1 Attachment(s)
Worksheet Adjustments Corrections
Hi! We have tried and tried and we came up with this, I know some of the entries are incorrect and some we can't get out, please someone help us. This is as far as we can reach. Please show the calculations: confused:
Enter the prepaid, inventory and accrual adjustments, extend the adjusted balances to the adjusted trial balance, income statement, & balance sheet, compute the net profit.
A.. Bad Debt Expenses--$118... E.. . Depreciation Expense
B.. March 31,2009 Physical Inventory... Store Equipment--$1,350
Merchandise --$21,056... Office equipment--738
Store Supplies--1,136... Building--8,122
Office Supplies--492
C.. Insurance Expense... F.. Payroll Tax Expenses for end of the period
Store--$753... Store--$43
Office--441... Office--42
D.. Property tax Expense... G.. Payroll Expenses for the end of the period
Store 1,356... Store--$570
Office--486... Office--319