The adjusted trial balances of Pacific Services at December 31, 2017, and December 31, 2016, include these
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2017 2016
Supplies.....................................................$ 4,000.......$ 2,000
Salaries payable..............................................5,000..........8,000
Unearned service revenue.................................26,000.......32,000
Analysis of the accounts at December 31, 2017, reveals these transactions for 2017:
Cash payment for supplies .............................................................................................. $ 12,000
Cash payment for salaries ...................................................................................................94,000
Cash receipts in advance for service revenue ...................................................................160,000
Compute the amount of supplies expense, salaries expense, and service revenue to report on the Pacific Services income statement for 2017.
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