within 5 years) peer-reviewed articles. Kindly click on ORDER NOW to receive an A++ paper from our masters- and PhD writers.

Get a 15% discount on your order using the following coupon code SAVE15

Order a Similar Paper Order a Different Paper