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On December 31, adjusting information for Bridgeport Corp. is as follows: 1. Estimated depreciation on equipment is $3,080 2. Property taxes amounting to $2.790
On December 31, adjusting information for Bridgeport Corp. is as follows: 1. Estimated depreciation on equipment is $3,080 2. Property taxes amounting to $2.790 have been incurred but are unrecorded and unpaid. 3. Employee wages that have been earned by employees but are unpaid and unrecorded amount to $3,960. 4. The Service Revenue account includes amounts that have been paid by customers for services that have not yet been completed. The amount has been determined to be 55,870 5. Interest of $135 on a $25,000 note payable has not been recorded or paid. Prepare the adjusting entries. (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 O for the amounts.)
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