Adjusting entries Flashcards
1
Q
Cost of food sales
A
Food inventory
2
Q
Employee meals
A
Cost of food sales
3
Q
Operating supplies
A
Supplies inventory
4
Q
Insurance
A
Prepaid insurance
5
Q
Depreciation
A
Accumulated depreciation
6
Q
China, glassware & silver (exp)
A
China, glassware & silver (Asset)
7
Q
Payroll
A
Accrued Payroll
8
Q
Payroll taxes
A
Accrued payroll taxes