Prepaid Insurance May 5 4,300 1,250 Wages Payable 5,400 Unearned Sales Revenue May 10 9,500 2,250 Interest Receivable 825 Required Analyze each account and recreate the journal entries that were made For deferrals, be sure to include the original journal entry as well as the adjusting journal entry Month end is May 31, 2019 CHART OF ACCOUNTS Gardner Company General Ledger ASSETS 111 Cash 121 Accounts Receivable 122 Notes Receivable 123 Supplies 124 Prepaid Insurance 125 Prepaid Rent 126 Inventory 127 Interest Receivable 130 Investment 131 Land 132 Buildings 133 Equipment 134 Furniture 135 Trucks 139 Accumulated Depreciation LIABILITIES 211 Accounts Payable 212 Notes Payable 213 Income Taxes Payable 214 Wages Payable 215 Utilities Payable 216 Insurance Payable 217 Rent Payable 221 Interest Payable 222 Unearned Service Revenue 223 Unearned Rent Revenue 231 Unearned Sales Revenue EQUITY 311 Common Stock 321 Retained Earnings 331 Dividends 350 Income Summary REVENUE 411 Sales Revenue 412 Service Revenue 413 Interest Income 414 Rent Revenue EXPENSES 511 Cost of Goods Sold 512 Advertising Expense 513 Supplies Expense 514 Utilities Expense 515 Rent Expense 516 Insurance Expense 521 Wages Expense 531 Interest Expense 532 Depreciation Expense 541 Income Taxes Expense

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Prepaid Insurance May 5 4,300 ? 1,250 Wages Payable ? 5,400 Unearned Sales Revenue May 10 9,500 ? 2,250 Interest Receivable ? 825 Required: Analyze

Prepaid Insurance
May 5	4,300
		?
	1,250

Wages Payable
			?
			5,400

Unearned Sales Revenue
		May 10	9,500
	?
			2,250

Interest Receivable
	?
	825

Required:

Analyze each account and recreate the journal entries that were made. For deferrals, be sure to include the original journal entry as well as the adjusting journal entry. Month end is May 31, 2019.

CHART OF ACCOUNTS

Gardner Company

General Ledger

	ASSETS
111	Cash
121	Accounts Receivable
122	Notes Receivable
123	Supplies
124	Prepaid Insurance
125	Prepaid Rent
126	Inventory
127	Interest Receivable
130	Investment
131	Land
132	Buildings
133	Equipment
134	Furniture
135	Trucks
139	Accumulated Depreciation

	LIABILITIES
211	Accounts Payable
212	Notes Payable
213	Income Taxes Payable
214	Wages Payable
215	Utilities Payable
216	Insurance Payable
217	Rent Payable
221	Interest Payable
222	Unearned Service Revenue
223	Unearned Rent Revenue
231	Unearned Sales Revenue

	EQUITY
311	Common Stock
321	Retained Earnings
331	Dividends
350	Income Summary

	REVENUE
411	Sales Revenue
412	Service Revenue
413	Interest Income
414	Rent Revenue

	EXPENSES
511	Cost of Goods Sold
512	Advertising Expense
513	Supplies Expense
514	Utilities Expense
515	Rent Expense
516	Insurance Expense
521	Wages Expense
531	Interest Expense
532	Depreciation Expense
541	Income Taxes Expense