90.2K

Verified Solution

Link Copied!

Hello I need help with this question please show work and answers thanks so much !

Please show me what to do and prepare adjustment entries for each of the five adjustments shown in problem 1

TEST 2 ACCOUNTING 1. The Adjusted Trial Balance of Bade Cleaning Service is entered on the partial work shet below. Complete the work sheet by extending th statement columns and by entering the amount of net income for the reporting period: e account balances into the appropriate financial Bade Cleaning Service Work Shect For the year ended December 31 Balance Sheet and Unadjusted Trial Adjusted Trial Income Statement Statement of Owner's Account Balance 0 Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 8,000 Automobiles Accum. Depr.- Autos.. Unearned fees 85,000 15,000 B, Kleen, Withdrawals Fees earned 400 125,000 129,000 5,000 Totals Net income Totals 2. Prepare adjusting entries for the each of the five adjustments shown in Prpblem 1. TEST 2 ACCOUNTING 1. The Adjusted Trial Balance of Bade Cleaning Service is entered on the partial work shet below. Complete the work sheet by extending th statement columns and by entering the amount of net income for the reporting period: e account balances into the appropriate financial Bade Cleaning Service Work Shect For the year ended December 31 Balance Sheet and Unadjusted Trial Adjusted Trial Income Statement Statement of Owner's Account Balance 0 Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 8,000 Automobiles Accum. Depr.- Autos.. Unearned fees 85,000 15,000 B, Kleen, Withdrawals Fees earned 400 125,000 129,000 5,000 Totals Net income Totals 2. Prepare adjusting entries for the each of the five adjustments shown in Prpblem 1

Answer & Explanation Solved by verified expert

See Answer