Exercise 3-09

The trial balance for Pioneer Advertising is shown below.

Pioneer Advertising Trial Balance October 31, 2017
	Debit		Credit
Cash	$15,200
Supplies	2,500
Prepaid Insurance	600
Equipment	5,000
Notes Payable			$5,000
Accounts Payable			2,500
Unearned Service Revenue			1,200
Owners Capital			10,000
Owners Drawings	500
Service Revenue			10,000
Salaries and Wages Expense	4,000
Rent Expense	900
	$28,700		$28,700

Assume the following adjustment data.

1.		Supplies on hand at October 31 total $500.
2.		Expired insurance for the month is $120.
3.		Depreciation for the month is $50.
4.		Services related to unearned service revenue in October worth $600 were performed.
5.		Services performed but not recorded at October 31 are $360.
6.		Interest accrued at October 31 is $95.
7.		Accrued salaries at October 31 are $1,625.

Prepare the adjusting entries for the items above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

No.	Date	Account Titles and Explanation	Debit	Credit
1.	Oct. 31
2.	Oct. 31
3.	Oct. 31
4.	Oct. 31
5.	Oct. 31
6.	Oct. 31
7.	Oct. 31