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6. At the end of January 2018, Great Brothers Trial Balance appeared as follows: Greates Unadusteria Balance JULY 2010 Debit Cash 531230 Accounts Receivable 2760
6. At the end of January 2018, Great Brothers Trial Balance appeared as follows: Greates Unadusteria Balance JULY 2010 Debit Cash 531230 Accounts Receivable 2760 Inventory Supplies Prepaid Rent Prepaid Insurance Equipment Accumulated Depreciation - Equipment Accounts Payable Notes Payable Uneared Revenue Salaries and Wages Payable Owner's Capital Owner's Drawing Service Revenue $525,550 S1700 21000 10000 550 FOTO 250,000 $525.580 INSTRUCTIONS: In the space provided, record the necessary adjusting entries. a) Rent expired at the rate of $2.000 per month b) The Inventory has a balance of $9,500 at January 31 c) Insurance expired at the rate of $1,500 per month d) January depreciation expense is $800 e) Telephone bill for the month of January for $3,500 was received and paid on February The balance in the Uneamed Revenue account was $15,000 on January 31. Page 4 of 6
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