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a. The unadjusted balance in Supplies was $770 at December 31, 2018. The unadjusted balance in Supplies Expense was $0 at b. Wages earned by
a. The unadjusted balance in Supplies was $770 at December 31, 2018. The unadjusted balance in Supplies Expense was $0 at b. Wages earned by employees during December 2018, unpaid and unrecorded at December 31, 2018, amounted to $2,900. The last c. A portion of the store's basement is now being rented for $1.020 per month to K. Frey. On November 1. 2018, the store collected six December 31, 2018. A year-end count showed $120 of supplies on hand paychecks were issued December 28; the next payments will be made on January 6, 2019. months' rent in advance from Frey in the amount of $6120. tt was credited in full to Deferred Revenue when collected. The d. The store purchased delivery equipment at the beginning of the year. The estimated depreciation for 2018 is $1,200, although none e. On December 31, 2018, the unadjusted balance in Prepaid Insurance was $2,520. This was the amount paid in the middle of the f Jaworski's store did some ski repair work for Frey. At the end of December 31, 2018, Frey had not paid for work completed unadjusted balance in Rent Revenue was $0 at December 31, 2018 has been recorded yet. year for a two-year insurance policy with coverage beginning on July 1, 2018 amounting to $670. This amount has not yet been recorded as Service Revenue. Collection is expected during January 2019 Required: For each situation, prepare the adjusting journal entry that Jaworskl's should record at December 31, 2018. (lf no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) view transaction list Journal entry worksheet Record the adjusting entry for supplies. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal
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