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View Policies Current Attempt in Progress Cortina Company accumulates the following adjustment data at December 31. Indicate (1) the type of adjustment (prepaid expense, accrued

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View Policies Current Attempt in Progress Cortina Company accumulates the following adjustment data at December 31. Indicate (1) the type of adjustment (prepaid expense, accrued revenue, and so on) and (2) the status of the accounts before adjustment (overstated or understated) (Enter your answers in alphabetical order) (1) Type of Adjustment (2) Accounts Before Adjustment Item a. Supplies of $400 are on hand Supplies account shows $1,600 balance 7 b Services performed butunbilied total $700. Interest of $300 has accumulated on a note payable. Rent collected in advance totaling $1.100 has been > The unadjusted trial balance of Sandhill Exposure Inc. had these balances for the following select accounts: Supplies $4,100, Unearned Service Revenue $9.050, and Prepaid Rent $2,200. At the end of the period, 1. A count showed $880 of supplies on hand. 2 Services of $3,900 had been performed related to the unearned revenue account 3. One month's worth of rent worth $600, had been consumed by Sandhill Exposure. Record the required adjusting entries related to these events. If no entry is required, select "No Entry for the account titles and patero for the amounts. Credit account titles are automatically indented when the arount is entered. Do not indent manually.) Date Account Titles and Explanation Credit 1. Debit 3. The bookkeeper for Ivanhoe Company asks you to prepare the following accrual adjusting entries at December 31. 07 no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when the amount is entered. Do not indent manually) Interest on notes payable of $220 is accrued. Services performed but unbilled totals $1,980. Salaries of $750 earned by employees have not been recorded, b No. Date Account Titles and Explanation Debit Credit a Dec. 31 b. Dec 31 Dec 31

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