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Adjustment data: 1. Adjustment of prepaid insurance. 2. Adjustment of prepaid rent. 3. Supplies used, $1,400. 4. Equipment depreciation, $550 per month 5. Accrual of interest on note payable. 6. Salaries for the second half of July, $12,300, to be paid on August 1. 7. Estimated utilities expense for July, $900 (invoice will be received in August). 8. Income tax for July, $1,340, will be paid in August. The chart of accounts for Culver Computer Consultants contains the following accounts: Cash Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Notes Payable, Interest Unearned Service Revenue, Common Stock, Retained Earnings, Dividends, Income Summary Insurance Expense, Salaries and Wages Expense, Advertising Expense, Income Tax Expense, 1 Expense. (a) Your answer is partially correct. Try again. Adjustment data: 1. Adjustment of prepaid insurance. 2. Adjustment of prepaid rent. 3. Supplies used, $1,400. 4. Equipment depreciation, $550 per month 5. Accrual of interest on note payable. 6. Salaries for the second half of July, $12,300, to be paid on August 1. 7. Estimated utilities expense for July, $900 (invoice will be received in August). 8. Income tax for July, $1,340, will be paid in August. The chart of accounts for Culver Computer Consultants contains the following accounts: Cash Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Notes Payable, Interest Unearned Service Revenue, Common Stock, Retained Earnings, Dividends, Income Summary Insurance Expense, Salaries and Wages Expense, Advertising Expense, Income Tax Expense, 1 Expense. (a) Your answer is partially correct. Try again

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