Journalize the given adjustments below.

by

Journalize the given adjustments below.

ADJUSTMENTS: At the end of the month, the following adjustments need to be recorded

  • A physical food inventory was taken and $1,500 of food remains in the storerooms.
  • The hotel used $2,750 in utilities but have not paid Center Point Energy.
  • A Party for Lancer Ltd. was held on September 30th. The total invoice of $10,000 for food revenue needs to be billed.
  • The last pay day was the 26th and Cougar Hotel pays its employees every two weeks. Ten employees with wages totaling $250 per person per day needs to be accrued.