E3-9 (L02,3) (Adjusting Entries) Selected accounts of Urdu Company are shown below.

Instructions From an analysis of the T-accounts, reconstruct

(a) the October transaction entries, and

(b) the adjusting journal entries that were made on October 31, 2017. Prepare explanations for each journal entry.

Transcribed Image Text:

Beg. Bal. 10/15 10/31 10/31 Supplies 800 10/31 Salaries and Wages Expense 800 600 Unearned Service Revenue 400 10/20 Service Revenue 470 10/17 10/31 Accounts Receivable 2,400 1,650 Salaries and Wages Payable 10/31 Supplies Expense 650 10/31 470 10/17 2,400 10/31 1,650 10/31 400 600