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8 ABC had the following balances before preparing adjusting entries in the books on December 31, 2019. (SEE PICTURE OF TABLE NEXT TO THE QUESTION)
8 ABC had the following balances before preparing adjusting entries in the books on December 31, 2019. (SEE PICTURE OF TABLE NEXT TO THE QUESTION) A. Prepare the adjusting entries for the following: 1. Office Supplies used, $800. Assume the office supplies were initially recorded as an asset. 2. Accrued salaries on December 31, $600. 3. Revenue accrued but not recorded, $200. NB: write in the following format: Dr. (account name) (amount) Cr. (Account name) (amount) B. What are the balances of the following accounts AFTER posting the adjustments in part A 1. Cash 2. Service Revenue 3. Supplies Expense (Show your calculations) * 05 (30 Points) 6,000 2,000 Dividends 3,000 Service Revenue 10,600 Cash Accounts Receivable Office supplies 1,800 Salaries Expense 4,000 row your car UTUS (30 Points) 6,000 2,000 Dividends 3,000 Service Revenue 10,600 Cash Accounts Receivable Office supplies Equipment Accumulated Depreciation Common Stock 1,800 15,000 9,000 Salaries Expense 4,000 Rent Expense 800 Depreciation 1,500 Expense Supplies 500 Expense 15,000 Enter your
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