Selected accounts of Snowmass Company are shown here:

Instructions After analyzing the accounts, journalize

(a) the July transactions and

(b) the adjusting entries that were made on July 31. [Hint: July transactions were for cash.]

Transcribed Image Text:

July 31 500 Salaries Payable Supplies Expense Supplies July 1 Bal. 1,100 July 31 10 200 Accounts Receivable 500 July 31 1,200 July 31 500 Salaries Expense Unearned Service Revenue July 15 1,200 31 1,200 July 31 900 July 1 Bal. 1,500 20 700 Service Revenue July 14 3,000 31 900. 31 500