Question 1

The trial balances before and after adjustment for Blossom Company at October 31, 2021, which is the end of its scal year, are as follows: Before Adjustment After Adjustment Debit Credit Debit Credit Cash $9,300 $9,300 Accounts Receivable 8,805 9,330 Supplies 2,555 650 Prepaid Insurance 3,850 2,585 Equipment 34,150 34,150 Accumulated DepreciationEquipment $3,415 $5,640 Accounts Payable 5,885 5,885 Notes Payable 39,830 39,830 Salaries Payable 0 1,225 Interest Payable 0 415 Unearned Revenue 1,540 890 E. Blossom, Capital 5,760 5,760 E. Blossom, Drawings 10,030 10,030 Service Revenue Depreciation Expense Insurance Expense Interest Expense Rent Expense Salaries Expense Supplies Expense Totals 1,245 14,615 16,725 0 $101,275 44,845 $101,275 2,225 1,265 1,660 14,615 17,950 1,905 $105,665 46,020 $105,665 (a) Prepare the adjusting entries that were made. (Credit account titles are automatically indented when amount is entered. Do not indent manually. lf no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Oct. 31 Oct. 3 1 Oct. 3 1 Account Titles and Explanation Service Revenue ' Service Revenue I (To accrue revenue for services performed but not billed or collected.) (To record supplies used.) (To record insurance expired.) Debit 46020 Credit : ' 46020 Oct. 31 (To record depreciation expense.) Oct. 31 (To record accrued salaries.) Oct. 31 (To accrue interest expense.) Oct. 31 (To record revenue for services performed.)