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Financial Accounting Transactions

Financial Accounting Transactions

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Published by ClassOf1.com
"1.Prepare journal entries to record the October transactions in the General Journal below.
2.Post the October journal entries to the following T-Accounts and compute ending balances.
3.Prepare a trial balance for October.
4.Prepare adjusting entries using the following information in the General Journal below. Show your calculations!
a) One month's insurance has expired.
b) The remaining inventory of repair supplies is $194.
c) The estimated depreciation on repair equipment is $70.
d) The estimated income taxes are $40.
Post the adjusting entries to the General Ledger T-accounts and compute adjusted balances. Just add to the balances that are already listed.
"
"1.Prepare journal entries to record the October transactions in the General Journal below.
2.Post the October journal entries to the following T-Accounts and compute ending balances.
3.Prepare a trial balance for October.
4.Prepare adjusting entries using the following information in the General Journal below. Show your calculations!
a) One month's insurance has expired.
b) The remaining inventory of repair supplies is $194.
c) The estimated depreciation on repair equipment is $70.
d) The estimated income taxes are $40.
Post the adjusting entries to the General Ledger T-accounts and compute adjusted balances. Just add to the balances that are already listed.
"

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Categories:Types, School Work
Published by: ClassOf1.com on Jan 29, 2013
Copyright:Attribution Non-commercial
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07/04/2013

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