How to prepare the reversing entries from the adjusting

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Reference no: EM13481868

How to prepare the reversing entries from the adjusting entries as follows and tranferrer to the ledger ?

Advertising expenses prepaid	800
Advertising expenses	800

Salesmen's commissions	700
Salesmen's commissions accrued	700

Insurance expenses	600
Insurance expenses prepaid	600

Office machinery repairs	300
Office machinery repairs owing	300

Selling Expenses	300
Selling expenses accrued	300

Miscellaneous Expenses in advance	100
Miscellaneous expenses	100

Mortgage Interest Expenses	1,500
Mortgage Interest owing	1,500

Interest on bank loan	400
Interest on bank loan owing	400

Bank Interest Revenue accrued	200
Bank Interest Revenue	200

Reference no: EM13481868

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