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The unadjusted trial balance for Indigo Corporation is shown below. INDIGO CORPORATION Trial Balance October 31, 2022 Debit Credit Cash $15,410 Supplies 2,770 Prepaid Insurance
The unadjusted trial balance for Indigo Corporation is shown below. INDIGO CORPORATION Trial Balance October 31, 2022 Debit Credit Cash $15,410 Supplies 2,770 Prepaid Insurance 750 Equipment 4,650 Notes Payable $4,650 Accounts Payable 2,210 Unearned Service Revenue 1,490 Common Stock 10,730 Retained Earnings 0 Dividends 600 Service Revenue 10,000 Salaries and Wages Expense 4,000 Rent Expense 900 Rent Expense 900 $29,080 $29,080 Assume the following adjustment data. 1. Supplies on hand at October 31 total $560. 2. Expired insurance for the month is $125. 3. 4. Depreciation for the month is $60. As of October 31, services worth $940 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 $230. 6. Interest expense accrued at October 31 is $70. 7. Accrued salaries at October 31 are $1,480. 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.) No. Date Account Titles and Explanation 1. Oct. 31 2. Oct. 31 3. Oct. 31 4. Oct. 31 5. Oct. 31 Debit Credit
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