Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
5-73
123.
Adjustments and closing process-basic entries
Selected ledger accounts used by Speedy Truck Rentals Inc., are listed along with
identifying numbers. Following this list of account numbers and titles in a series of
transactions, you are required to indicate the proper accounts to be debited and credited
for each transaction.
124.
The accounts and their amounts for Belgrave Co. at December 31, 20__ are listed below.
Prepare closing entries and an After-Closing Trial Balance.
5-78
125.
Inserting missing data into a worksheet
Certain data are given on the worksheet below, and certain missing data are indicated by
the blank lines. Sufficient information is included to fill in the missing data. Each account
has a debit or credit balance characteristically normal for that kind of account. Note that
the dollar amounts have been reduced to figures of not more than three digits to simplify
the arithmetic.
Insert the figures necessary to complete the worksheet in the blanks indicated by an
underline. The lines cover both debit and credit columns; be sure to insert the missing
figures in the correct column of the blank line.
5-80
126.
Completion of worksheet--missing data
Certain data are given on the worksheet below, and certain missing data are indicated by
the blank boxes. Sufficient information is included to fill in the missing data. Each account
has a debit or credit balance characteristically normal for that kind of account. Note that
the dollar amounts have been reduced to figures of not more than three digits to simplify
the arithmetic.
Insert the figures necessary to complete the worksheet in the blanks indicated by an
underline. The boxes cover both debit and credit columns; be sure to insert the missing
figures in the correct column of the box.
