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3 4 On October 31, the following information was provided to the accountant for ABC Company to assist in preparing the 5 adjusting journal entries.
3 4 On October 31, the following information was provided to the accountant for ABC Company to assist in preparing the 5 adjusting journal entries. Journalize the adjusting entries required as of October 31. 6 7. a. The Supplies account has an account balance before adjustment of $2,000. Supplies on hand as of October 31 are $500. 8 b. Rent expired during the period, $600. 9 c. Wages accrued but not paid at October 31, $750. 10 d. Revenues accrued but unbilled at October 31, $5,000. 11 e. The unearned revenues account has a balance on October 31 of $3,000. Of this amount of $1,000 has been earned. 12 13 Date Description Post Ref Debit Credit 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
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