Ending balances from Nov. 30 Cash 7200 Marketable securities 4000 Accounts recievable 4285 Notes receivable 2500 Prepaid insurance 2700 Prepaid rent 100 Office supplies 275 Accounting supplies ...

At the end of year $2,200 of the previously recorded $4,800 Rental Income has not been earned. What is the second account I'm touching (besides Unearned Rental Income.

If someone could help me figure this out I would greatly appreciate it! I am horrible with this subject!! I know its probably elementary accounting.. But I am lost nonetheless. Q: Prepare entries for the following transactions under the method that records prepaid expenses as expenses and...

If anyone can shed any light on where I am going wrong, I would be very grateful! I have prepared this adjusted trial balance, but when I prepare an Income statement I cannot get the correct net income amount of $4,400 Adjusted Trial Balance May 31, 2006 Cash $2,500 ...