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Business, 30.11.2019 00:31 Shubbs

The trial balance of godwin company includes the following balance sheet accounts. identify the accounts that might require adjustment. for each account that requires adjustment, indicate the type of adjusting entry and the related account in the adjusting entry.

account type of adjustment related account
(a) accounts receivable the trial balance of godwin company includes the f prepaid expensesaccrued revenuesnot requiredaccrued expensesunearned revenues the trial balance of godwin company includes the f interest expenseinsurance expenseservice revenuenot requireddepreciation expense
(b) prepaid insurance the trial balance of godwin company includes the f unearned revenuesaccrued revenuesprepaid expensesnot requiredaccrued expenses the trial balance of godwin company includes the f service revenueinsurance expensenot requireddepreciation expenseinterest expense
(c) equipment the trial balance of godwin company includes the f accrued revenuesnot requiredprepaid expensesaccrued expensesunearned revenues the trial balance of godwin company includes the f interest expenseservice revenuedepreciation expenseinsurance expensenot required
(d) accumulated depreciation—equipment the trial balance of godwin company includes the f prepaid expensesaccrued revenuesnot requiredaccrued expensesunearned revenues the trial balance of godwin company includes the f depreciation expenseservice revenuenot requiredinsurance expenseinterest expense
(e) notes payable the trial balance of godwin company includes the f not requiredunearned revenuesaccrued expensesaccrued revenuesprepaid expenses the trial balance of godwin company includes the f interest expensenot requiredinsurance expenseservice revenuedepreciation expense
(f) interest payable the trial balance of godwin company includes the f prepaid expensesnot requiredaccrued revenuesunearned revenuesaccrued expenses the trial balance of godwin company includes the f insurance expensenot requireddepreciation expenseinterest expenseservice revenue
(g) unearned service revenue the trial balance of godwin company includes the f unearned revenuesprepaid expensesaccrued expensesaccrued revenuesnot required the trial balance of godwin company includes the f not requireddepreciation expenseservice revenueinterest expenseinsurance expense
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