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Salem State University BERTO LON Acc 106, Sections 01 and 02 Accounting-Spring 2017 nting, Spring 2017Q Financial Accou Prior to adjusting entries being booked, selected
Salem State University BERTO LON Acc 106, Sections 01 and 02 Accounting-Spring 2017 nting, Spring 2017Q Financial Accou Prior to adjusting entries being booked, selected accounts of the U Foods Company showed the following balances at year end, December 31 Hint: Distinguish expense accounts from balance sheet accounts. This is not a complete list and in some instances, the data you have below is not need to do. Don't get confused necessary to do what you wi $2,200 debit Prepaid advertising 43,800 debit Wages expense 5,420 debit Prepaid insurance 5,400 credit Unearned service fees Service fees earned 87,000 credit 4,900 credi Rental Show the adjusting entries made on December 31st assuming the following 1. The actual prepaid advertising asset balance at December 31 is $800 (hint: the difference between the unadjusted trial balance amount and actual ending balances represents advertising "consumed" during the period) Account Title Debit amount Credit amount 2. Unpaid wages earned by employees in December amount to$1700 Account Title Debit amount Credit amount
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