Answer Happy

Prepare the adjusting journal entries from the following items
on the Pedersen Company worksheet.
ADJUSTMENTS
Debit Credit
Interest Receivable (a) 5
Cost of Goods Sold (c) 4
Supplies on Hand

(b) 2
Rental Fees Earned

(d) 7
Interest Income

(a) 5
Supplies
Expense

(b) 2
Inventory

(c) 4
Unearned Rental Fees d) 7
Prepare the adjusting journal entries from the following items
on the Pedersen Company worksheet.