Looking for a similar answer, essay, or assessment help services?

Simply fill out the order form with your paper’s instructions in a few easy steps. This quick process ensures you’ll be matched with an expert writer who
Can meet your papers' specific grading rubric needs. Find the best write my essay assistance for your assignments- Affordable, plagiarism-free, and on time!

Posted: November 4th, 2022

Preparing and posting adjusting journal entries

Preparing and posting adjusting journal entries; preparing an adjusted trial balance and financial statements. The trial balance of Concord Bed and Breakfast Corporation at December 31, 2012, and the data needed for the month-end adjustments follow.CONCORD BED AND BREAKFAST CORPORATIONTrial BalanceDecember 31, 2012AccountDebitCreditCash$ 12,000Accounts receivable14,400Prepaid insurance2,800Supplies1,400Building435,000Accumulated depreciation$310,500Accounts payable1,930Salary payableUnearned service revenue3,000Common stock122,000Retained earnings19,060Dividends2,940Service revenue15,700Salary expense2,800Insurance expenseDepreciation expenseAdvertising expense850Supplies expenseTotal$472,190$472,190Adjustment data at December 31 follow:Prepaid insurance still in force, $900.Supplies used during the month, $500.Depreciation for the month, $1,000.Accrued salary expense, $300.Unearned service revenue still unearned, $1,500.Requirements1. Journalize the adjusting entries.2. The unadjusted balances have been entered for you in the general ledger accounts. Post the adjusting entries to the ledger accounts.3. Prepare the adjusted trial balance.4. Prepare the income statement, statement of retained earnings, and balance sheet for the business for the month ended December 31, 2012.

Tags: Ace My Homework: Essay Help, Assignment Help: USA's #1 Online Assignment Writing Service, Do My Assignment for Me Online - Write Academic Papers, Reliable Online Homework Help For You

Order|Paper Discounts

Why Choose Essay Bishops?

You Want The Best Grades and That’s What We Deliver

Top Essay Writers

Our top essay writers are handpicked for their degree qualification, talent and freelance know-how. Each one brings deep expertise in their chosen subjects and a solid track record in academic writing.

Affordable Prices

We offer the lowest possible pricing for each research paper while still providing the best writers;no compromise on quality. Our costs are fair and reasonable to college students compared to other custom writing services.

100% Plagiarism-Free

You’ll never get a paper from us with plagiarism or that robotic AI feel. We carefully research, write, cite and check every final draft before sending it your way.