company's first three months.
a The December inventory count of computer supplies shows $ still available.
b Three months have expired since the month insurance premium was paid in advance.
c As of December Lyn Addie has not been paid for four days of work at $ per day.
d The computer system, acquired on October is expected to have a fouryear life with no salvage value.
e The office equipment, acquired on October is expected to have a fiveyear life with no salvage value.
f Three of the four months' prepaid rent have expired.
Requlred:
Prepare journal entries to record each of the December transactions and events for Business Solutions.
a Prepare adjusting entries to reflect a through
b Post the journal entries to record each of the December transactions, adjusting entries to the accounts in the ledger.
Prepare an adjusted trial balance as of December
Complete this question by entering your answers in the tabs below.
Prepare adjusting entries to reflect a through
Note: If no entry is required for a transactionevent select No journal entry required" in the first account field.
Journal entry worksheet
The December inventory count of computer supplies shows $ still
available.
Note: Enter debits before credits.