ANNUAL FINANCIAL REPORT
Transcript: BB APARTMENT To adjust the miscellaneous income still unearned. Land Accumulated Depreciation - Equipment (7) Unearned Miscellaneous Income 31 Allowance for Bad Debts BB APARTMENT 7,000.00 Accounts 25,000.00 15,000.00 10,500.00 25,000.00 2,100.00 37,100.00 November 31, 2014 December 2014 To adjust the used portion of the fixed asset. 20,000.00 5,000.00 2,100.00 200,000.00 Miscellaneous Income B. Bridges, Capital Totals (3) To adjust the office supplies still on hand. Building 35,000.00 15,000.00 Notes Receivable 1,500.00 9,250.00 Depreciation Expense - Building 5,000.00 Debit 2,000.00 Date 250.00 Depreciation Expense - Equipment 400.00 Allowance for Bad Debts 29,500.00 5,000.00 4,500.00 (5) 400.00 5,000.00 To adjust the accrued amount. Utilities Expense Notes Payable Dec. Interest Receivable Credit 2,000.00 17,000.00 Miscellaneous Income of Wages Expense Depreciation Expense-Building 7,000.00 To adjust the used portion of the fixed asset. Interest Expense Interest Income 1,500.00 500,000.00 Office Supplies 910,250.00 7,000.00 Unearned Miscellaneous Income Accounts Payable Bad Debts Expense (6) B. Bridges, Drawing Rent Income To adjust the increased allowance in bad debts. 20,000.00 (1) Office Supplies Expense 5,000.00 2,000.00 employees. ADJUSTING ENTRIES Bad Debt Expense 1,500.00 (2) Description ANNUAL FINANCIAL REPORT 400.00 7,500.00 Telephone Expense 25,000.00 Office Supplies Expense Interest Payable Debit To adjust the accrued amount worth P 350 per day for three days of two Trial Balance Wages Payable Office Supplies Wages Expense Cash Accumulated Depreciation - Equipment Interest Expense Depreciation Expense-Equipment 105,000.00 1,500.00 Interest Income Equipment BB APARTMENT Accumulated Depreciation - Building 2,900.00 Interest Payable Accounts Receivable General Journal To adjust an interest accrued on the notes receivable. Accumulated Depreciation - Building 2,100.00 Wages Payable (4) Interest Receivable 910,250.00 2014 540,000.00 2,500.00 Credit 5,000.00 200,000.00