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The ledger of Swifty Corporation on July 31, 2022, includes the following selected accounts before adjusting entries have been prepared. An analysis of the company's
The ledger of Swifty Corporation on July 31, 2022, includes the following selected accounts before adjusting entries have been prepared. An analysis of the company's accounts shows the following. 1. Supplies on hand at the end of the month totaled $15,252. 2. The balance in Prepaid Rent represents 4 months of rent cost5. 3. Employees were owed $2,542 related to unpaid and unrecorded salaries and wages. 4. Depreciation on buildings is $4,920 per year. 5. During the month, the company satisfied obligations worth $3,854 related to the Unearned Service Revenue account. 6. Unpaid and unrecorded maintenance and repairs cost5 were $1,886. No. Date Account Titles and Explanation 1. July 31 2. July 31 3. July 31 4. July 31 5. July 31 6. July 31 Debit Credit
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