1. LESSON 16-1
Recording Adjusting
Entries
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

2. ADJUSTING ENTRIES RECORDED
FROM A WORK SHEET
3
2
1
4
6
5
7
2
page 480
1. Heading
2. Date
3. Identify the first
adjustment
4. Account debited
5. Debit
6. Account credited
7. Credit
8. Continue down the
Adjustments columns
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 16-1

3. 3
ADJUSTING ENTRY FOR ALLOWANCE
FOR UNCOLLECTIBLE ACCOUNTS
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
page 482
LESSON 16-1

4. ADJUSTING ENTRY FOR
MERCHANDISE INVENTORY
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
4
page 482
LESSON 16-1

5. 5
ADJUSTING ENTRY FOR SUPPLIES—
OFFICE
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
page 483
LESSON 16-1

6. 6
ADJUSTING ENTRY FOR SUPPLIES—
STORE
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
page 483
LESSON 16-1

7. ADJUSTING ENTRY FOR
PREPAID INSURANCE
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
7
page 484
LESSON 16-1

8. 8
ADJUSTING ENTRY FOR DEPRECIATION
—OFFICE EQUIPMENT
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
page 484
LESSON 16-1

9. 9
ADJUSTING ENTRY FOR DEPRECIATION
—STORE EQUIPMENT
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
page 485
LESSON 16-1

10. ADJUSTING ENTRY FOR FEDERAL
INCOME TAXES
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
10
page 485
LESSON 16-1