At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Our Q&A platform provides quick and trustworthy answers to your questions from experienced professionals in different areas of expertise. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.
Sagot :
Answer:
Dr Advertising Supplies Expense 4,700
Cr Advertising Supplies 4,700
T ACCOUNTS
ADVERTISING SUPPLIES
DR SIDE
Dr 8,000
Dr 12/31 Balance 3,300
CR SIDE
Cr 12/31 4,700
ADVERTISING SUPPLIES EXPENSE
DR SIDE
Dr 12/31 4,700
Explanation:
Preparation of the adjusting entry at December 31
December 31
Dr Advertising Supplies Expense 4,700
Cr Advertising Supplies 4,700
(8,000-3,300)
Preparation of the T ACCOUNTS
ADVERTISING SUPPLIES
DR SIDE
Dr 8,000
Dr 12/31 Balance 3,300
CR SIDE
Cr 12/31 4,700
ADVERTISING SUPPLIES EXPENSE
DR SIDE
Dr 12/31 4,700
Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.