1 2 3 A H 30-Sep Tom knew that accounting was based on accruals and some adjustments were needed at the end of September. The following information is provided to prepare the adjusting entries at the end of September 2015. 1 Recognize the rent expense for the month of September 2 Cleaning equipment is depreciated for 5 years. The salvage value is zero. The company uses straight line depreciation meth 3 The truck is depreciated for 5 years. The salvage value is $3,000. The company uses straight line depreciation. 4 Recognize the insurance expense for the month of September. 5 Recognize the revenue from 1 month service that has been provided to a client from September 2 transaction. Required: 6 At the end of September, the company has $6,500 supplies available. 7 The company pays $2,000 salary every Friday. September 30 is Monday. 8 The company has provided a $5,000 service to a client that has not been billed. 1 Prepare the adjusting entries. 2 Post the adjustments to the General Ledger. 3 Calculate the adjusted balances for the affected accounts. 4 Prepare the Adjusted Trial Balance for Wayzata Cleaning, Inc. at September 31, 2015. 5 Prepare the Financial Statements for Wayzata Cleaning, Inc. ending and on September 31, 2015. 5 26 27 28 29 30 31 32 33 34 35 36 37