Exercise 3-09 (Video) The trial balance for Swifty Corporation is shown below. Credit Swifty Corporation Trial Balance October 31, 2020 Debit Cash $15,000 Supplies 2,700 Prepaid Insurance 500 Equipment 4,500 Notes Payable Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends 300 Service Revenue Salaries and Wages Expense 3,300 Rent Expense 900 $27,200 $4,600 2,200 1,300 8,000 -0- 11,100 $27,200 Assume the following adjustment data. 1. 2. 3. 4. Supplies on hand at October 31 total $300. Expired insurance for the month is $200. Depreciation for the month is $50. Services related to unearned service revenue in October worth $700 were performed. Services performed but not recorded at October 31 are $200. Interest accrued at October 31 is $80. Accrued salaries at October 31 are $1,600. 5. 6. 7. Prepare the adjusting entries for the items above assuming financial statements are computed each month. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Prepare the adjusting entries for the items above assuming financial statements are computed each month. (Credit account titles are No. Date Account Titles and Explanation Debit Credit 1. Oct. 31 2. Oct. 31 3. Oct. 31 4. Oct. 31 5. Oct. 31 6. Oct. 31 7. Oct. 31