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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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