The question in the pictures. Thank you for your help! Journalize Adjusting Entries for a Merchandising BusinessThe following partial spreadsheet is taken from the books of Vinnie's Vegetable Market, for the year ended December 31, 20--.Vinnie's Vegetable MarketEnd-of-Period Spreadsheet (Partial)For Year Ended December 31, 20--TRIAL BALANCEADJUSTMENTSACCOUNT TITLEDEBITCREDITDEBITCREDITMerchandise Inventory47,000.00(b) 49,000.00(a) 47,000.00Supplies12,000.00(d) 6,900.00Building72,000.00Accum. Depr.-Building18,000.00(e) 6,000.00Wages Payable(f) 1,200.00Unearned Membership Fees4,000.00(c) 3,000.00Income Summary(a) 47,000.00(b) 49,000.00Membership Fees21,000.00(с) 3,000.00Wages Expense37,000.00(f) 1,200.00Supplies Expense(d) 6,900.00Depr. Expense-Building(e) 6,000.00113,100.00113,100.00 DOC. POST.DATEACCOUNT TITLEDEBITCREDITNO.REF.20--1Dec. 31134Dec. 314556.7Dec. 31788.99.10 Dec. 31101111121213 Dec. 31131414151516 Dec. 31161717000000

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Answered: Journalize Adjusting Entries for a…

Business

Accounting

Journalize Adjusting Entries for a Merchandising Business

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

The question in the pictures. Thank you for your help!

Journalize Adjusting Entries for a Merchandising Business
The following partial spreadsheet is taken from the books of Vinnie's Vegetable Market, for the year ended December 31, 20--.
Vinnie's Vegetable Market
End-of-Period Spreadsheet (Partial)
For Year Ended December 31, 20--
TRIAL BALANCE
ADJUSTMENTS
ACCOUNT TITLE
DEBIT
CREDIT
DEBIT
CREDIT
Merchandise Inventory
47,000.00
(b) 49,000.00
(a) 47,000.00
Supplies
12,000.00
(d) 6,900.00
Building
72,000.00
Accum. Depr.-Building
18,000.00
(e) 6,000.00
Wages Payable
(f) 1,200.00
Unearned Membership Fees
4,000.00
(c) 3,000.00
Income Summary
(a) 47,000.00
(b) 49,000.00
Membership Fees
21,000.00
(с) 3,000.00
Wages Expense
37,000.00
(f) 1,200.00
Supplies Expense
(d) 6,900.00
Depr. Expense-Building
(e) 6,000.00
113,100.00
113,100.00

DOC. POST.
DATE
ACCOUNT TITLE
DEBIT
CREDIT
NO.
REF.
20--
1
Dec. 31
1
3
4
Dec. 31
4
5
5
6.
7
Dec. 31
7
8
8.
9
9.
10 Dec. 31
10
11
11
12
12
13 Dec. 31
13
14
14
15
15
16 Dec. 31
16
17
17
00
00
00

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