1. State what type of adjustment will be used for the following transactions and what accounts will be effected:

rent paid up front

salaries to be paid in two weeks

paid up front for services

incurred taxes to be paid at end of quarter

paid for advertising

used electricity for a month

paid for 3 months of insurance

vehicle's value dropped after one month

performed services, to be paid in 2 weeks

interest to be paid at end of month