The unadjusted trial balance for Culver Corporation is shown below. Assets Liabilities + Accts. Rec. 0 Cash 17,328 Prepd. Insur. 684 Supplies + 2.850 Acc. Depr Equip 0 + + Equip 5,700 Notes Pay. 5,700 Accts. Pay 2.850 Int. Pay. 0 Unearned Serv. Rev. 1.368 Bal Assume the following adjustment data. 1. 2. 3. 4. 5. 6. 7 Supplies on hand at October 31 total $570. Expired insurance for the month is $114. Depreciation for the month is $94. As of October 31, services worth $912 related to the previously recorded unearned revenue had been performed. Services performed but unbilled (and no receivable has been recorded) at October 31 are $326 Interest expense accrued at October 31 is $73, Accrued salaries at October 31 are $1,596, Prepare a tabular summary to record adjustments for the items above using the summary that follows. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset. Liability or Equity item that was reduced.) = 2. 3. 4. 5. Expired insurance for the month is $114 Depreciation for the month is $94 As of October 31, services worth $912 related to the previously recorded unearned revenue had been performed. Services performed but unbilled (and no receivable has been recorded) at October 31 are $326. Interest expense accrued at October 31 is $73. Accrued salaries at October 31 are $1,596. 6. 7. Prepare a tabular summary to record adjustments for the items above using the summary that follows. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Accts. Prepd. Cash Rec. Supplies Insur Bal 17,328 0 2.850 684 1. supplies expenses 2 3. The unadjusted trial balance for Culver Corporation is shown below. Assets Liabilities + Accts. Rec. 0 Cash 17,328 Prepd. Insur. 684 Supplies + 2.850 Acc. Depr Equip 0 + + Equip 5,700 Notes Pay. 5,700 Accts. Pay 2.850 Int. Pay. 0 Unearned Serv. Rev. 1.368 Bal Assume the following adjustment data. 1. 2. 3. 4. 5. 6. 7 Supplies on hand at October 31 total $570. Expired insurance for the month is $114. Depreciation for the month is $94. As of October 31, services worth $912 related to the previously recorded unearned revenue had been performed. Services performed but unbilled (and no receivable has been recorded) at October 31 are $326 Interest expense accrued at October 31 is $73, Accrued salaries at October 31 are $1,596, Prepare a tabular summary to record adjustments for the items above using the summary that follows. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset. Liability or Equity item that was reduced.) = 2. 3. 4. 5. Expired insurance for the month is $114 Depreciation for the month is $94 As of October 31, services worth $912 related to the previously recorded unearned revenue had been performed. Services performed but unbilled (and no receivable has been recorded) at October 31 are $326. Interest expense accrued at October 31 is $73. Accrued salaries at October 31 are $1,596. 6. 7. Prepare a tabular summary to record adjustments for the items above using the summary that follows. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Accts. Prepd. Cash Rec. Supplies Insur Bal 17,328 0 2.850 684 1. supplies expenses 2 3