Question
JESSAGE MY INSTRUCTOR The trial balances before and after adjustment for Splish Brothers Inc. at the end of its fiscal year are presented below. Splish
JESSAGE MY INSTRUCTOR The trial balances before and after adjustment for Splish Brothers Inc. at the end of its fiscal year are presented below. Splish Brothers Inc. Trial Balance August 31, 2020 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $10,500 $10,500. Accounts Receivable 8,600 9,800 Supplies 2,400 500 Prepaid Insurance 4,000 2,700 Equipment 12,900 12,900 Accumulated Depreciation-Equipment $3,400 $ 4,300 Accounts Payable 5,700 Salaries and Wages Payable 0 Unearned Rent Revenue 1,400 Common Stock 11,100 11,100 Retained Earnings 3,600 3,600 Service Revenue 34,200 35,400 Rent Revenue 11,100 11,900 Salaries and Wages Expense Supplies Expense Rent Expense 16,900 0 15,200 18,400 1,900. 15,200 5,700 1,500 600 4 FUI Rent Expense Insurance Expense Depreciation Expense 15,200 15,200 0 1,300 0 900 $70,500 $70,500 $74,100 $74,100 INSTRUCTUR FULL SCREEN PRINTER VERSION Prepare the adjusting entries that were made. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Aug. 31 Aug. 31 Aug. 31 (To record accrued revenue) (To record supplies used) (To record expired insurance) Aug. 31 (10 record depreciation) Aug. 31 (To record accrued salaries) (To record rent earned)
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