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Selected accounts of Indigo Company are shown below. Beg. Bal. 501 Oct. 15 Oct. 31 Oct. 31 665 Supplies 724 Oct. 31 Salaries and Wages
Selected accounts of Indigo Company are shown below. Beg. Bal. 501 Oct. 15 Oct. 31 Oct. 31 665 Supplies 724 Oct. 31 Salaries and Wages Expense 736 548 Unearned Service Revenue 373 Oct. 20 Service Revenue Oct. 17 Oct. 31 Oct. 31 Accounts Receivable 2,277 1,515 Salaries and Wages Payable Oct. 31 Supplies Expense 501 2,277 1,515 373 Oct. 17 Oct. 31 548 Oct. 31 From an analysis of the T-accounts, reconstruct the October transaction entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit From an analysis of the T-accounts, reconstruct the adjusting journal entries that were made on October 31, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts.) Debit Credit Date Account Titles and Explanation Oct. 31 (To record the use of supplies during October) Oct. 31 (To record revenue for services performed for which payment has not yet been received) Oct. 31 (To record liability for accrued payroll) Oct. 31 (To reduce the Unearned Service Revenue account for service that has been performed)
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