Assume the following adjustment data. CALCULATOR PRINTER VERSION BACK NEXT 1. 2. 3. 4. 5....
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Assume the following adjustment data. CALCULATOR PRINTER VERSION BACK NEXT 1. 2. 3. 4. 5. 6. 7. Supplies on hand at October 31 total $690. Expired insurance for the month is $125. Depreciation for the month is $60. As of October 31, services worth $930 related to the previously recorded uneared revenue had been performed Services performed but unbilled (and no receivable has been recorded) at October 31 are $260. Interest expense accrued at October 31 is $85 Accrued salaries at October 31 are $1.570. Prepare the adjusting entries for the items above. It meantry is required, select "No Entry for the account titles indented when the amount is egtered. Do not indent manually.) for the amounts. Credit account titles are automatically No. Date Account Titles and Explanation 1. Oct. 31 Inventory cost of goods 2. Oct. 31 insurance Expo Prepaid Ins 3. Oct. 31 Depreciation Expense Equipment 4. Oct. 31 Junearned Service Revenue 930 Service Revenue 930 5. Oct. 31 Accounts Receivable 260 Service Revenue 260 6. Oct. 31 Interest Expense Interest Payable 7. Oct. 31 Salaries and Wages Expense 570 Salaries and Wages Payable JTL 570
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