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Mode 5

Adjustment Lab

Name the adjustment type, compute it, and work backward with buckets.

S9 · Not started

Adjusting entries

The four adjustment types

S10 · Not started

Bucket rule

Beginning + In − Out = Ending

Homework problems

Real problems, exactly as written. After each one, try a similar one with new numbers.

Q12 Deluxe Building ServicesQ13 Ideal Properties adjustmentsQ14 Liverpool purchases and COGSQ14 Liverpool cash paid to suppliersQ15 Six adjustments with contra assetsQ16 Fields Company: work backwardQ17 Thomas Refinishing adjustments
Elysium School of Innovation