Solution-Prepare the adjusting entries that were made

Prepare the adjusting entries that were made

Assignment Help Managerial Accounting

Reference no: EM13555531

Selected worksheet data for Nicholson Company are presented below.

Account Titles	Trial Balance		Adjusted trial Balance

Accounts Receivable	?		34000
Prepaid Insurance	26000		20000
Supplies			?
Accumulated Depreciation		12000		?
Salaries Payable		?		5000
Service Revenue		88000		97000
Insurance Expense			?
Depreciation Expense			10000
Supplies Expense			5000
Salaries Expense		?	49000

Instructions

(a) Fill in the missing amounts.

(b) Prepare the adjusting entries that were made.

Reference no: EM13555531

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Prepare the adjusting entries that were made

Reference no: EM13555531

Reference no: EM13555531

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