Question
(e) Post adjusting entries to the T-accounts. Cash 3/1 15,900 3/1 8,500 3/1 6,600 3/2 1,500 3/21 1,700 3/3 2,400 3/18 530 3/20 1,860
(e) Post adjusting entries to the T-accounts. Cash 3/1 15,900 3/1 8,500 3/1 6,600 3/2 1,500 3/21 1,700 3/3 2,400 3/18 530 3/20 1,860 3/31 370 3/31 3/31 Bal. 8,090 Accounts Receivable 3/14 3/28 Supplies 3/6 Prepaid Rent 3/2 Prepaid Insurance 3/3 Equipment 3/1 3/31 Bal. 8,500 8,500 Accumulated Depreciation-Equipment Notes Payable 3,920 3/21 1,700 4,450 2,120 1,500 2,400 3/1 6,600 3/31 Bal. 6,600 Accounts Payable 3/18 530 3/6 2,120 3/31 Bal. 1.590 Salaries and Wages Payable Interest Payable Common Stock Dividends 3/31 Service Revenue Maintenance and Repairs Expense 3/31 Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense 3/20 Rent Expense Interest Expense 950 370 3/1 15,900 3/31 Bal 15,900 1,860 3/14 3,920 3/28 4,450 Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) 1. Services performed but unbilled and uncollected at March 31 was $210. 2. Depreciation on equipment for the month was $270. 3. One-sixth of the insurance expired. 4. An inventory count shows $300 of cleaning supplies on hand at March 31. 5. Accrued but unpaid employee salaries were $1,140. 6. One month of the prepaid rent has expired. 7. One month of interest expense related to the note payable has accrued and will be paid April 1. Date Account Titles and Explanation Mar. 31 Accounts Receivable Service Revenue 1ar. 31 Depreciation Expense Accumulated Depreciation-Equipment 1ar. 31 Insurance Expense Prepaid Insurance 1ar. 31 Supplies Expense Supplies Mar. 31 Salaries and Wages Expense Salaries and Wages Payable 1ar. 31 Rent Expense Prepaid Rent 1ar. 31 Interest Expense Interest Payable Debit 210 270 400 1820 1140 500 33 Credit 210 270 400 1820 1140 500 33
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