Homework Clinic

Social Science Clinic => Accounting => Topic started by: savannahhooper on Nov 11, 2019

Title: Prepare the adjusting journal entries from the following items on the Pedersen Company ...
Post by: savannahhooper on Nov 11, 2019

Prepare the adjusting journal entries from the following items on the Pedersen Company worksheet.

ADJUSTMENTS

Debit

Credit

Interest Receivable

(a) 5

Merchandise Inventory

(c) 4

(d) 7

Supplies on Hand

(b) 2

Interest Income

(a) 5

Supplies Expense

(b) 2

Income Summary

(d) 7

(c) 4

Title: Prepare the adjusting journal entries from the following items on the Pedersen Company ...
Post by: Sierray on Nov 11, 2019

(a) Interest Receivable

5

Interest Income

5

(b) Supplies Expense

2

Supplies on Hand

2

(c) Merchandise Inventory

4

Income Summary

4

(d) Income Summary

7

Merchandise Inventory

7