The unadjusted trail balance of Frankfort Inn Company at December 31,2018, and the data needed for the adjustments follow.

The unadjusted trial balance of Frankfort Inn Company at December 31, 2018, and the data needed for the adjustments follow. Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjustment data.) Read the requirements Requirement 1. Journalize the adjusting entries. (Record debits first, then credits. Select the explanation on the last lines of the journal entry table.) a. As of December 31, Frankfort had $500 of Prepaid Insurance remaining. Date Accounts and Explanation Credit (a) Dec. 31 Debit b. At the end of the month, Frankfort had $900 of office supplies remaining. Date Accounts and Explanation (b) Dec 31 Debit Credit c. Depreciation on the building is $3,700 Date Accounts and Explanation (c) Dec. 31 Debit Credit The unadjusted trial balance of Frankfort Inn Company at December 31, 2018, and the data needed for the adjustments follow. Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjustment data.) Read the requirements c. Depreciation on the building is $3,700. Date Accounts and Explanation Debit Credit (c) Dec. 31 d. Frankfort pays its employees weekly on Friday. Its employees earn $1,300 for a five-day workweek. December 31 falls on Wednesday this year. Accounts and Explanation Debit Credit (d) Dec. 31 Date ..On November 20, Frankfort contracted to perform services for a client receiving $2,800 in advance Frankfort recorded this receipt of cash as Unearned Revenue. As of December 31, Debit Credit (9) Dec 31 Date Accounts and Explanation The unadjusted trial balance of Frankfort Inn Company at December 31, 2018, and the data needed for the adjustments follow. Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjustment data.) Read the requirements c. Depreciation on the building is $3,700. Date Accounts and Explanation Debit Credit (c) Dec. 31 d. Frankfort pays its employees weekly on Friday. Its employees earn $1,300 for a five-day workweek. December 31 falls on Wednesday this year. Accounts and Explanation Debit Credit (d) Dec. 31 Date ..On November 20, Frankfort contracted to perform services for a client receiving $2,800 in advance Frankfort recorded this receipt of cash as Unearned Revenue. As of December 31, Debit Credit (9) Dec 31 Date Accounts and Explanation The unadjusted trial balance of Frankfort Inn Company at December 31, 2018, and the data needed for the adjustments follow. Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjustment data.) Read the requirements Requirement 2. The four-column ledger accounts have been opened for you using the unadjusted trial balance. Post the adjusting entries to the ledger accounts. a. As of December 31, Frankfort had $500 of Prepaid Insurance remaining Review the joumal entry you prepared in Requirement 1. PREPAID INSURANCE Balance Date Item Post. Ret. Debit Credit Debit Credit 2018 Dec. 31 Balance 2,600 Dec. 31 (a) INSURANCE EXPENSE Balance Item Post. Ref. Debit Credit Credit 2018 Dec. 31 Balance Dec. 31 (a) b. At the end of the month, Frankfort had $600 of office supplies remaining, Review the journal entry you prepared in Requirement1 OFFICE SUPPLIES Balance Date Debit The unadjusted trial balance of Frankfort Inn Company at December 31, 2018, and the data needed for the adjustments follow. Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjustment data.) Read the requirements b. At the end of the month, Frankfort had $900 of office supplies remaining. Review the journal entry you prepared in Requirement 1. OFFICE SUPPLIES Balance Date Item Post. Ret. Debit Credit Credit 2018 Dec. 31 Balance 1,000 Dec. 31 (b) Debit SUPPLIES EXPENSE Balance Debit Credit Debit Credit Date Item Post. Ref: 2018 Dec. 31 Balance Dec. 31 6. Depreciation on the building is $3,700 Review the foumal entry you prepared in Requirement 1. ACCUMULATED DEPRECIATION-BUILDING Balance Date Item Post. Ret. Debit Credit Debit Credit The unadjusted trial balance of Frankfort Inn Company at December 31, 2018, and the data needed for the adjustments follow. Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjustment data) Read the requirements 6. Depreciation on the building is $3,700. Review the journal entry you prepared in Requirement 1. ACCUMULATED DEPRECIATION-BUILDING Balance Date Item Post. Ref. Debit Credit Debit Credit 2018 Dec. 31 Balance 270,000 Dec. 31 (c) DEPRECIATION EXPENSE-BUILDING Balance Date Item Post. Ret. Debit Credit Debit Credit 2018 Dec. 31 Balance Dec. 31 d. Frankfort pays its employees on Friday for the weekly salaries. Its employees earn $1,300 for a five-day workweek. December 31 falls on Wednesday this year. Review the Journal entry you prepared in Requirement 1. SALARIES PAYABLE Balance Date Item Post. Ret. Debit Credit Debit Credit 2018 0 The unadjusted trial balance of Frankfort Inn Company at December 31, 2018, and the data needed for the adjustments follow. Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjustment data.) Read the requirements d. Frankfort pays its employees on Friday for the weekly salaries. Its employees earn $1,300 for a five-day workweek. December 31 falls on Wednesday this year. Review the journal entry you prepared in Requirement 1. SALARIES PAYABLE Balance Date Item Post. Ret. Debit Credit Debit Credit 2018 Dec. 31 Balance Dec. 31 (d) SALARIES EXPENSE Balance Date Item Post. Ret. Debit Credit Debit Credit 2018 Dec. 31 Balance 2,600 Dec. 31 e. On November 20, Frankfort contracted to perform services for a client receiving $2,800 in advance Frankfort recorded this receipt of cash as Unearned Revenue. As of December 31, Review the joumal entry you prepared in Requirement1 UNEARNED REVENUE Balance Date Item Post. Ref. Debit Credit Debit Credit e. On November 20, Frankfort contracted to perform services for a client receiving $2,800 in advance. Frankfort recorded this receip cash as Unearned Revenue. As of December 31, Frankfort has $2,500 still unearned. Review the journal entry you prepared in Requirement 1. UNEARNED REVENUE Balance Date Item Post. Ref. Debit Credit Debit Credit 2018 Dec. 31 Balance 2,800 Dec. 31 (e) SERVICE REVENUE Balance Item Post. Ref. Debit Credit Debit Credit Date 2018 Dec. 31 Dec. 31 Balance 14,800 The unadjusted trial balance of Frankfort Inn Company at December 31, 2018, and the data needed for the adjustments follow. (Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjustment data.) Read the requirements Requirement 3. Prepare the adjusted trial balance Review the ledger accounts Frankfort Inn Company Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit The unadjusted trial balance of Frankfort Inn Company at December 31, 2018, and the data needed for the adjustments follow. Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjustment data.) Read the requirements Balance Account Title Debit Credit Total Requirement 4. Assuming the adjusted trial balance has total debits equal to total credits, does this mean that the adjusting entries have been recorded con An adjusting entry the same. More info Adjustment data at December 31 follow: a. As of December 31, Frankfort had $500 of Prepaid Insurance remaining. b. At the end of the month, Frankfort had $900 of office supplies remaining. c. Depreciation on the building is $3,700. d. Frankfort pays its employees weekly on Friday. Its employees earn $1,300 for a five-day workweek. December 31 falls on Wednesday this year. e. On November 20, Frankfort contracted to perform services for a client receiving $2,800 in advance. Frankfort recorded this receipt of cash as Unearned Revenue. As of December 31, Frankfort has $2,500 still unearned. Print Done Data table Frankfort Inn Company Unadjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 12,700 Accounts Receivable 13,800 Prepaid Insurance 2,600 Office Supplies 1,000 Building 375,000 Accumulated Depreciation-Building $ 270,000 Accounts Payable 2,400 Salaries Payable Unearned Revenue 2,800 Common Stock 120,810 Dividends 2,400 Service Revenue 14,800 Salaries Expense 2,600 IRMER Data table $ 12,700 13,800 2,600 1,000 375,000 $ 270,000 2,400 Cash Accounts Receivable Prepaid Insurance Office Supplies Building Accumulated Depreciation-Building Accounts Payable Salaries Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Insurance Expense Depreciation Expense-Building Advertising Expense Supplies Expense 2,800 120,810 2,400 14,800 2,600 710 410,810 $ 410,810 Total