Time is a vital resource that every business treasures and tries to change in a gain. In choosing document management software program, pay attention to a clutterless and user-friendly interface that empowers users. DocHub provides cutting-edge tools to maximize your document management and transforms your PDF file editing into a matter of one click. Remove Line in the Corporate Supplies with DocHub to save a lot of time as well as enhance your efficiency.
Make PDF file editing an simple and easy intuitive operation that will save you plenty of valuable time. Quickly adjust your documents and give them for signing without looking at third-party software. Give attention to relevant duties and enhance your document management with DocHub starting today.
[Music] now lets learn how to do the adjusting entry for another prepaid expense office supplies so on may 1st rexter incorporated my favorite company paid 600 for office supplies so we just need to do the journal entry now for the purchase of the office supplies so in the general journal we put may 1st as a date and then what are we getting out of this transaction were getting office supplies theyre not going to be used up right away so therefore they have a future value and were going to call that asset office supplies a plus is reminding this asset going up so in the debit im going to put 600 and then i post the 600 down to the t account which represents a ledger and then how did we pay for it we paid for it with cash so cash is an asset and its going down so i need to credit that asset and then in our explanation we say we bought office supplies now its time for the adjustment remember we purchased office supplies on may 1st but now its june 30th so rexter incorporated crea