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adjusting entries Puma Sports Apparel Company records prepaid assets and unearned revenues in the statement of financial position accounts. The following information was used to

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Puma Sports Apparel Company records prepaid assets and unearned revenues in the statement of financial position accounts. The following information was used to prepare adjusting entries for Puma's as of August 31, the end of the company's fiscal year: Chart of Account Accounts Receivable Prepaid Insurance Accumulated Depreciation Salary Payable Unearned Revenue Service Revenue Insurance Expense Depreciation Expense Salary Expense Prepare any necessary reversing entries for accounting adjustments a through e assuming Puma uses reversing entries in its accounting system, Employees have earned but not been paid salaries of P 54.000. Debit Credit

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