Complete the Book Adjustments (Adj1 Sale of fixed assets, Adj2 2015
- Complete the Book Adjustments (Adj1 Sale of fixed assets, Adj2 2015 Depreciation, and Reclass of accounts payable) using the included resources.
- Adjust the Journal Entries using the included resources for 2015 depreciation.
- Apply information from the included resources to complete the Tax Adjustments:
- Accrual to Cash Adjustment - Accounts Receivable;
- Charitable contributions carryover;
- 50% Meals and Entertainment;
- Non-deductible penalties;
- Tax Exempt interest;
- Accrual to Cash Adjustment - Accounts Payable.
- Classify the Taxable Income entries on the Adjusted Trial Balance to complete using the included resources.