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The adjustments columns of the worksheet for Bramble Company are shown below. Adjustments Account Titles Debit Credit Accounts Receivable 1,230 Prepaid Insurance 370 Accumulated Depreciation-Equipment
The adjustments columns of the worksheet for Bramble Company are shown below. Adjustments Account Titles Debit Credit Accounts Receivable 1,230 Prepaid Insurance 370 Accumulated Depreciation-Equipment 900 Salaries and Wages Payable 590 Service Revenue 1,230 Salaries and Wages Expense 590 Insurance Expense 370 Depreciation Expense 3,090 3,090 900 Prepare the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record service revenue on account) (To record expired insurance) (To record depreciation) Assuming the adjusted trial balance amount for each account is normal, indicate with an "X" the financial statement column to which each balance should be extended Balance Sheet Income Statement Debit Credit Account Titles Debit Credit Accounts Receivable Prepaid Insurance Accumulated Depreciation-Equipment ! Salaries and Wages Payable Service Revenue Salaries and Wages Expense Insurance Expense Depreciation Expense
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