The accounting records of Fletcher Publishing Company include the following unadjusted balances at May 31: Accounts Receivable, $1,600; Supplies, $600; Salary Payable, $0; Unearned Service Revenue, $900; Service Revenue, $4,800; Salary Expense, $2,500; Supplies Expense, $0.
Fletchers accountant develops the following data for the May 31 adjusting entries:
a. Supplies on hand, $100
b. Salary owed to employees, $300
c. Service revenue accrued, $800
d. Unearned service revenue that has been earned, $200.
Open the foregoing T-accounts with their beginning balances. Then record the adjustments directly in the accounts, keying each adjustment amount by letter. Show each accounts adjusted balance. Journal entries are not required.