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The following information relates to adjustments to be made at the end of the month ( on January 3 1 , 2 0 2 1
The following information relates to adjustments to be made at the end of the month on January :
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a
$ of supplies are remaining per physical count performed on January
b
Depreciation of equipment using straightline method, noting year useful life and zero salvage value.
c
Performed $ of services for customers but had not yet recognized service revenue in the accounting records as of monthend.
d
Accrued $ of salaries but had not yet paid them as of January monthend.
e
Insurance expense for the month had not yet been recorded as of monthend.
f
Performed $ of services that were prepaid in January but had not yet recorded the service revenue in the accounting records as of yearend.
g
Accrued $ of interest expense related to the note payable issued on January
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