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Ahsan Incorporated began operation on January 1, 2021 and March 31, the trial balance shows the following balances. Ahsan Incorporated Trial Balance as at March
Ahsan Incorporated began operation on January 1, 2021 and March 31, the trial balance shows the following balances. Ahsan Incorporated Trial Balance as at March 31, 2021 Accounts title Debit Credit Cash 13,500 3,100 2,400 Supplies Prepaid insurance Equipment Accumulated depreciation - Equipment 27,000 4,500 4,700 Unearned service revenue 26,800 Owner's capital 10.000 Service revenue 46,000 46,000 Totals Analysis reveals the following additional information: 1. A physical count of supplies revealed AED 1,950 on hand on March 31. 2. Insurance expires at the rate of AED200 per month 3. Equipment has been depreciated AED450 per month 4. The amount of unearned service revenue that remains unearned at March 31 is AED850. 5. Invoices of AED 1,700 of service performed during the month have not recorded as of March 31. 4. The amount of unearned service revenue that remains unearned at Marth 31s AED850 5. Invoices of AED 1,700 of service performed during the month have not recorded as of March 31. REQUIRED: a) Journalize adjusting entries for the month of March 15 Marts FT: !!! IL Journal Entries Date Description Debit Credit
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