The trial balances shown at the top of the next page are before and after adjustment for Apachi Company at the end of its fiscal year:

\section*{Instructions}
Prepare the adjusting entries that were made.

Transcribed Image Text:

APACHI COMPANY Trial Balance August 31, 1998 Before Adjustment Dr. After Adjustment Cr. Cr. Dr. Cash Accounts Receivable $10,400 $10,400 8,800 9,500 Office Supplies Prepaid Insurance 2,300 700 4,000 2,500 Office Equipment Accumulated Depreciation Office Equipment Accounts Payable Salaries Payable Unearned Rent Revenue 14,000 14,000 $ 3,600 $ 4,800 5,800 5,800 0 1,000 1,500 700 Common Stock Retained Earnings Service Revenue Rent Revenue 10,000 10,000 5,600 5,600 34,000 34,700 11,000 11,800 Salaries Expense Office Supplies Expense Rent Expense Insurance Expense Depreciation Expense $71,500 $71,500 $74,400 $74,400 17,000 18,000 0 1,600 15,000 15,000 0 1,500 0 1,200