Act300 Module 2 Adjusted Trial Balance: the Modine Consulting Case

ACT300 Module 2 Adjusted Trial Balance: The Modine Consulting Case

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For this assignment, you are required to present the nine correct journal entries in an Excel spreadsheet.

Linda Ace started her own consulting firm, Modine Consulting, on May 1, 2008. The trial balance at May 31 is as detailed below.

MODINE CONSULTING

Trial Balance

|May 31, 2008 Account | Debit | Credit |  |

|Number | | | |

| 101 | Cash | $7,700 |  |

| 112 | Accounts Receivable | 4,000 |  |

| 126 | Supplies | 1,500 |  |

| 130 | Prepaid Insurance | 4,800 |  |

| 149 | Office Furniture | 9,600 |  |

| 201 | Accounts Payable | $3,500 |  |

| 209 | Unearned Service Revenue | 3,000 |  |...