Exercise 10-17 Part 2

a. Unpaid utilities for the month of January are $6,400. b. Supplies at the end of January total $5,300. c. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $10,200. d. Accrued income taxes at the end of January are $2,200. 2. Record the adjusting entries on January 31, 2018 for the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Exercise 10-17 Part 2 a. Unpaid utilities for the month of January are $6,400. b. Supplies at the end of January total $5,300. c. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $10,200. d. Accrued income taxes at the end of January are $2,200. 2. Record the adjusting entries on January 31, 2018 for the above transactions. (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field.) view transactionlist view general journal Journal Entry Worksheet 2 3 4 Unpaid utilities for the month of January are $6,400. General Journal Debit credit Date January 31 *Enter debits before credits record entry done clear entry