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Journalize and post the following July 31 adjustments: (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry
Journalize and post the following July 31 adjustments: (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to O decimal places, eg. 5,276.) 1. Services of $2,300 were provided but remained unbilled and uncollected at July 31. 2. The truck has an estimated useful life of five years. 3. One twelfth of the insurance expired. 4. An inventory count shows $700 of supplies on hand at July 31. 5. Accrued but unpaid employee salaries were $1,100. 6. The note payable has a 6% annual interest rate. Date Account Titles and Explanation Debit Credit July 31 Service Revenue (To accrue revenue earned but not billed or collected) 200
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