Problem Continues Daniels Consulting Situation Problem P2 41 Chapter 2 Need Use Unadjusted Q17768146

This problem continues the Daniels Consulting situation from problem P2-41 of Chapter 2. You will need or use the unadjusted trial balance and posted T-accounts that you prepared in problem P2-41.The unadjusted trial balance at December 31, 2016, is duplicated below: At December 31, the business gathers the following information for the adjusting entries: Accrued service revenue, $1, 500. Earned $600 of the service revenue collected in advance on December 21. Office supplies on hand, $300. Depredation on equipment, $60; Depreciation on furniture, $50. Accrued $685 expense for administrative assistant alary. Requirements Journalize and post the adjusting entries using the T-accounts that you completed in problem P2-41 .In the T-accounts, denote each adjusting amount as Adj and is account as Balance. Prepare an adjusted trial balance as of December 31, 2016Show transcribed image text This problem continues the Daniels Consulting situation from problem P2-41 of Chapter 2. You will need or use the unadjusted trial balance and posted T-accounts that you prepared in problem P2-41.The unadjusted trial balance at December 31, 2016, is duplicated below: At December 31, the business gathers the following information for the adjusting entries: Accrued service revenue, $1, 500. Earned $600 of the service revenue collected in advance on December 21. Office supplies on hand, $300. Depredation on equipment, $60; Depreciation on furniture, $50. Accrued $685 expense for administrative assistant alary. Requirements Journalize and post the adjusting entries using the T-accounts that you completed in problem P2-41 .In the T-accounts, denote each adjusting amount as Adj and is account as Balance. Prepare an adjusted trial balance as of December 31, 2016
 
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