Image transcription textRequirement #4: Prepare adjusting entries using the following info… Show more… Show moreImage transcription textRequiremen

Image transcription text

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Image transcription textRequirement #4: Prepare adjusting entries using the following info… Show more… Show moreImage transcription textRequiremen
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Requirement #4: Prepare
adjusting entries using the
following infoShow more
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Image transcription text

Requirement #4 Account
Number from Chart of
Accounts DateShow more
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Image transcription text

Account Account Type Number Account Title Normal Balance Assets 111 Cash Debit 117 Store
Supplies Debit 119 Prepaid Insurance Debit 130 Merchandise Inventory Debit 144 Store
Fixtures Debit 145 Accum Dep -Fixtures Credit Liabilities 212 Accounts Payable CShow more
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During its first month of operation, Jane’s Skateboards completed the following transactions.
July Transactions Date Transaction Description July 1 Began business by making a deposit in a
company bank account of $100,000, in exchange for10,000 shares of $10 par valShow more
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