edugenwileypluscom Course Principles of Accounting What Hap

? edugen.wileyplus.com Course: Principles of Accounting What Happens if Prepaid Exp.. WileyPLUs Chegg Study Guided Solution A tabular summary of transacti.. How to take a screenshot on y... WileyPLUS: MyWileyPLUS | Help| Contact Us | Log Out WileyPLUS Kimmel, Survey of Accounting, 1e PRINCIPLES OF ACCOUNTING (ACC 201) Home Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment>Open Assignment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Brief Exercise 4-4 Chapter 4 HW A tabular summary of transactions for Lahey Advertising Company before adjustments includes the following selected account information. rief Exercise 4 AssetsLiabilitiesStockholders\' Equity Brief Exercise 4-9 Com Stock Rev. (Supplies) Div Exp. Supplies Bal. 8,800 a Brief Exercise 4-12 On December 31, there is $1,100 of supplies on hand. Record the adjustment for supplies in the tabular summary and indicate the adjusted balance in each account. (Ifa transaction results in a decrease in Assets, Liabilities or Stockholders\' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Exercise 4-9 Assets Liabilities + Stockholders\' Equity Com Stock Exp. (Supplies) ercise 4-1 Supplies Rev Div. Bal. Dec. 31 Adj. Bal Click if you would like to Show Work for this question: 8,800 iew Sco Revicw Results by Study Qpen Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of 2 used SAVE FOR LATER SUBMIT ANSWER License AgreementPrivacy Policy2000-2018 John Wiley & Sons, Inc. All Rights Reserved. A Division ofJohn Wiley & Sons, Inc. Version 4.24.6.2

Solution

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	Assets	=	Liabilities	+	Shareholders equity
	Supplies				Common stock	+	Revenue	-	Expense	-	Dividend
Bal	8800
Dec-31	-7700								7700
Adj. bal	1100								7700