LESSON 14-2

1. LESSON 14-2 Beginning an 8-Column Work Sheet for a Merchandising Business

2. 1 2 RECORDING A TRIAL BALANCE ON A WORK SHEET page 410 1. Account title 2. Account balance 3. Total, prove, and rule the debit and credit columns 3 LESSON 14-2

3. Supplies Expense—Office Adj. (a) 2,730.00 Supplies—Office Dec. 31 Bal. 3,480.00 Adj. (a) 2,730.00 (Adj Bal. 750.00) Supplies Expense—Store Adj. (b) 2,910.00 Supplies—Store Dec. 31 Bal. 3,944.00 Adj. (b) 2,910.00 (Adj Bal. 1,034.00) ANALYZING AND RECORDING SUPPLIES ADJUSTMENTS page 411 LESSON 14-2

4. 3 3 RECORDING SUPPLIES ADJUSTMENTS ON A WORK SHEET page 412 2 1 1. Write the debit amounts in the Adjustments Debit column. 2. Write the credit amounts in the Adjustments Credit column. 3. Label the two parts of the Supplies—Office adjustment with small letter a and small letter b in parentheses. LESSON 14-2

5. 3 3 ANALYZING AND RECORDING A PREPAID INSURANCE ADJUSTMENT page 413 1 2 1. Enter the amount of insurance used in the Adjustments Credit column. 2. Enter the same amount in the Adjustments Debit column. 3. Label the two parts of the adjustment with a small letter c in parentheses. LESSON 14-2