Question details

Complete the Book Adjustments (Adj1 Sale of fixed assets, Adj2 2015
$ 20.00
  • 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:
    1. Accrual to Cash Adjustment - Accounts Receivable;
    2. Charitable contributions carryover;
    3. 50% Meals and Entertainment;
    4. Non-deductible penalties;
    5. Tax Exempt interest;
    6. Accrual to Cash Adjustment - Accounts Payable.
  • Classify the Taxable Income entries on the Adjusted Trial Balance to complete using the included resources.
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