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Take me to the text Last Stop Truckstop has completed all of its journal entries for the month of April 2019, and posted them to
Take me to the text Last Stop Truckstop has completed all of its journal entries for the month of April 2019, and posted them to the general ledger. An unadjusted trial balance has been prepared. The following adjustments must be made. Apr 30 The amount of prepaid Insurance is for 12 months; one month has been used. Apr 30 Depreciation for the month on equipment was $190. Apr 30 Unearned revenue of $910 has now been earned. Apr 30 Work was performed for $860 which will be collected next month. Required a) Using the following unadjusted trial balance, complete the adjustments and the adjusted trial balance in the worksheet. Do not enter dollar signs or commas in the input boxes. Select the proper order for the headings of the worksheet. Adjustments Adjusted Trial Balance Unadjusted Trial Balance DR CR Account DR CR DR CR Cash 5,210 Accounts Receivable 1,9901 Prepaid Insurance 1,800 Equipment 9,280 Accumulated Depreciation Accounts Payable 3,840 Unearned Revenue 2,730 Bank Loan 4,790 Roberts, Capital 4,640 Roberts, withdrawals 1,060 Service Revenue 5,290 Depreciation Expense Insurance Expense Interest Expense 40 Rent Expense 1,910 Total 21,2901 21,290 b) Prepare the journal entries for the above transactions. Date Account Title and Explanation Debit Credit 2019 Apr 30 Expense one month of insurance Apr 30 Depreciate Equipment Apr 30 Earned revenue Apr 30 + To accrue service revenue Check
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