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An accountant made the following adjustments at December 31, the end of the accounting period: (Click the icon to view the adjustments.) Read the requirements.
An accountant made the following adjustments at December 31, the end of the accounting period: (Click the icon to view the adjustments.) Read the requirements. Requirement 1. Journalize the adjusting entries (Record debits first, then credits. Exclude explanations from any journal entries.) a. Prepaid insurance, beginning, $700. Payments for insurance during the period, 52,800. Prepaid insurance, ending, $500. Journal Entry Credit Accounts Insurance Expense Debit $3000 a. Prepaid Insurance $3000 b. Interest revenue accrued, $2,400 Journal Entry Accounts Interest Receivable Credit Debit $2400 b. Interest Revenue $2400 c. Unearned service revenue, beginning, $1,600. Unearned service revenue, ending, $400. Journal Entry Accounts Uneared Service Revenue Debit Credit S1200 Service Revenue $1200 d. Depreciation on building, 55,200 Journal Entry Accounts Depreciation Expense Credit Debit $5200 d. Accumulated Depreciation S5200 e. Employees salaries owed for two days of a five-day work week, weekly payroll $20,000 Choose from any list or enter any number in the input fields and then continue to the next
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