The following accounts are from the Athletics Store worksheet dated March 31 of the current year:
The data needed for adjustments on March 31 are as follows:
a-b.Merchandise Inventory, March 31, $46,250.
c.Insurance expired for the year, $1,580.
d.Depreciation for the year, $4,230.
e.Accrued wages on January 31, $2,513.
f.Supplies used during the year $950.Instructions: (Note: use t-accounts to assist in calculation the below items.)

Question

The following accounts are from the Athletics Store worksheet dated March 31 of the current year:
  The data needed for adjustments on March 31 are as follows:
a-b.Merchandise Inventory, March 31, $46,250. 
c.Insurance expired for the year, $1,580.
d.Depreciation for the year, $4,230.
e.Accrued wages on January 31, $2,513.
f.Supplies used during the year $950.Instructions: (Note: use t-accounts to assist in calculation the below items.)

Quizplus · Accepted Answer

The Answer of The following accounts are from the Athletics Store worksheet dated March 31 of the current year:
  The data needed for adjustments on March 31 are as follows:
a-b.Merchandise Inventory, March 31, $46,250. 
c.Insurance expired for the year, $1,580.
d.Depreciation for the year, $4,230.
e.Accrued wages on January 31, $2,513.
f.Supplies used during the year $950.Instructions: (Note: use t-accounts to assist in calculation the below items.)

The Following Accounts Are from the Athletics Store Worksheet Dated