ADM 1340 Study Guide - Quiz Guide: General Ledger, Trial Balance, Accounts Payable

• School: University of Ottawa
• Department: Administration
• Course: ADM 1340
• Professor: Kevin Petit- Frere

Document Summary

The school of management does not condone academic fraud, an act by a student that may result in a false academic evaluation of that student or of another student. I have read the text on academic integrity and i pledge not to have committed or attempted to commit academic fraud in this examination. Note: an examination copy or booklet without that signed statement will not be graded and will receive a final exam grade of zero. Sappa fruits sell its products to local grocery stores. On june 30, 2014 the sappa"s unadjusted trial balance was as follows: Additional information: as of june 30th, 25% of the supplies was still on hand, on june 30th, estimations revealed that ,000 of the unearned revenues recorded were still unearned. Required: prepare the adjustment entries required at june 30, 2014, post these adjustments to the general ledger, prepare an adjusted trial balance. 30 supplies expense (25,000-(25,000 x 25%) = 18,250) 18,750 (1point)