00:02
We have to prepare the adjusting general entries for northland physical therapy as of december 31, 2018.
00:09
So, we need to consider the provided information and make necessary adjustments for unrecorded or occurred items.
00:16
So, number one is amortization for 2018.
00:21
So, amortization expense of $2 needs to be recorded for the year 2018.
00:42
So, the adjusting general entry would be amortization expense 2, accumulated amortization 2.
01:07
Number two is supplies on hand.
01:10
So, supplies of $3 were counted on december 31, 2018.
01:26
So, adjusting general entry is supplies expense 3, supplies 3.
01:40
Number three is depreciation for 2018.
01:49
So, depreciation expense of $4 needs to be recorded for the year 2018.
01:54
So, depreciation expense 4, accumulated depreciation 4...