Part 2 Journal entries- A partially completed worksheet for At Home Pet Grooming

Question

Part 2 Journal entries- A partially completed worksheet for At Home Pet Grooming Service, a firm that grooms pets at the owner’s home, follows.

Question 1- Windows Photo Viewer File PrintE-l Burn Open Reference & Cit At Home Pet G 9 Worksheet Month Ended Dec Trial Balance Adjustments Account Name Debit Credit Debit Credit S 32,050 Hint: Be s Accounts receivable Supplies Prepaid advertising Equipment Accumulated depreciation Equipment Accounts payable Shara Johns, Capital Shara Johns, Drawing Fees income Salaries expense Utilities expense Supplies expense Advertising expense Depreciation expense-Equipment Totals Net income 2,100 1,900 6,000 4,000 r the month 6,000 45,500 3,000 26,600 5,800 2.100 1,900 S 78,100 78,100 S 4,5804,580 Record the adjusting entry for supplies Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2019 Record entry Clear entry View general journal

Explanation / Answer

Req 2: Adjusting entries: Date Accounts title and explanations Debit $ Credit $ Dec 31,19 Supplies expense Dr. 3900      Supplies 3900 31-Dec Advertising Expense Dr. 1900      Prepaid advertisement 1900 31-Dec Depreciation expense Dr. 580        Accumulated depreciation 580 31-Dec Fees income Dr. 26600     Income summary 26600 31-Dec Income Summary Dr. 11180     salaries expensse 5800     Utilities expense 800     Supplies expenese 2100     Advertisement expense 1900    Depreciation expense 580 31-Dec Income Summary dr. 15420       Shara Johns capital 15420 31-Dec Shara Johns Capital   Dr. 3000       Shara Johns Drawings 3000

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