B The adjustments columns of the worksheet for Ivanhoe Company are shown below. Account Titles Accounts Receivable Prepaid Insurance Accumulated Depreciation-Equipment Salaries and Wages Payable Service Revenue Salaries and Wages Expense Insurance Expense Depreciation Expense Adjustments Debit 1,240 520 490 1,000 3,250 252 254 MILE SAAVEDEN NO TENGER A BUSNE TRES BHOMIN 25 Credit 1,000 490 1,240 112345 520 3,250 2560 T SE 2007-

The adjustments columns of the worksheet for Ivanhoe Company are shown below. Adjustments Prepaid Insurance Accumulated Depreciation-Equipment Salaries and Wages Payable Service Revenue Salaries and Wages Expense Insurance Expense Depreciation Expense 490 1,000 520 1,240 520 490 3,2501,0003,250 Account Titles and Explanation Debit Credit (To record service revenue on account) (To record expired insurance) (To record depreciation) (To record expired insurance) (To record depreciation) (To record accrued salaries)