Solution-Prepare the adjusting entries that were made

Prepare the adjusting entries that were made

Reference no: EM13859212

The trial balances shown below are before and after adjustment for Bere Company at the end of its fiscal year

BERE COMPANY Trial Balance August 31, 2014
	Before Adjustment			After Adjustment
	Dr.	Cr.	Dr.	Cr.
Cash	$11,300		$11,300
Accounts Receivable	8,160		8,820
Supplies	2,700		1,460
Prepaid Insurance	4,300		2,830
Equipment	16,400		16,400
Accumulated Depreciation-Equipment		$ 3,280		$ 4,480
Accounts Payable		5,750		5,750
Salaries and Wages Payable		0		1,400
Unearned Rent Revenue		2,090		1,230
Common Stock		17,000		17,000
Retained Earnings		5,700		5,700
Dividends	2,800		2,800
Service Revenue		34,500		35,160
Rent Revenue		12,800		13,660
Salaries and Wages Expense	16,400		17,800
Supplies Expense	0		1,240
Rent Expense	19,060		19,060
Insurance Expense	0		1,470
Depreciation Expense	0		1,200
	$81,120	$81,120	$84,380	$84,380

Prepare the adjusting entries that were made. Credit account titles are automatically indented when the amount is entered. Do not indent manually.

Reference no: EM13859212

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Prepare the adjusting entries that were made

Reference no: EM13859212

Reference no: EM13859212

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