(Solved) Adjusting entries for William Storage

On February 1, Williams Storage agreed to rent Haka Manufacturing warehouse space for $4,000 per month. Haka Manufacturing paid the first three months’ rent in advance. Prepare the necessary adjusting […]

(Solved) World Wide Travel Agency Accounting

The following cases relate to the valuation of assets. Consider the case independently.  (a) World Wide Travel Agency has office supplies costing $1,400 on hand at the balance sheet date. […]