The worksheet of Best Jobs Employment Service follows but is incomplete.

The following data at April 30, 2018, are given for Best Jobs Employment Service:
a. Service revenue accrued, $700.
b. Office supplies used, $300.
c. Depreciation on equipment, $1,300.
d. Salaries owed to employees, $1,400.
Requirements
1. Calculate and enter the adjustment amounts directly in the Adjustments columns.
Use letters a through d to label the four adjustments.
2. Calculate and enter the adjusted account balances in the Adjusted Trial Balance columns.
3. Prepare each adjusting journal entry calculated in Requirement 1. Date the entries, and include explanations.

Transcribed Image Text:

BEST JOBS EMPLOYMENT SERVICE Worksheet April 30, 2018 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Account Names Debit Credit Debit Credit Debit Credit $ 1,100 Cash Accounts Receivable 4,100 Office Supplies 1,200 32,700 Equipment $ 13,900 Accumulated Depreciation-Equipment Salaries Payable Common Stock 25,200 Dividends 5,300 Service Revenue 9,000 Salaries Expense 2,200 Rent Expense 1,500 Depreciation Expense-Equipment Supplies Expense $ 48,100 Total $ 48,100