Use the following information to complete the partial worksheet for Bill's Company. Record the appropriate adjusting entries using the data below and extend the balances over to the adjusted trial balance columns. Merchandise Inventory - physical count $10 Store supplies on hand 3 Depreciation on store equipment 2 Accrued salaries 1

bill`s commpany partial worsheet for the year of ended december 31, 2020

account titles trial balance adjustments adjusted trial balance

debit credit debit credit debit credit

merchandies inv. 11

store supplies 10

store equipment 20

accum. depn. store equip. 6

salaries payable

salaries expense 10

cost of goods sold 9

deprecianation expense

store suplies exp.

Question

Use the following information to complete the partial worksheet for Bill's Company. Record the appropriate adjusting entries using the data below and extend the balances over to the adjusted trial balance columns.
Merchandise Inventory - physical count    $10
Store supplies on hand    3
Depreciation on store equipment    2
Accrued salaries    1

bill`s commpany partial worsheet for the year of ended december 31, 2020
account titles	trial balance		adjustments		adjusted trial balance
	debit	credit	debit	credit	debit	credit
merchandies inv.	11
store supplies	10
store equipment	20
accum. depn. store equip.		6
salaries payable
salaries expense	10
cost of goods sold	9
deprecianation expense
store suplies exp.

Quizplus · Accepted Answer

The Answer of Use the following information to complete the partial worksheet for Bill's Company. Record the appropriate adjusting entries using the data below and extend the balances over to the adjusted trial balance columns. Merchandise Inventory - physical count $10 Store supplies on hand 3 Depreciation on store equipment 2 Accrued salaries 1

bill`s commpany partial worsheet for the year of ended december 31, 2020
account titles	trial balance		adjustments		adjusted trial balance
	debit	credit	debit	credit	debit	credit
merchandies inv.	11
store supplies	10
store equipment	20
accum. depn. store equip.		6
salaries payable
salaries expense	10
cost of goods sold	9
deprecianation expense
store suplies exp.

Use the Following Information to Complete the Partial Worksheet for Bill's