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CP 3-7 The following are general ledger accounts extracted from the records of Bernard Inc. at December 31, 2019, its year-end (UB' = unadjusted balance):
CP 3-7 The following are general ledger accounts extracted from the records of Bernard Inc. at December 31, 2019, its year-end (UB' = unadjusted balance): Prepaid Advertising UB 1,000 160 500 Accounts Payable UB Common Stock 320 8,000 UB 210 15,000 200 100 400 800 Unused Supplies 750 Subscription Revenue 480 5,000 173 400 UB Advertising Expense 500 610 Salaries Payable Equipment UB 21,750 183 226 700 Unearned Subscription Revenue 250 5,000 UB 10,000 Commissions Expense UB 800 615 Acc. Dep'n- Equip. 193 1,500 250 Dep'n Expense - Equip. 623 250 641 Maintenance Expense 200 656 Salaries Expense UB 9,500 700 688 Supplies Expense UB 2,500 400 669 Telephone Expense 100 676 Utilities Expense 400 Required: Prepare in general journal format the adjusting entries that were posted. Include general ledger account and plausible descriptions
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