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The unadjusted trial balance for Bridgeport Corp. is shown below. Assume the following adjustment data. 1. Supplies on hand at October 31 total $640. 2.
The unadjusted trial balance for Bridgeport Corp. is shown below. Assume the following adjustment data. 1. Supplies on hand at October 31 total $640. 2. Expired insurance for the month is $120. 3. Depreciation for the month is $85. 4. As of October 31, services worth $950 related to the previously recorded unearned revenue had been performed. 5. Services performed but unbilled (and no receivable has been recorded) at October 31 are \$280. 6. Interest expense accrued at October 31 is $85. 7. Accrued salaries at October 31 are $1,425. Prepare the adjusting entries for the items above. (List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
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