1. LESSON 16-1 Recording Adjusting Entries
6/26/2018
LESSON 16-1
Recording Adjusting Entries

2. ADJUSTING ENTRIES RECORDED FROM A WORK SHEET
page 481
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

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

4. ADJUSTING ENTRY FOR MERCHANDISE INVENTORY
page 482
LESSON 16-1

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

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

7. ADJUSTING ENTRY FOR PREPAID INSURANCE
page 484
LESSON 16-1

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

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

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