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ACC 290 Solutions - BE4-1, BE4-2, Do-it 4-1, and E4-10

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Description

Week 3 Solutions XACC/290

The following study guide contains detailed solutions to the problems in XACC/290 Week 3. Please see below for a breakdown of the assignment details. 

Summary of Tutorial

  • Full Solutions in Word Format
  • All work shown for problems listed below
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Tutorials Included in this Study Guide

BE4-1 and BE4-2

The ledger of Hubbard includes the following accounts. Explain why they may need an adjustment: 

Do-It 4-1

The ledger of Witzling Inc.

 

 

Debit

Credit

Prepaid Insurance

2,400

 

Supplies

2,500

 

Equipment

30,000

 

Unearned Service Revenue

 

10,000

E4-10

Adam Singh, D.D.S dental practice adjusting entries for January 31st