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INTEREST INCOME ADJUSTMENT
Lesson 25-2 INTEREST INCOME ADJUSTMENT 1 2 1. Debit Interest Receivable 2. Credit Interest Income Lesson 25-2, page 641
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UNCOLLECTIBLE ACCOUNTS EXPENSE ADJUSTMENT
1 2 1. Credit Allowance for Uncollectible Accounts 2. Debit Uncollectible Accounts Expense Lesson 25-2, page 641
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MERCHANDISE INVENTORY ADJUSTMENT
1 2 1. Debit Merchandise Inventory 2. Credit Income Summary Lesson 25-2, page 642
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SUPPLIES ADJUSTMENT 1 2 1. Credit Supplies 2. Debit Supplies Expense
Lesson 25-2, page 643
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PREPAID INSURANCE ADJUSTMENT
1 2 1. Credit Prepaid Insurance 2. Debit Insurance Expense Lesson 25-2, page 643
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DEPRECIATION EXPENSE ADJUSTMENTS
1 3 2 4 1. Credit Accumulated Depreciation—Office Equipment 2. Debit Depreciation Expense—Office Equipment 3. Credit Accumulated Depreciation—Store Equipment 4. Debit Depreciation Expense—Store Equipment Lesson 25-2, page 644
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INTEREST EXPENSE ADJUSTMENT
1 2 1. Credit Interest Payable 2. Debit Interest Expense Lesson 25-2, page 644
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