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at receive Imber 31 - i Requirements 1. Journalize the adjusting entries on December 31. 2. The T-accounts, along with their unadjusted balances have been
at receive Imber 31 - i Requirements 1. Journalize the adjusting entries on December 31. 2. The T-accounts, along with their unadjusted balances have been opened for you. Post the adjusting entries to the T-accounts. 3. Prepare the adjusted trial balance. 4. How will Avery Air Purification System use the adjusted trial balance? Prepaid aid on D: Print Done Data Table Avery Air Purification System Unadjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 7,800 Accounts Receivable 19,100 2,200 1,700 19,900 Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue $ 4,200 pal 3,700 3,200 39,200 Common Stock Dividends 9,600 Print Done nt Data Table 2,200 1,700 19,900 Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Uneamed Revenue $ 4,200 3,700 3,200 39,200 Common Stock Dividends Service Revenue 9,600 15,700 4,000 Salaries Expense Rent Expense Depreciation Expense-Equipment Advertising Expense Supplies Expense 1,700 Total $ 66,000 $ 66,000 Print Done W P N GE More Info ht B1. Aver Adjustment data at December 31 follow: a. On December 15, Avery contracted to perform services for a client receiving $3,200 in advance. Avery recorded this receipt of cash as Unearned Revenue. As of December 31, Avery has completed $1,300 of the services. b. Avery prepaid two months of rent on December 1. (Assume the Prepaid Rent balance as shown on the unadjusted trial balance represents the two months of rent prepaid on December 1.) C. Avery used $600 of office supplies. d. Depreciation for the equipment is $600. e. Avery received a bill for December's online advertising, $850. Avery will not pay the bill until January. (Use Accounts Payable.) f. Avery pays its employees on Monday for the previous week's wages. Its employees earn $4,000 for a five-day workweek. December 31 falls on Wednesday this year. g. On October 1, Avery agreed to provide a four-month air system check (beginning October 1) for a customer for $1,600. Avery has completed the system check every month, but payment has not yet been received and no entries have been made. Decembe Pre Print Done
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