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Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Cr5. Record adjusting entries. Accrued salaries at year-end amounted to $19,600. Depreciation for the year on the equipment is5. Record adjusting entries. Accrued salaries at year-end amounted to $19,600. Depreciation for the year on the equipment is5. Record adjusting entries. Accrued salaries at year-end amounted to $19,600. Depreciation for the year on the equipment is

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Answer #1

Adjusting entry

No General Journal Debit Credit
1 Salaries expense 19600
Salaries payable 19600
2 Depreciation expense 4700
Accumulated depreciation- equipment 4700
3 Supplies expense (3700-1200) 2500
Supplies 2500
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