Question

Ty Bookmarks People Window Help urses/27987/assignments/2657280 After Adjustment Before Adjustment Debit Credit Debit Credit Cash $9,270 $9,270 Accounts Receivable 8,885 9,405 Supplies 2,490 670 Prepaid Insurance 3,825 2,580 Equipment 34,230 34,230 Accumulated Depreciation-Equipment $3,290 Accounts Payable 5,990 $5,495 5,990 38,520 Notes Payable 38,520 Salaries Payable 1,070 Interest Payable 435 Unearned Revenue 1,675 930 E. Sunland, Capital 5,520 5,520 E. Sunland, Drawings 10,175 Service Revenue 47,365 48,630 Depreciation Expense 2,205 Insurance Expense 1.245 Interest Expense 1,305 1.740 DO Td & O2 SAL

Answer 1

Solution- Aajusting Enties Debitl esill Dake ACCOunt TiEles and Explanabion Oct 31 Accounts Receivable($quo5-i,99 $520 $520 sevvice Revenue to vecovd accuved devenue SuPplies Ex pense R20 Oct 3) $1,220 SuPPlies $2.0-610) CEo vecovd supplies used S245 Insnvence Expense Oct 31 Pyepaid Tsuvence to yecovd expived Insuyence Intexest Expensels4o-$1,305) 435 Att 31 Tntevest Payable |(to yecovd accuyed Intexes

$2,205 OcŁ 31 De Prectatian Expense 2,205 ACcumulated Depveciation LO Yecovd depyediabion salaries. Expense sct 31 $oio $1,070 Salavies payable CLD Yecovd accured salovies Uneayne1 Revenue Oct 3 Tu5 ST45 sexvice Revenne . (LD Yecovd tevenue eaxnes ELPlanation' Psepaid Insuvence キ3825- $2,580 $1245 = Accumulates pepyeciabion 2 $5,495- $ 3,290 : $2,205 3 salavies Expense - $ I11960 - $16,19D z $ 110TO - $ 1675 - $930. Reve nue Une ex ned
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