Galaxy Theater Production Company's partially completed worksheet as of December 31, 2018 and adjustment data at December 31 follow Click the icon to view the partially completed worksheet.) (Click the icon to view the adjustment data.) Read the requirements. Requirement 1. Complete the worksheet. Use letters a through e to label the five adjustments. The account names and unadjusted trial balance amounts as provided in the question have been entered into the worksheet for you. Finish the partial worksheet by completing the adjustments and adjusted trial balance columns. Complete the Adjustments columns by using the letters a through e to label the five adjustments. (Abbreviation used: Equip. = Equipment.) Galaxy Production Company Worksheet December 31, 2018 Adjusted Trial Balance Adjustments Debit Credit Account Names Debit | Credit A More Info - X Unadjusted Trial Balance Debit Credit | 3,700 5,700 1,700 1,000 34,000 8,000 4,600 Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equip. Accounts Payable Salaries Payable Common Stock Dividends Service Revenue Depreciation Expense-Equip. Supplies Expense Utilities Expense Salaries Expense Insurance Expense a. As of December 31, Galaxy had performed $800 of service revenue but has not yet billed customers. b. At the end of the month, Galaxy had $600 of office supplies remaining. C. Prepaid Insurance of $800 remained. d Depreciation expense, $3,600. e. Accrued salaries expense of $450 that hasn't been paid yet. 19,200 29,000 Print Done 73,000 5,700 24,000 104,800 S 104.800 Total Requirement 2. Journalize the adjusting entries. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. As of December 31, Galaxy had performed $800 of service revenue but has not yet billed customers Review the partial worksheet. Date Accounts and Explanation Debit Credit (a) Dec. 31 b. At the end of the month, Galaxy had $600 of office supplies remaining. Review the partial worksheet. Date Accounts and Explanation Debit Credit (b) Dec. 31 c. Prepaid Insurance of $800 remained. Review the partial worksheet. Date Accounts and Explanation Debit Credit (c) Dec. 31 d. Depreciation expense, $3,600. Review the partial worksheet. Date Accounts and Explanation Debit Credit (d) Dec. 31 d. Depreciation expense, $3,600. Review the partial worksheet. Date Accounts and Explanation Debit Credit (d) Dec. 31 e. Accrued salaries expense of $450 that hasn't been paid yet. Review the partial worksheet. Date Accounts and Explanation Debit Credit (e) Dec. 31
