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Take me to the text All Hearing is owned by Annie Truderung and provides hearing aids and other auditory services. At the end of October
Take me to the text All Hearing is owned by Annie Truderung and provides hearing aids and other auditory services. At the end of October 2018, the company had the following adjustments. Oct 31 Interest on the bank loan is set at 10%. One month of interest has accrued. The balance of prepaid insurance is for the remaining 9 months of the insurance policy. One month of Oct 31 insurance has been used. The equipment was purchased three months prior at the beginning of the month and will have a useful Oct 31 life of 6 years, after which it will have no residual value. Depreciation is recorded every month. Record depreciation for October. Oct 31 All Hearing completed $630 of work that was previously unearned. Oct 31 Office supplies used during the month totaled $320. Required Using the following trial balance, complete the adjustments and the adjusted trial balance in the spreadsheet. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. All Hearing Spreadsheet October 31, 2018 Unadjusted Trial Balance Adjustments CR DR CR Adjusted Trial Balance DR CR Account DR Cash 4,100 4100 Accounts Receivable 2,120 2120 Prepaid Insurance 1,620 Office Supplies 1,070 Equipment 16,920 Accumulated Depreciation 4701 Accounts Payable 2,900 Interest Payable Unearned Revenue 1,500 Notes Payable 6,100 Truderung, Capital 12,460 Truderung, Withdrawals 2,000 Service Revenue 8,700 Depreciation Expense Insurance Expense Interest Expense Office Supplies Expense Rent Expense 2,000 Salaries Expense 2,300 Total 32,130 32,130
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