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activaty 5- general journal, general ledger, and adjusted trail balance

Sheet 3 Sheet 4 Sheet 5 Adjusting Entry Transactions Unadjusted Trial Balance THE ACCOUNTING CYCLE - ADJUSTING - ACTIVITY 5 de Below are a list of transactions for Company R, that need to be completed as the adjusting entries for the fiscal period, ending on June 30 20X9. Transactions Date June - 30 - 20X9 June - 30 - 20X9 June - 30 - 20X9 June - 30 - 20X9 June 30 20X9 June 30 20X9 June - 30 - 20X9 June-31) - 20X9 June - 10 - 20X9 June-30-20X9 June 30 20X9 June - 20 - 20X9 Description Accounting error realized: 850,000 in a cash payment towards salaries expense was recorded as $5,000 Close the inventory expense accounts for the fiscal period, ending inventory counted at $460,100, 5% of accounts receivable are declared uncollectable. Land previously valued at $1,000,000 sold for a profit of $400,000, Utilities due for the month, in the total of 54.550 All of the office supplies were used up during the fiscal year. Building depreciated by 10% of current net book value. Rent revenue of S125,000 is collected in advance, but is not due until the next fiscal period, Interest on long-term investments collected at 4,2% Interest revenue on accounts receivable is owed at the end of this fiscal period, for 52,370, Average income tax rate calculated at 42% on $2,665,620, Dividends of $350.000 declared and to be paid out in the next fiscal year Sheet 3 Sheet 4 Sheet 5 Adjusting Entry Transactions Unadjusted Trial Balance THE ACCOUNTING CYCLE - ADJUSTING - ACTIVITY 5 de Below are a list of transactions for Company R, that need to be completed as the adjusting entries for the fiscal period, ending on June 30 20X9. Transactions Date June - 30 - 20X9 June - 30 - 20X9 June - 30 - 20X9 June - 30 - 20X9 June 30 20X9 June 30 20X9 June - 30 - 20X9 June-31) - 20X9 June - 10 - 20X9 June-30-20X9 June 30 20X9 June - 20 - 20X9 Description Accounting error realized: 850,000 in a cash payment towards salaries expense was recorded as $5,000 Close the inventory expense accounts for the fiscal period, ending inventory counted at $460,100, 5% of accounts receivable are declared uncollectable. Land previously valued at $1,000,000 sold for a profit of $400,000, Utilities due for the month, in the total of 54.550 All of the office supplies were used up during the fiscal year. Building depreciated by 10% of current net book value. Rent revenue of S125,000 is collected in advance, but is not due until the next fiscal period, Interest on long-term investments collected at 4,2% Interest revenue on accounts receivable is owed at the end of this fiscal period, for 52,370, Average income tax rate calculated at 42% on $2,665,620, Dividends of $350.000 declared and to be paid out in the next fiscal year

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