January 31	The company has collected $700 cash for sales taxes from its customers this month, but the taxes aren't due to the state until the end of the quarter		$ 700
March 31	An end-of-quarter physical inventory discovers $300 worth of parts has mysteriously gone missing		300
April 7	A review of the company's bank statement reveals $73 of interest earned that has not been recorded		73
April 30	Salaries are paid bi-weekly. Employees have earned $1500 that will not be paid until the next May pay period.		1,500
May 31	Five months has been consumed on a one-year pre-paid insurance policy intially worth $3,600		1,500

Journal
Date	Account		Debit	Credit
Jan 31			$
				$
March 31			$
				$
April 7			$
				$
April 30			$
				$
May 31			$
				$