- /1 E euestion 8 of 10 Liabilities Assets Prepd. Insur. Acc Depr. Equip. 0 + + Accts. Rec. 0 Cash Bal. 16,720 + Int. Pay. + 0 + Equip. 5,500 Notes Pay. 5,500 Accts. Pay. 2,750 Unearned Serv. Rev. 1.320 + Supplies + 2,750 660 Assume the following adjustment data. 1. 2 3. 4 5. 6. 7. Supplies on hand at October 31 total $550. Expired insurance for the month is $110. Depreciation for the month is $90. As of October 31, services worth $880 related to the previously recorded unearned revenue had been performed. Services performed but unbilled (and no receivable has been recorded) at October 31 are $314. Interest expense accrued at October 31 is $71. Accrued salaries at October 31 are $1.540. I Prepare a tabular summary to record adjustments for the items above using the summary that follows. Of a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Accts. Rec. Prepd. Insur. Supplies Cash 2.750 660 Bal 16,720 Prepare a tabular summary to record adjustments for the items above using the summary that follows. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Accts. Rec. Prepd. Insur. Cash Supplies Bal. 16,720 0 2,750 660 1. 2. 3. 4. 5. 1 6. 7. Adi Bal e Textbook and Media