Question & Answer: Journalize the five entries that adju…..

October 31, 2016 Unadjusted Adjusted Debit Debit Balances Balances Balances Balances 16 38 12 20 26 40 Cash 16 Accounts Recelvable. Supplies.. Prepaid Insurance... Land 10 26 40 Equipment. Accumulated Depreciation-Equipment Accounts Payable 12 26 26 20 72 20 72 Retained Earnings Dividends 74 80 24 26 Rent Expense 12 Utilities Expense . Supplies Expense... Miscellaneous Expense 200 200 212 212 Journalize the five entries that adjusted the accounts at October 31, 2016. None of the accounts were affected by more than one adjusting entry.

Journalize the five entries that adjusted the accounts at October 31, 2016. None of the accounts were affected by more than one adjusting entry.

Expert Answer

 

Adjustment entries of american lift company as at October 31,2016. :-

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