Study Guide 6 - Part 3 - Analyzing Adjustments and Extending Account Balances on a Work Sheet

cash short and over(debit balance)

income statement

Cash

Adjustments / Income Stat. / Balan. Sheet D () C () / D () C () / D (✓) C ()

J. Nichols, Drawing

Adjustments / Income Stat. / Balan. Sheet D () C () / D () C () / D (✓) C ()

Petty Cash

Adjustments / Income Stat. / Balan. Sheet D () C () / D () C () / D (✓) C ()

Accounts Receivable -- Imagination Station

Adjustments / Income Stat. / Balan. Sheet D () C () / D () C () /D (✓) C ()

Sales

Adjustments / Income Stat. / Balan. Sheet D () C () / D () C (✓) / D ()C ()

Advertising Expense

Adjustments / Income Stat. / Balan. Sheet D () C (✓) / D () C () / D (✓) C ()

Prepaid Insurance

Adjustments / Income Stat. / Balan. Sheet D () C (✓) / D () C () / D (✓) C ()

Supplies

Adjustments / Income Stat. / Balan. Sheet D () C (✓) / D () C () / D (✓) C ()

Miscellaneous Expense

Adjustments / Income Stat. / Balan. Sheet D () C (✓) / D (✓) C () / D () C ()

Rent Expense

Adjustments / Income Stat. / Balan. Sheet D () C (✓) / D (✓) C () / D () C ()

Insurance Expense

Adjustments / Income Stat. / Balan. Sheet D (✓) C () / D (✓) C () / D () C ()

Supplies Expense

Adjustments / Income Stat. / Balan. Sheet D (✓) C () / D (✓) C () / D () C ()

Income Summary

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J. Nichols, Capital

Adjustments / Income Stat. / Balan. Sheet D () C () / D () C () / D () C (✓)

Utilities Expense

Adjustments / Income Stat. / Balan. Sheet D () C (✓) / D (✓) C () / D () C ()

Accounts Payable -- Suburban Office Supplies

Adjustments / Income Stat. / Balan. Sheet D () C () / D () C () / D () C (✓)