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The unadjusted trial balance for Flint Corporation is shown below. Credit FLINT CORPORATION Trial Balance October 31, 2022 Debit Cash $15,840 Supplies 2,910 Prepaid Insurance
The unadjusted trial balance for Flint Corporation is shown below. Credit FLINT CORPORATION Trial Balance October 31, 2022 Debit Cash $15,840 Supplies 2,910 Prepaid Insurance 690 Equipment 5,430 Notes Payable Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends 500 Service Revenue Salaries and Wages Expense 4,000 Rent Expense 910 $30,280 $5,430 2,740 2,180 10,730 0 9,200 $30,280 Assume the following adjustment data. 1. 2. 3. 4. Supplies on hand at October 31 total $700. Expired insurance for the month is $115. Depreciation for the month is $115. As of October 31, services worth $850 related to the previously recorded unearned revenue had been performed. Services performed but unbilled (and no receivable has been recorded) at October 31 are $230. Interest expense accrued at October 31 is $70. Accrued salaries at October 31 are $1,490. 5. 6. 7. Prepare the adjusting entries for the items above. (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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