Adjusting entries Flashcards

1
Q

Cost of food sales

A

Food inventory

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2
Q

Employee meals

A

Cost of food sales

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3
Q

Operating supplies

A

Supplies inventory

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4
Q

Insurance

A

Prepaid insurance

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5
Q

Depreciation

A

Accumulated depreciation

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6
Q

China, glassware & silver (exp)

A

China, glassware & silver (Asset)

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7
Q

Payroll

A

Accrued Payroll

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8
Q

Payroll taxes

A

Accrued payroll taxes

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