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Cash $15,480 Supplies 3,000 Prepaid Insurance 660 Equipment 4,550 Notes Payable $4,550 Accounts Payable 2,110 Unearned Service Revenue 1,920 Common Stock 10,280 Retained Earnings
Cash $15,480 Supplies 3,000 Prepaid Insurance 660 Equipment 4,550 Notes Payable $4,550 Accounts Payable 2,110 Unearned Service Revenue 1,920 Common Stock 10,280 Retained Earnings 0 Dividends 630 Service Revenue 10,600 Salaries and Wages Expense 4,000 Rent Expense 1,140 $29,460 $29,460 Assume the following adjustment data. 1. Supplies on hand at October 31 total $670. 2. Expired insurance for the month is $110. Depreciation for the month is $105. 3. As of October 31, services worth $930 related to the previously recorded unearned revenue had been 4. 5. Services performed but unbilled (and no receivable has been recorded) at October 31 are $330. 6. Interest expense accrued at October 31 is $80. 7. Accrued salaries at October 31 are $1,560. No. Date Account Titles and Explanation Debit Credit 1. Oct. 31 2. Oct. 31 3. Oct. 31 4. Oct. 31 5. Oct. 31 5. Oct. 31 6. Oct. 31 7. Oct. 31
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