After retiring from working in the high-tech industry, Albert Forges borrowed $77,000 and started a cottage rental busin
Posted: Sun Jun 05, 2022 7:55 pm
After retiring from working in the high-tech industry, Albert
Forges borrowed $77,000 and started a cottage rental business
on June 1, 2021. The trial balance for Bramble Cottages
on August 31, 2021 is as follows:
Bramble Cottages
Unadjusted Trial Balance
August 31, 2021
Debit
Credit
Other data:
(a)
Journalize the adjusting entries on August 31 for the
three-month period June 1 to August 31. (Round
answers to 0 decimal places, e.g. 152. Credit account titles are
automatically indented when amount is entered. Do not indent
manually. If no entry is required, select "No Entry" for the
account titles and enter 0 for the amounts.)
No.
Date
Account Titles and Explanation
Debit
Credit
Aug. 31
Aug. 31
Aug. 31
Aug. 31
Aug. 31
Aug. 31
Aug. 31
Aug. 31
Forges borrowed $77,000 and started a cottage rental business
on June 1, 2021. The trial balance for Bramble Cottages
on August 31, 2021 is as follows:
Bramble Cottages
Unadjusted Trial Balance
August 31, 2021
Debit
Credit
Other data:
(a)
Journalize the adjusting entries on August 31 for the
three-month period June 1 to August 31. (Round
answers to 0 decimal places, e.g. 152. Credit account titles are
automatically indented when amount is entered. Do not indent
manually. If no entry is required, select "No Entry" for the
account titles and enter 0 for the amounts.)
No.
Date
Account Titles and Explanation
Debit
Credit
Aug. 31
Aug. 31
Aug. 31
Aug. 31
Aug. 31
Aug. 31
Aug. 31
Aug. 31