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    Year-End Journal Entry Adjustments

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    Journal Entry Adjustments - Al Gerome's Services Example

    Please adjust the following entries:

    Data for the year-end adjustments for Al Gerome's Courier Services are as follows:

    1). Insurance expired during the year ($950.00)
    2). Depreciation of equipment for the year ($9,860.00)
    3). Salaries accrued at December 31 ($5,100.00)
    4). Supplies used and not recorded against Supplies account ($1,500)
    5). Unbilled services already performed for $15,000 at the end of year

    Instructions:
    Prepare the necessary adjusting entries for Al Gerome's Services at the end of the period using the form provided.

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    https://brainmass.com/business/the-adjusting-process/year-end-journal-entry-adjustments-572674

    Solution Preview

    The attached, formatted MS Excel spreadsheet contains detailed instruction for completion of the Al Gerome's Service Company year-end adjustment journal entry exercise.

    Journal Entry Adjustments - Al Gerome's Services Example

    Please adjust the following entries

    Data for the year-end adjustments for Al Gerome's Courier Services are as follows:

    1). Insurance expired during ...

    Solution Summary

    The attached file contains detailed instructions in regards to the necessary year-end journal adjustments required in the Al Gerome's Service Company's exercise.

    $2.19