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The Following Accounts Are from the Athletics Store Worksheet Dated

Question 57

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The following accounts are from the Athletics Store worksheet dated March 31 of the current year:
The following accounts are from the Athletics Store worksheet dated March 31 of the current year:    The data needed for adjustments on March 31 are as follows: a-b.Merchandise Inventory, March 31, $46,250.  c.Insurance expired for the year, $1,580. d.Depreciation for the year, $4,230. e.Accrued wages on January 31, $2,513. f.Supplies used during the year $950.Instructions: (Note: use t-accounts to assist in calculation the below items.)   The data needed for adjustments on March 31 are as follows:
a-b.Merchandise Inventory, March 31, $46,250.
c.Insurance expired for the year, $1,580.
d.Depreciation for the year, $4,230.
e.Accrued wages on January 31, $2,513.
f.Supplies used during the year $950.Instructions: (Note: use t-accounts to assist in calculation the below items.)
The following accounts are from the Athletics Store worksheet dated March 31 of the current year:    The data needed for adjustments on March 31 are as follows: a-b.Merchandise Inventory, March 31, $46,250.  c.Insurance expired for the year, $1,580. d.Depreciation for the year, $4,230. e.Accrued wages on January 31, $2,513. f.Supplies used during the year $950.Instructions: (Note: use t-accounts to assist in calculation the below items.)

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