LESSON 16-1 Recording Adjusting Entries

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Presentation transcript:

LESSON 16-1 Recording Adjusting Entries 5/12/2019 LESSON 16-1 Recording Adjusting Entries GREEN

ADJUSTING ENTRIES RECORDED FROM A WORK SHEET LESSON 16-1 5/12/2019 ADJUSTING ENTRIES RECORDED FROM A WORK SHEET page 480 1. Heading 2. Date 3 3. Identify the first adjustment 4. Account debited 5. Debit 6. Account credited 7. Credit 8. Continue down the Adjustments columns 2 1 4 6 5 7 LESSON 16-1 GREEN

ADJUSTING ENTRY FOR ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS page 482 LESSON 16-1

ADJUSTING ENTRY FOR MERCHANDISE INVENTORY page 482 LESSON 16-1

ADJUSTING ENTRY FOR SUPPLIES—OFFICE page 483 LESSON 16-1

ADJUSTING ENTRY FOR SUPPLIES—STORE page 483 LESSON 16-1

ADJUSTING ENTRY FOR PREPAID INSURANCE page 484 LESSON 16-1

ADJUSTING ENTRY FOR DEPRECIATION—OFFICE EQUIPMENT page 484 LESSON 16-1

ADJUSTING ENTRY FOR DEPRECIATION—STORE EQUIPMENT page 485 LESSON 16-1

ADJUSTING ENTRY FOR FEDERAL INCOME TAXES page 485 LESSON 16-1