80.2K

Verified Solution

Link Copied!

Hello. Please answer the following given questions with proper accuracy. Thanks.

1. The trial balance of Unistar Alarm Systems at August 31, 2012, and the data needed for the month-end adjustments follow, Adjustment data a. Unearned service revenue still unearned at August 31, $1,600 b Prepaid rent still in force at August 31, $600. c. Supplies used during the month, $700. d Depreciation for the month $400. e. Accrued advertising expense at August 31, $600. (Credit Accounts Payable) f. Accrued salary expense at August 31, $500. Unistar Alarm Systems Trial Balance August 31, 2012 Cash $ 7100 Accounts receivable 19,800 Prepaid rent 2,400 Supplies 1,200 Furniture 19,700 Accumulated depreciation $ 3,600 Accounts payable 3,300 Salary payable Unearned service revenue 2,800 John Wilhelm, Capital 35,500 John Wilhelm, Withdrawals 5,300 Service revenue 15,600 Salary expense 3,800 Rent expense Depreciation expense Advertising expense 1,500 Supplies expense Total S 60,800 S 60,800 1(a). Open T-accounts for the accounts listed in the trial balance, inserting their June 30, unadjusted balances 1(b). Journalize the adjusting entries and post them to the T-accounts. Key the journal entries and posted amounts by letter 1(c). Prepare the adjusted trial balance

Answer & Explanation Solved by verified expert

See Answer