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Analyze the adjustments and enter on the work sheet

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Reference no: EM132465595

Adjustments and Work Sheet Showing a Net Loss

Jason Armstrong started a business called Campus Delivery Service. Complete the adjustments for the trial balance after one month of operation for Campus Delivery Service as of November 30, 20--.

Required:

Question 1. Analyze the following adjustments and enter them on the work sheet.

  1. Ending inventory of supplies on November 30, $185.
  2. Unexpired (remaining) insurance as of November 30, $800.
  3. Depreciation expense on van, $300.
  4. Wages earned but not paid as of November 30, $190.

Question 2. Complete the work sheet. If an amount box does not require an entry, leave it blank.

Campus Delver/ Seryle Work Sheet (Partlan  For Mann Ended November 30, 20)

 

 

TM WM

MEWS

 

MMIT MU

OM

OM

OM

OM

1

Cash

9

8 0 00

 

 

 

 

 

 

 

 

1

2

Accounts Receivable

5

9 000

 

 

 

 

 

 

 

 

2

3

Supplies

S

7 5 00

 

 

 

 

 

 

 

 

3

4

Prolukt inuiranro

1    3

0 0 00

 

 

 

 

 

 

 

 

4

5

Van

5 8

0 0 00

 

 

 

 

 

 

 

 

5

6

Accum. Dept -Van

 

 

 

 

 

 

 

 

 

 

6

7

Accounts Payable

 

 

 

9 6 0

00

 

 

 

 

 

7

8

Wages Payable

 

 

 

 

 

 

 

 

 

 

8

9

Jason Annstrong, Capital

 

 

10

0 0 0

00

 

 

 

 

 

9

10

Jason Armstrong, Drawing

6

0 0 00

 

 

 

 

 

 

 

 

10

11

Detre" Fees

 

 

2

6 0 0

00

 

 

 

 

 

11

12

Wages Expense

1 8

0 0 00

 

 

 

 

 

 

 

 

12

13

klextising Exams*

3

8 0 00

 

 

 

 

 

 

 

 

13

14

Rent Expense

9

0 0 00

 

 

 

 

 

 

 

 

14

IS

Supplies Expense

 

 

 

 

 

 

 

 

 

 

15

16

Tekophone Expense

2

2 0 00

 

 

 

 

 

 

 

 

16

17

Insinixe Bperse

 

 

 

 

 

 

 

 

 

 

17

18

Wall Expense

3

1 S 00

 

 

 

 

 

 

 

 

18

19

011 and Gas Expense

1

0 0 00

 

 

 

 

 

 

 

 

19

20

Depi. bpense-van

 

 

 

 

 

 

 

 

 

 

20

21

 

13              5

6 0 00

1 13

56000

 

 

 

 

 

 

21

 

 

 

 

 

 

 

 

 

 

 

 

 

Reference no: EM132465595

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