Weygandt, Financial and Managerial, 3e Fina CALCULATOR The trial balance for Monty Corp. is shown below. Monty Corp. Trial Balance October 31, 2020 Debit Credit Cash $16,000 Supplies 3,000 Prepaid Insurance 500 Equipment 4,500 Notes Payable $5,000 Accounts Payable 2,400 Unearned Service Revenue 1,300 Common Stock 9,700 Retained Earnings -0- Dividends 300 10,200 Service Revenue 3,400 Salaries and Wages Expense 900 Rent Expense $28,600 $28,600 Assume the following adjustment data. Supplies on hand at October 31 total $700. 1. Expired insurance for the month is $200 2. Depreciation for the month is $80. 3 Services related to unearned service revenue in October worth $600 were performed. 4. Services performed but not recorded at October 31 are $200. 5. Interest accrued at October 31 is $70. 6. Accrued salaries at October 31 are $1,600. 7. Prepare the adjusting entries for the iterms above assuming financial statements are computed each month. (Credit account titles are autom not indent manually.)