[kluyste1]

Hello,
This is my first time using this site. I need help with my accounting class making adjustments. I have attached the adjusting information and below the information is my attempt at the adjusting entries. Any help would be greatly appreciated. I was hoping my professor would e-mail me back by today but has not and this is due tomorrow. Thanks again in advanced.

[Just Looking]

1. Correct

2. The entry has the right dr and cr accounts. There is no info to verify the amount. Was there an existing amount in the allowance of doubtful accounts?

3. Accounts used are correct.

4. Correct

5. The depreciation expense for a month is correct. Can you tell if they had depreciated the assets for the first 11 months of the year? I'm assuming you are going by the statement that they are calculated to the nearest whole month, but that means something different to me. If you have an Income Statement or trial balance through 11/30/07, you would see deprecation expense on it.

6. Correct

7. Correct

8. Accounts used are correct. I don't have info to check amount.

9a. No entry needed.
9b. Accounts are good. Don't have info to check amount, but be sure you notice the dates you are accruing for.

10. Don't have the info to check this entry. If you are closing out all the Purchase accounts and adjusting Inventory to actual, you are doing this correctly.