Assume the unadjusted and adjusted trial balances for Orbit Theater, Inc., at November 30, 2012, show the following data:

Requirement
1. Journalize the adjusting entries that account for the differences between the two trialbalances.

Transcribed Image Text:

Orbit Theater, Inc. Trial Balance November 30, 2012 UNADJUSTED TRIAL BALANCETRIAL BALANCE DR ADJUSTED ACCOUNT Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation, Equipment Accounts Payable Salaries Payable Interest Payable Unearned Service Revenue Notes Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense, Equipment Interest Expense Supplies Expense Total CR DR CR $ 8,300 $ 8,300 5,800 2,300 2,800 9,000 5,800 1,000 2,100 9,000 $ 6,450 1,800 1,250 100 1,400 5,000 5,000 4,700 S 4,700 1,800 2,700 5,000 5,000 4,700 14,100 14,100 45,600 46,900 21,200 3,500 2,250 250 22,450 4.200 4,000 350 1,300 $69,500 $69,500 $72,600 $72,600