Start from the unadjusted trial balance that Crystal Clear Cleaning prepared at November 30, 2022:

Required

1. Using the data provided from the unadjusted trial balance and Chapter 2, prepare all required adjusting journal entries at November 30.

a. Cleaning supplies on hand at the end of November were $50.

b. One month’s amortization was estimated to be $80 for the equipment and $70 for the truck. Record each as a separate journal entry but use one expense account.

c. One month’s rent was used up.

d. One month’s insurance was used up.

e. Earned half a month’s revenue that was collected in advance.

f. One month’s interest expense is $59.

2. Prepare an adjusted trial balance as of November 30 for Crystal Clear Cleaning.

Transcribed Image Text:

CRYSTAL CLEAR CLEANING Unadjusted Trial Balance November 30, 2022 Account Title Cash Accounts receivable Cleaning supplies Prepaid rent Prepaid insurance Equipment Truck Accounts payable Unearned revenue Notes payable A. Hideaway, capital A. Hideaway, withdrawals Service revenue Salaries expense Advertising expense Utilities expense Total Debit $51,650 4,000 320 4,000 4,800 5,400 3,000 1,400 Credit $ 1,245 15,000 36,000 18,000 5,100 400 200 175 $75,345 $75,345