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Adjusting Entries and Closing Entries Part 1

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Uploaded by on Aug 19, 2010

This is part 1 of an exercise that is intended to walk you through how to book adjusting and closing entries. A blank copy of the exercise is available by visiting http://www.evergreen.loyola.edu/~ktrich Note that it may be useful to download both the regular template as well as the T-account template.

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Education

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Uploader Comments (LoyolaAC201)

  • you forgot to add the supple expense on the t acount

  • @AyOChickO - It looks like you are right! Luckily, the journal entry was correct, and it was only a problem with the t-account. Thanks for pointing this out.

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  • very very good explanations

    are you a teacher in school?

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