led Assignment

Part $1$ of $7$

Points: $0$ of $1$

The accounting records of Bryant Architects include the following selected, unadjusted balances at March $31$ : Accounts Receivable, $$1,300$; Supplies, $$1,100$; Prepaid Rent, $$1,200$; Equipment, $$11,000$; Accumulated Depreciation$-$Equipment, $$0,$ Salaries Payable, $$0$; Unearned Revenue, $$1,000$; Service Revenue, $$4,900$; Salaries Expense, $$1,300$; Supplies Expense, $$0$; Rent Expense, $$0$; Depreciation Expense$-$Equipment, $$0.($Assume all balances are normal balances.$)$ The data developed for the March $31$ adjusting entries are as follows:

View the data.

Read the requirements.

Requirement $1.$ Journalize the adjusting entries using the letter and March $31$ date in the date column. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

a$.$ Service revenue accrued, $$400.$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[($a$)$ Mar. $31,,,],[,,,],[,,,]]$

Requirements

Journalize the adjusting entries using the letter and March $31$ date in the date column.

Post the adjustments to the $T-$accounts opened for you, entering each adjustment by letter. Show each account's adjusted balance.

Data

a$.$ Service revenue accrued, $$400.$

b$.$ Unearned revenue that has been earned, $$500.$

c$.$ Supplies on hand, $$200.$

d$.$ Salaries owed to employees, $$300.$

e$.$ One month of prepaid rent has expired, $$600.$

f$.$ Depreciation on equipment, $$165.$