I cannot find any examples about this question on my book or anywhere else Please help.~ The following list includes selected permanent account and all of the temporary accounts from the December 31, 2008, unadjusted trial balance of Emiko Co. a business owned by Kumi Emiko. Use these account...

The Journal Entry is as of November 31 1. On October 22, a loan was issued to company XYZ for $140,000, originating November 1. The company pays interest on the loan every 6 months along with a principal repayment of $20,000, beginning May 1. What would the journal entries and adjusting journal...

Adjusting entries is something I have always done manually, is there any advantage to using an automated accounting system?

How would I journalize this adjusting entry? Invoices representing $1,000 of services performed during the month have not been recorded as of May 31. :confused:

How can I prepare necessary adjusting journal entries (a) through (e) by using the following information from the Adjustments columns of a 10-column work sheet. Interest recievable (d)$880 Office supplies ...