Empire Bakers accumulates the following adjustment data on December 31, Indicate (a) the type of adjustment (prepaid expense, accrued revenues, and so on) and (b) the accounts before adjustment (overstated or understated). Prepaid supplies of $800 are used. $600 worth of kitchen equipment has not been depreciated. Interest of $450 has accumulated on a note payable. $100 of the $600 insurance premium paid has been used. Professional Design Company specializes in uniform design for foodservices trail balance on December 31 shows Supplies $9,000 and Supplies Expense $0. On December 31there are $2,000 of supplies on hand. Prepare the adjusting entry at December 31; and, using accounts enter the balances in the accounts, post the adjusting entry, and Indicate the adjusted balance in each account. The bookkeeper for Royal cruises asks you to Prepare the following accrued adjusting entries at December 31. Interest on notes payable of $500 is accrued. Services provided but unbilled total $2520. Salaries earned by employees of $1, 800 have not been recorded. Use the following account titles Revenue, Accounts Receivable, Interest Expense Interest Payable, Salaries Expense, and Salaries Payable. The trial balance of Hawaiian Catering Company includes the following balance sheet accounts. Identify the accounts that require adjustment. For each account that requires adjustment, indicate (a) the type of adjusting entry (prepaid expenses, unearned revenues accrued revenues, and accrued expenses) and (b) the related account in the adjusting entry. Accounts Receivable Interest Payable Prepaid Insurance Unearned Service Revenue Accumulated Depreciation-Equipment Pho Saigon Noodles and Catering accumulates the following adjustment data December 31. Services provided but unbilled total $750. Food supplies of $300 have been used. Utility expenses of $300 are unpaid. Unearned revenue of $450 has been earned. Salaries of $1,000 are unpaid. Prepaid insurance totaling $445 has expired. For each of the above items, indicate the following. The type of adjustment (prepaid expense, unearned revenue, accrued revenue, or accrued expense). The accounts before adjustment (overstatement or understatement). Spring River Resort Inc. opened for business on June 1 with eight air-conditioned units Its trial balance before adjustment on August 31 as follows