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The adjustments columns of the worksheet for Ivanhoe Company are shown below. Adjustments Account Titles. Debit. Credit Accounts Receivable 1,280 Prepaid Insurance. 440 Accumulated Depreciation-Equipment.

The adjustments columns of the worksheet for Ivanhoe Company are shown below.

Adjustments

Account Titles. Debit. Credit

Accounts Receivable 1,280

Prepaid Insurance. 440

Accumulated Depreciation-Equipment. 800

Salaries & Wages Payable. 500

Service Revenue. 1,280

Salaries & Wages Expense. 500

Insurance Expense. 440

Depreciation Expense. 800.

3,020. 3,020

Help make an adjusting entries

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