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a. On December 15, Ashton contracted to perform services for a client receiving $2,900 in advance. Ashton record this receipt of cash as Uneared Revenue.

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a. On December 15, Ashton contracted to perform services for a client receiving $2,900 in advance. Ashton record this receipt of cash as Uneared Revenue. As of December 31, Ashton has completed $1,100 of the services. Date Accounts and Explanation Debit Credit (a) Dec. 31 b. Ashton prepaid two months of rent on December 1. (Assume the Prepaid Rent balance as shown on the unadjus trial balance represents the two months of rent prepaid on December 1.) Date Accounts and Explanation Debit Credit (b) Dec. 31 c. Ashton used $700 of office supplies. BE Date Accounts and Explanation Debit Credit (c) Dec. 31 d. Depreciation for the equipment is $500. Date Accounts and Explanation Debit Credit (d) Dec. 31 e. Ashton received a bill for December's online advertising, $500. Ashton will not pay the bill until January. (Use Accounts Payable.) Date Accounts and Explanation Debit Credit (e) Dec. 31 f. Ashton pays its employees on Monday for the previous week's wages. Its employees earn $5,000 for a five-day we week December 31 falls on Wednesday this year. Date Accounts and Explanation Debit Credit (0) Dec. 31 g. On October 1, Ashton agreed to provide a four-month air system check (beginning October 1) for a customer for $3,600. Ashton has completed the system check every month but payment has not yet been received and no entries have been made. Date Accounts and Explanation Debit Credit (9) Dec. 31 (UICK LOCUIT View Ulu ausung entry information.) Read the requirements. Cash Service Revenue Accounts Payable 3,000 Dec. 31 Dec. 31 7.100 16,000 Dec. 31 Accounts Receivable Salaries Payable Salaries Expense Dec. 31 19.600 Dec. 31 3,700 Unearned Revenue Rent Expense Prepaid Rent 2,600 Dec. 31 2,900 Dec 31 Common Stock Depreciation Expense Equipment Office Supplies 1,700 Dec. 31 39.600 Dec 31 Common Stock Office Supplies 1,700 Depreciation Expense Equipmer Dec. 31 39,600 Dec. 31 Equipment Dividends Dec. 31 Advertising Expense Dec. 31 1,400 19,800 Dec. 31 9,200 Accumulated Depreciation- Equip 3,600 Dec. 31 Supplies Expense Read the reg Ashton Air Purification System Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Advertising Expense Supplies Expense Total Requirement 4. How will Ashton Air Purification System use the adjusted trial balance? The company will use the adjusted trial balance to Ashton Air Purification System Unadjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 7,100 Accounts Receivable 19,600 2,600 1,700 19,800 Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable $ 3,600 3,000 Unearned Revenue 2,900 Common Stock 39,600 Dividends 9.200 16,000 Service Revenue Salaries Expense 3,700 Rent Expense Salaries Payable Unearned Revenue 2,900 Common Stock 39,600 Dividends 9,200 Service Revenue 16,000 3,700 Salaries Expense Rent Expense Depreciation Expense-Equipment Advertising Expense 1,400 Supplies Expense $ 65,100 $ 65,100 Total Print Done Adjustment data at December 31 follow: a. On December 15, Ashton contracted to perform services for a client receiving $2,900 in advance. Ashton recorded this receipt of cash as Unearned Revenue. As of December 31, Ashton has completed $1,100 of the services. b. Ashton prepaid two months of rent on December 1. (Assume the Prepaid Rent balance as shown on the unadjusted trial balance represents the two months of rent prepaid on December 1.) c. Ashton used $700 of office supplies. d. Depreciation for the equipment is $500. e. Ashton received a bill for December's online advertising, $500. Ashton will not pay the bill until January. (Use Accounts Payable.) f. Ashton pays its employees on Monday for the previous week's wages. Its employees eam $5,000 for a five-day workweek. December 31 falls on Wednesday this year. g. On October 1, Ashton agreed to provide a four-month air system check (beginning October 1) for a customer for $3,600. Ashton has completed the system check every month, but payment has not yet been received and no entries have been made. a. On December 15, Ashton contracted to perform services for a client receiving $2,900 in advance. Ashton record this receipt of cash as Uneared Revenue. As of December 31, Ashton has completed $1,100 of the services. Date Accounts and Explanation Debit Credit (a) Dec. 31 b. Ashton prepaid two months of rent on December 1. (Assume the Prepaid Rent balance as shown on the unadjus trial balance represents the two months of rent prepaid on December 1.) Date Accounts and Explanation Debit Credit (b) Dec. 31 c. Ashton used $700 of office supplies. BE Date Accounts and Explanation Debit Credit (c) Dec. 31 d. Depreciation for the equipment is $500. Date Accounts and Explanation Debit Credit (d) Dec. 31 e. Ashton received a bill for December's online advertising, $500. Ashton will not pay the bill until January. (Use Accounts Payable.) Date Accounts and Explanation Debit Credit (e) Dec. 31 f. Ashton pays its employees on Monday for the previous week's wages. Its employees earn $5,000 for a five-day we week December 31 falls on Wednesday this year. Date Accounts and Explanation Debit Credit (0) Dec. 31 g. On October 1, Ashton agreed to provide a four-month air system check (beginning October 1) for a customer for $3,600. Ashton has completed the system check every month but payment has not yet been received and no entries have been made. Date Accounts and Explanation Debit Credit (9) Dec. 31 (UICK LOCUIT View Ulu ausung entry information.) Read the requirements. Cash Service Revenue Accounts Payable 3,000 Dec. 31 Dec. 31 7.100 16,000 Dec. 31 Accounts Receivable Salaries Payable Salaries Expense Dec. 31 19.600 Dec. 31 3,700 Unearned Revenue Rent Expense Prepaid Rent 2,600 Dec. 31 2,900 Dec 31 Common Stock Depreciation Expense Equipment Office Supplies 1,700 Dec. 31 39.600 Dec 31 Common Stock Office Supplies 1,700 Depreciation Expense Equipmer Dec. 31 39,600 Dec. 31 Equipment Dividends Dec. 31 Advertising Expense Dec. 31 1,400 19,800 Dec. 31 9,200 Accumulated Depreciation- Equip 3,600 Dec. 31 Supplies Expense Read the reg Ashton Air Purification System Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Advertising Expense Supplies Expense Total Requirement 4. How will Ashton Air Purification System use the adjusted trial balance? The company will use the adjusted trial balance to Ashton Air Purification System Unadjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 7,100 Accounts Receivable 19,600 2,600 1,700 19,800 Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable $ 3,600 3,000 Unearned Revenue 2,900 Common Stock 39,600 Dividends 9.200 16,000 Service Revenue Salaries Expense 3,700 Rent Expense Salaries Payable Unearned Revenue 2,900 Common Stock 39,600 Dividends 9,200 Service Revenue 16,000 3,700 Salaries Expense Rent Expense Depreciation Expense-Equipment Advertising Expense 1,400 Supplies Expense $ 65,100 $ 65,100 Total Print Done Adjustment data at December 31 follow: a. On December 15, Ashton contracted to perform services for a client receiving $2,900 in advance. Ashton recorded this receipt of cash as Unearned Revenue. As of December 31, Ashton has completed $1,100 of the services. b. Ashton prepaid two months of rent on December 1. (Assume the Prepaid Rent balance as shown on the unadjusted trial balance represents the two months of rent prepaid on December 1.) c. Ashton used $700 of office supplies. d. Depreciation for the equipment is $500. e. Ashton received a bill for December's online advertising, $500. Ashton will not pay the bill until January. (Use Accounts Payable.) f. Ashton pays its employees on Monday for the previous week's wages. Its employees eam $5,000 for a five-day workweek. December 31 falls on Wednesday this year. g. On October 1, Ashton agreed to provide a four-month air system check (beginning October 1) for a customer for $3,600. Ashton has completed the system check every month, but payment has not yet been received and no entries have been made

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