Accounting: Analyzing Adjustments and Extending Account Balances on a Work sheet

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Accounts pay

balance sheet credit

Accounts Rec

balance sheet debit

Cash

balance sheet debit

Drawing

balance sheet debit

Petty cash

balance sheet debit

Prepaid Insurance

balance sheet debit and adjustments credit

Supplies

balance sheet debit and adjustments credit

Sales

income statement credit

Expenses

income statement debit

cash short and over

income statement debit

supplies expense

income statement debit and adjusting entries credit

insurance expense

income statement debit and adjusting entries debit

Capital

Balance sheet credit


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