The document provides instructions and examples for preparing adjusting journal entries for various accounting transactions at Pioneer Advertising.
1. It shows 7 adjusting entries made on October 31 to record supplies used, expired insurance, depreciation, unearned service revenue, unbilled services, accrued interest, and accrued salaries.
2. It provides questions to analyze account balances from an adjusted trial balance, determining beginning supplies, insurance purchase date, and salaries payable at year-end.
3. The responses show supplies beginning balance calculation, determining insurance was purchased on August 1 based on prepaid amount, and salaries payable at December 31, 2019.
The document provides instructions and examples for preparing adjusting journal entries for various accounting transactions at Pioneer Advertising.
1. It shows 7 adjusting entries made on October 31 to record supplies used, expired insurance, depreciation, unearned service revenue, unbilled services, accrued interest, and accrued salaries.
2. It provides questions to analyze account balances from an adjusted trial balance, determining beginning supplies, insurance purchase date, and salaries payable at year-end.
3. The responses show supplies beginning balance calculation, determining insurance was purchased on August 1 based on prepaid amount, and salaries payable at December 31, 2019.
The document provides instructions and examples for preparing adjusting journal entries for various accounting transactions at Pioneer Advertising.
1. It shows 7 adjusting entries made on October 31 to record supplies used, expired insurance, depreciation, unearned service revenue, unbilled services, accrued interest, and accrued salaries.
2. It provides questions to analyze account balances from an adjusted trial balance, determining beginning supplies, insurance purchase date, and salaries payable at year-end.
3. The responses show supplies beginning balance calculation, determining insurance was purchased on August 1 based on prepaid amount, and salaries payable at December 31, 2019.
The document provides instructions and examples for preparing adjusting journal entries for various accounting transactions at Pioneer Advertising.
1. It shows 7 adjusting entries made on October 31 to record supplies used, expired insurance, depreciation, unearned service revenue, unbilled services, accrued interest, and accrued salaries.
2. It provides questions to analyze account balances from an adjusted trial balance, determining beginning supplies, insurance purchase date, and salaries payable at year-end.
3. The responses show supplies beginning balance calculation, determining insurance was purchased on August 1 based on prepaid amount, and salaries payable at December 31, 2019.
