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1. Prepare the following adjusting entry: Salary: payday is every Friday (5-day work week), the weekly payroll is $3,670, and the end of March is

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1. Prepare the following adjusting entry:
Salary: payday is every Friday (5-day work week), the weekly payroll is $3,670, and the end of March is on a Thursday.
2. Prepare the following adjusting journal entry: The depreciation expense for Trucks is $1,270.
3. Prepare the following adjusting journal entry:
The company purchased a 3-month insurance policy; one month has expired in March.
4. Prepare the following adjusting journal entry: The company had three (3) unfinished (unearned) jobs in February; two (2) were completed in March
5. Prepare an Adjusted Trial Balance for Jack's Construction R US as of March 31, 2019.
Unadjusted Trial Balance Debits Credits 123,650 15,900 575 15,000 75,840 Jack's Construction RUS Unadjusted Trial Balance March 31, 2019 Account Name Cash Accounts Receivable Construction Supplies Prepaid Insurance Trucks Accumulated Depr - Trucks Accounts Payable Unearned Construction Revenue Common Stock Dividends Retained Earnings Construction Revenue Salaries Expense Depreciation Exp - Trucks Insurance Expense Totals 13,400 29.700 15,000 25.000 20,000 37,220 263,400 74,650 --- 15,125 42,980 383.720 383,720

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