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Adjustment data: 1. The amount of depreciation is $140. 2. Insurance expired $460. 3. Income tax expense was $250. It was unpaid at December 31
Adjustment data: 1. The amount of depreciation is $140. 2. Insurance expired $460. 3. Income tax expense was $250. It was unpaid at December 31 . Journalize the adjusting entries resulting from the bank reconciliation and adjustment data. (Credit account titles are outomatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 (To record electric funds transfer received) 31 (To record NSF check) 31 (To record depreciation expense) 31 (To record insurance expense) (To record depreciation expense) 31 (To record insurance expense) 31 (To record income tax expense)
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