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Adjusting Entries Good Note Company specializes in the repair of music equipment and is owned and operated by Robin Stahl. On November 30, 2019, the

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Adjusting Entries Good Note Company specializes in the repair of music equipment and is owned and operated by Robin Stahl. On November 30, 2019, the end of the current year, the accountant for Good Note prepared the following trial balances: Good Note Company Trial Balance November 30, 2019 Unadjusted Adjusted Debit Credit Debit Credit Balances Balances Balances Balances Cash 31,840 31,840 91,230 91,230 9,470 2,940 12,050 2,290 500,700 500,700 Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Automobiles Accumulated Depreciation-Automobiles Accounts Payable Salaries Payable 78,750 88,990 95,530 95,530 45,610 47,890 20,650 21,480 6,450 Unearned Service Fees 15,060 4,470 482,000 482,000 62,390 62,390 662,020 672,610 430,310 436,760 Robin Stahl, Capital Robin Stahl, Drawing Service Fees Earned Salary Expense Rent Expense Supplies Expense Depreciation Expense-Equipment Depreciation Expense-Automobiles 44,750 44,750 6,530 10,240 2,280 Utilities Expense 10,760 11,590 6,880 6,880 Taxes Expense Insurance Expense Miscellaneous Expense 9,760 8,180 8,180 1,304,090 1,304,090 1,323,890 1,323,890 2019 Nov.30 30 30 30 30 30

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