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-   -   Sample of adjusting entries in trial balance (https://www.askmehelpdesk.com/showthread.php?t=452565)

  • Feb 28, 2010, 01:31 AM
    ajiahhamjah
    Sample of adjusting entries in trial balance
    Prepare the relevant adjusting entries based on the information provided :

    I) The unexpired portion of advertising expenses was $800
    ii) The amount of salesmen's commissions owing at the last date if financial period was $700
    iii) $600 of the insurance expenses is meant for the next financial period
    iv) Officice mechanery repairs owed were $300
    v) There were $300 of selling expenses owing at 28th February 2009
    vi) $100 of miscellaneou expenses were yet to be used
    vii) Mortgage interest of $1500 is yet to be paid
    viii) A total od $400 of interest on bank loan is still unpaid
    Ix) as at 2th February 2009, RM200 of bank interest revenue was earned but yet to be received
  • Feb 28, 2010, 01:57 AM
    morgaine300

    Please see the guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

    Beginning adjusting entries take up an entire chapter, so t'would be difficult to just give some hints. You either need to show us your attempts at the problem or ask specific questions about what you don't understand.

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