Save = Homework: Practice Set .... Question 1, PSF3-46 (si... HW Score: 0%, 0 of 20 points Part 1018 Points: 0 of 20 Consider the following transactional data for the first month of operations for Clear Up Cleaning Click the icon to view the transactions) Start from the unadjusted trial balance that Cloar Up Cleaning prepared at November 30, 2024, and consider the following adjustment data Click the icon to view the unadjusted trial balance) Click the icon to view the adjustment data) Read the requirements Requirement 1. Prepare all required adjusting journal entries at November 30 (Record debits first the credits. Select the explanation on the last line of the journal entry table) Cleaning supplies on hand at the end of November wore $120. Propare the required adjusting journal entry Date Accounts and Explanation Debit Credit NOV 30 Clear All Check Answer e Text Pages Calculator Get More Help Type here to search ot 199 Nov. 1 Jack Hovey contributed $35,000 and a truck, with a market value of $9.000 to the business in exchange for capital Nov. 2 The business paid $1,200 to Pricey Properties for November through February rent (Debit Prepaid Rent) Nov. 3 Paid $1,200 for a business insurance policy for the term November 1, 2024 through October 31, 2025. (Debit Prepaid Insurance) Nov. 4 Purchased cleaning supplies on account $200 Nov.5 Purchased on account an industrial vacuum cleaner costing $4,500. The invoice is payable November 25. Nov. 7 Paid $2,100 for a computer and printer Nov. 9 Performed cleaning services on account in the amount of $4,800 Nov. 10 Received $1,400 for services rendered on November 9. Nov. 15 Paid employees, $300. Nov. 16 Received $33,000 for a 1-year contract beginning November 16 for cleaning services to be provided Contract begins November 16, 2024 and ends November 15, 2025. (Credit Unearned Revenue) Nov. 17 Provided cleaning services and received $300 cash. Alan 10 Dindtility bill for anith a due data of Docambar Le Print Done Nov. 16 Received $33,000 for a 1-year contract beginning November 16 for cleaning services to be provided Contract begins November 16, 2024, and ends November 15, 2025. (Credit Unearned Revenue) Nov. 17 Provided cleaning services and received $300 cash. Nov. 18 Received a utility bill for $300 with a due date of December 4, 2024. (Use Accounts Payable) Nov. 20 Borrowed $90,000 from bank with interest rate of 3% per year. Nov. 21 Received $700 on account for services performed on November 9 Nov. 25 Paid $2,250 on account for vacuum cleaner purchased on November 5. Nov. 29 Paid $600 for advertising. Nov. 30 Hovey withdrew cash of $1,500 from the business Print Done Clear All Check Answ Clear Up Cleaning Unadjusted Trial Balance November 30, 2024 Account Title Balance Debit Credit Cash $ 151,250 Accounts Receivable 2,700 Cleaning Supplies 200 Prepaid Rent 1,200 Prepaid Insurance Equipment 1,200 6,600 Truck 9,000 Accounts Payable $ 2.750 Unearned Revenue 33,000 Print Done Clear All riepalu REM 1,LVU Prepaid Insurance 1,200 Equipment 6,600 Truck 9,000 Accounts Payable $ 2,750 Unearned Revenue 33,000 Notes Payable 90,000 Hovey, Capital 44,000 Hovey, Withdrawals 1,500 Service Revenue 5,100 300 Salaries Expense Advertising Expense 600 Utilities Expense 300 Total $ 174,850 $ 174,850 Print Done Clear All Che Maujusuneill data) More Info - x lion a. Cleaning supplies on hand at the end of November were $120 b. One month's combined depreciation on all depreciable assets was estimated to be $260. c. One month's interest expense is $74. Print Done