At the end of its fiscal year, the trial balance for Roosevelt Cleaners, Inc., appears as follows:

The following information is also available:

a. A study of the company’s insurance policies shows that $680 is unexpired at the end of the year.

b. An inventory of cleaning supplies shows $1,244 on hand.

c. Estimated depreciation on the building for the year is $12,800.

d. Accrued interest on the mortgage payable is $1,000.

e. On September 1, the company signed a contract, effective immediately, with Kings County Hospital to dry clean, for a fixed monthly charge of $400, the uniforms used by doctors in surgery. The hospital paid for four months’
service in advance.

f. Sales and delivery wages are paid on Saturday. The weekly payroll is $2,520. September 30 falls on a Thursday and the company has a six-day pay week.
g. Estimated federal income taxes for the period are $2,000.

Required All adjustments affect one balance sheet account and one income statement account. For each of the above situations, show the accounts affected, the amount of the adjustment (using a or to indicate an increase or decrease), and the balance of the account after the adjustment in the following format:

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Roosevelt Cleaners, Inc. Trial Balance September 30, 20x7 Cash $ 11,788 Accounts Receivable 26,494 Prepaid Insurance 3,400 Cleaning Supplies 7,374 Land 18,000 Building 185,000 Accumulated Depreciation-Building $ 45,600 Accounts Payable Unearned Cleaning Revenue 20,400 1,600 Mortgage Payable Common Stock 110,000 40,000 Retained Earnings Dividends 16,560 10,000 Cleaning Revenue 157,634 Wages Expense 101,330 Cleaning Equipment Rental Expense 6,000 Delivery Truck Expense 4,374 Interest Expense 11,000 Other Expenses 7,034 $391,794 $391,794