Further the question continued 6. invoices representing $8000 of services performed during the month have not been recorded.a) Prepare the adjusting entries for the month Juneb) Using T accounts enter the totals from the trial balance as beginning account balances and then post the adjusting entries to the ledger accounts.

Home Search Bookshelf Settings - Page 20 PSA3.1 Prepare adjusting entries, post to ledger accounts, and prepare adjusted trial balance. LO3, 4, 5 Ewok Lid began operations on 1 May 2019. The trial balance at 30 June is as follows. EWOK LTD Trial balance as at 30 June 2019 No. Account name Debit Credit 100 Cash $ 34 560 104 Accounts receivable 26 040 112 Prepaid insurance 9 600 113 Supplies 13 600 130 Office equipment 86 400 200 Accounts payable $ 19 800 213 Service revenue received in advance 4 800 300 Share capital 100 000 400 Service revenue 76 600 500 Salaries expense 23 800 510 Rent expense 7 200 $ 201 200 $ 201 200 In addition to those accounts listed on the trial balance, the chart of accounts for Ewok Ltd also contains the following accounts: 131 Accumulated depreciation-office equipment, 218 Electricity payable, 215 Salaries payable, 520 Depreciation expense, 515 Insurance expense, 530 Electricity expense, and 505 Supplies expense. Other data: 1. Supplies on hand at 30 June total $7200. 2. An electricity bill for $1200 has not been recorded and will not be paid until next month. 3. The insurance policy is for a year, commencing 1 May 2019. 4. Services were performed during the period in relation to $3000 of revenue received in advance. 5. Salaries of $6400 are owed at 30 June. T Loading Microsoft .. ProQuest Ebook Ce... W Document1 - Word W 2 - Compatibility