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Jack's Construction R US Unadjusted Trial Balance March 31, 2019 Unadjusted Trial Balance Account Name Debits Credits Cash 123,650 Accounts Receivable 15,900 Construction Supplies 575

Jack's Construction R US
Unadjusted Trial Balance
March 31, 2019 Unadjusted Trial Balance
Account Name Debits Credits
Cash 123,650
Accounts Receivable 15,900
Construction Supplies 575
Prepaid Insurance 15,000
Trucks 75,840
Accumulated Depr - Trucks 13,400
Accounts Payable 29,700
Unearned Construction Revenue 15,000
Common Stock 25,000
Dividends 20,000
Retained Earnings 37,220
Construction Revenue 263,400
Salaries Expense 74,650
Depreciation Exp - Trucks 15,125
Insurance Expense 42,980
Totals 383,720 383,720

Prepare the following adjusting journal entry:

The company had three (3) unfinished (unearned) jobs in February; two (2) were completed in March.

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