BA2223 Blm 6 Homework: CHAPTER 3 HOMEWORK Score: 0 16 of 1 pt 1 of 1 (1 complete) XP3-42B (similar to) The unadjusted trial balance of Maysville Inn Company at December 31, 2016, and the data needed for the adjustments follow (Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjustment data) Read the requirements Requirements Requirement. Gonzo ule adjusting entries. (Record debits first, then credits Select the explanation on the last line of the journal entry table a. As of December 31. Maysville had $300 of Prepaid Insurance remaining. Date Accounts and Explanation Debit Credit ay Dec 31 Choose from any lenteratty domber is the lopidields and then click Check Answer CN credits. Select the explanation on the last line of the journal entry table.) i Requirements 1. Journalize the adjusting entries on December 31. 2. The four-column ledger accounts have been opened for you using the unadjusted trial balance. Post the adjusting entries to the ledger accounts. 3. Prepare the adjusted trial balance. 4. Assuming the adjusted trial balance total debits equals total credits, does this mean that the adjusting entries have been recorded correctly? Explain. Print Done click Check Answer Clear All Hits. i More Info Adjustment data at December 31 follow: a. As of December 31, Maysville had $300 of Prepaid Insurance remaining. b. At the end of the month, Maysville had $900 of office supplies remaining. C. Depreciation on the building is $2,600. d. Maysville pays its employees weekly on Friday. Its employees earn $1,800 for a five-day workweek. December 31 falls on Wednesday this year. e. On November 20, Maysville contracted to perform services for a client receiving $2,000 in advance. Maysville recorded this receipt of cash as Unearned Revenue. As of December 31, Maysville has $1,600 still unearned. Print Done 2010, dll icon to view en credits. S ng 10,800 13,800 4,100 1,300 380,000 $ 180,000 1,710 Cash Accounts Receivable Prepaid Insurance Office Supplies Building Accumulated Depreciation Building Accounts Payable Salaries Payable Unearned Revenue Calamia, Capital Calamia, Withdrawals Service Revenue Salaries Expense Insurance Expense Depreciation Expense Building Advertising Expense Supplies Expense 2.000 217 320 2,180 15,200 3.100 950 S 416,230 $ 416,230 Total click Ched Print Done