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4. the adjusting Entry. prepare your answer in Tabular form. The Cheyenne Company accumulates the following adjustment data at December 31 Styles 1. Revenue of

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4. the adjusting Entry. prepare your answer in Tabular form.

The Cheyenne Company accumulates the following adjustment data at December 31 Styles 1. Revenue of $1,232 collected in advance has been recognized. 2. Salaries of $600 are unpaid. 3. Prepaid rent totaling $368 has expired 4. Supplies of $484 have been used 5. Revenue recognized but unbilled totals $720. 6. Utility expenses of $336 are unpaid. 7. Interest of $220 has accrued on a note payable. For each of the above items indicate: The type of adjustment (prepaid expense, unearned revenue, accrued revenue, or 1. accrued expense). 2. The account relationship (asset/liability, liability/revenue, etc.). 3. The status of account balances before adjustment (understatement or overstatement). Focus

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