On December 31, 2011, the unadjusted trial balance for Tim's Ware, Inc shows Prepaid rent of 1,200. This represents the amount the company paid in August for a one-year lease effective September 1, 2011.
Tim's Ware does not prepare monthly financial statements, so it makes adjusting entries only once a year. Prepare the adjusting journal entry at December 31, 2011.
Date Transaction Debit Credit
Question 2
To prove the equality of the debit and credit balances in the general ledger accounts after the closing entries have been journalized and posted, prepare the
a. balance sheet.
b. income statement.
c. adjustments.
d. post-closing trial balance.
The salivary glands, parotid, sublingual, and submandibular. This image shows the position of each g
Cervical cancer (a) Top view of the uterus showing the presence of a tumor in the wall of the cervix
Renal regulation of sodium and potassium balance
The posted octane rating in most high-altitude areas shows regular at 85 instead of the usual 87.
Sodium’s chief role is regulation of fluid balance
Graph shows the living arrangements of Canadian seniors