Windsor-Essex Tool is a manufacturing company. It is organized as an Ontario corporation.
Journal entries for the month of December 2013 for each of the following transactions and events are to be prepared in proper form including explanation. In addition, any adjusting journal entries required at the end of December 2013 should also be prepared. If a journal entry is not required for certain items noted below you are to provide an explanation as to why you did not make an entry. You should cross-reference each of your journal entries with the corresponding letter below that applies to the particular transaction or event you are journalizing.
Each journal entry is worth 1.5 marks (1/2 mark for fully correct debit entry, 1/ 2 mark for fully….