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Can anybody help me with these? The unadjusted trial balance for Monty Corp. is shown below. MONTY CORP. Trial Balance October 31,2017 Debit Credit $15,330
Can anybody help me with these?
The unadjusted trial balance for Monty Corp. is shown below. MONTY CORP. Trial Balance October 31,2017 Debit Credit $15,330 Cash Supplies 2,750 Prepaid Insurance 750 Equipment 4,760 $4,760 Notes Payable Accounts Payable 2,300 Unearned Service Revenue 1,720 Common Stock 11.510 Retained Earnings C Dividends 540 Service Revenue 13,360 Salaries and Wages Expense 4,000 Rent Expense 5,520 $33,650 $33,650 Assume the following adjustment data. Supplies on hand at October 31 total $690. 1. Expired insurance for the month is $125. 2. Depreciation for the month is $60. 3. As of October 31, services worth $930 related to the previously recorded unearned revenue had been performed. 4. Services performed but unbilled (and no receivable has been recorded) at October 31 are $260. 5. Interest expense accrued at October 31 is $85 6. Accrued salaries at October 31 are $1,570. 7. Prepare the adjusting entries for the items above. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit No. Date Oct. 31 2 Oct. 31 Oct. 31 Oct. 31 5 Oct. 31 6. Oct. 31 7. Oct. 31Step by Step Solution
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