T-Accounts- post the adjusting entries to the T-Accounts using the corresponding letters (a) through (g) as posting references. use bal. posting references to show the ending balance of each account
:: CAR WIC WIT U View uie Ulei Udlande.) (Click the icon to view the adjusting entry information.) Read the requirements. Requirement 1. Journalize the adjusting entries on December 31. (Record debits first, then credits. Select the explanation on a. On December 15, Alston contracted to perform services for a client receiving $2,400 in advance. Alston recorded this receip has completed $1,700 of the services. Date Accounts and Explanation Debit Credit (a) Dec. 31 Unearned Revenue 1,700 Service Revenue 1,700 To record service revenue that was collected in advance. b. Alston prepaid two months of rent on December 1. (Assume the Prepaid Rent balance as shown on the unadjusted trial balance represents the two months of rent prepaid on December 1.) Accounts and Debit Credil Date (b) Dec. 31 21 1.150 Rent Expense Prepaid Rent To recordent expense The unadjusted trial balance of Alston Air Purification System at December 31, 2018, and the data needed for the adjustments follow. ES! (Click the icon to view the trial balance.) (Click the icon to view the adjusting entry information.) Read the requirements. To record office supplies used. Debit d. Depreciation for the equipment is $500. Date Accounts and Explanation (d) Dec. 31 Depreciation Expense-Equipment Accumulated Depreciation Equipment 500 500 To record depreciation on equipment. The unadjusted trial balance of Alston Air Purification System at December 31, 2018, and the data needed for the adjustments follow. E: (Click the icon to view the trial balance.) (Click the icon to view the adjusting entry information.) Read the requirements. To record depreciation on equipment e. Alston received a bill for December's online advertising, $850. Alston will not pay the bill until January (Use Accounts Payable.) Date Accounts and Explanation Debit Credit (e) Dec. 31 850 Advertising Expense Accounts Payable 850 To accrue advertising expense. The unadjusted trial balance of Alston Air Purification System at December 31, 2018, and the data needed for the adjustments follow. (Click the icon to view the trial balance.) Click the icon to view the adjusting entry information) Read the requirements To accrue advertising expense Alston pays its employees on Monday for the previous week's wages. Its employees earn $6,500 for a five-day work week. December 31 falls on Wednesday this year. Date Accounts and Explanation Debit Credit In Dec. 31 Salaries Expense 3.000 Salaries Payable 3.900 To accrue salaries expense The unadjusted trial balance of Alston Air Purification System at December 31, 2018, and the data needed for the adjustments follow (Click the icon to view the trial balance.) (Click the icon to view the adjusting entry information.) Read the requirements g. On October 1, Alston agreed to provide a four-month air system check (beginning October 1) for a customer for $4,000. Alson has completed the system check every month but payment has not yet been received and no entries have been made. Debit Credit (9) Dec 31 Accounts and Explanation Accounts Receivable Service Revenue 3,000 3.000 To accrue service revenue follow The uradjusted til balance of Alton Air Purification System at December 31, 2018, and the data needed for the TE Click the loon to view the trial balance (Click the icon to view the adjusting entry information) the Read the reguirements Requirement 2. The T-accounts, wong with their unadjusted balances have been opened for you. Post the adjusting entries to the accurs The T-accounts, along with their unadjusted balances, if applicable, have been opened for you. Post the adjusting entries to the accounts using the corresponding letters (a) through (a) posting references. Use a "Bal posting reference to show the ending balance of each account Review the adjusting ouma entries you are in Requirement Accounts Payable Cash 7.300 Dec 31 20 Dec 31 15,500 Dec 31 The unadjusted trial balance of Alston Air Purification System at December 31, 2018, and the data needed for the adjustments follow (Click the icon to view the trial balance.) (Click the icon to view the adjusting entry information) Read the requirements Accounts Receivable Salaries Payable Salaries Expense Dec. 31 19,100 Dec. 31 3,700 Prepaid Rent Rent Expenso Unearned Retenue 2,400 Dec 31 The unadjusted trial balance of Alston Air Purification System at December 31, 2018, and the data needed for the adjustments follow (Click the icon to view the trial balance.) Click the icon to view the adjusting entry information) Read the requirements. Office Supplies Alston, Capital Depreciation Expense-Equipment Dec 31 1,700 D O 39,300 Dec 31 C Advertising Expense Equipment 19,500 Alston, Withdrawals Dec. 319,000 Dec. 31 Dec 31 1,100 The unadjusted trial balance of Alston Air Purification System at December 31, 2018, and the data needed for the adjustments follow. (Click the icon to view the trial balance.) (Click the icon to view the adjusting entry information.) Read the requirements Equipment 19,500 Alston, Withdrawals 9,000 Advertising Expense 1,100 Dec. 31 Dec. 31 Dec. 31 Supplies Expense Accumulated Depreciation Equip 3,700 Dec. 31
