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P4A-33A (similar to) The unadjusted trial balance and adjustment data of Murial's Motors at December 31, 2016, follow: B (Click the icon to view the
P4A-33A (similar to) The unadjusted trial balance and adjustment data of Murial's Motors at December 31, 2016, follow: B (Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjusting data.) 2017 transactions: a. On January 4, Murial's Motors paid wages of $1,800. Of this, $1,000 related to the accrued wages recorded on December 31. b. On January 10, Murial's Motors received $1,000 for Service Revenue. Of this, $600 is related to the accrued Service Revenue recorded on December 31. Read the requirements Requirement 1. Journalize adjusting entries. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Depreciation on equipment, $1,400 Date X Accounts and Explanation Debit Credit Data Table Dec. 31 Adj. (a) Requirements - X 1. Journalize adjusting entries. 2. Journalize reversing entries for the appropriate adjusting entries. 3. Refer to the 2017 data. Journalize the cash payment and the cash receipt that occurred in 2017. Print Done Murial Motors Unadjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit Cash $ 4,500 Accounts Receivable 26,500 Office Supplies 1,600 Prepaid Insurance 2,200 Equipment 52,600 Accumulated Depreciation Equipment $ 36,800 Accounts Payable 13,400 Wages Payable Unearned Revenue 8,800 Murial, Capital Murial, Withdrawals 4,100 Service Revenue 15,400 Depreciation Expense-Equipment Wages Expense 1,900 Insurance Expense Utilities Expense 1,000 Supplies Expense 94,400 $ 94,400 Total More Info x 20,000 Adjustment data at December 31, 2016: a. Depreciation on equipment, $1,400. b Accrued Wages Expense, $1,000. c. Office Supplies on hand, $600. d. Prepaid Insurance expired during December, $1,000 e. Unearned Revenue earned during December, $4,300. f. Accrued Service Revenue, $600. Print Done wer. Print Done 13 parts remaining
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