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Round Space is owned by Matthew Ashmore. At the end of November 2 0 2 2 , they had the following adjustments. table [
Round Space is owned by Matthew Ashmore. At the end of November they had the following adjustments.
tabletableNovInterest of $ had accrued on the bank loan.tableNovThe balance of prepaid insurance is for a month policy, one month of insurance has been used.tableNovDuring November, Round Space earned $ of unearned revenue.tableNovtableThe computers were purchased on November and have an expected useful life of five years, after which they willhave no residual value. Record depreciation for November
Required
Using the following trial balance, complete the adjustments and the adjusted trial balance in the worksheet.
Do not enter dollar signs or commas in the input boxes.
tabletableRound SpWorksheJember Unadjusted TI Balance,,,Adjust,alanceAccountDRCRDRCRDRCRCashAccounts Receivable,Prepaid Insurance,ComputersAccumulated Depreciat,,,,,,Accounts Payable,,Interest Payable,,,,,,Unearned Revenue,,Bank Loan,,Ashmore Capital,,Ashmore Withdrawals,Service Revenue,,Depreciation Expense,,,,,,Insurance Expense,,,,,,Interest Expense,,,,,,Rent Expense,Telephone Expense,Total
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