Question

The worksheet of Best Jobs Employment Service follows but is incomplete. Click the icon the view the worksheet.) The following data at April 30, 2024 are given for Best Jobs Employment Service: Click the icon to view the additional information) Read the requirements April 30, 2024 Unadjusted Trial Balance Adjustments Account Names Debit Credit Debit Credit Adjusted Trial Balance Debit Credit Cash $ 1,100 4,100 Accounts Receivable 1,200 32,700 Office Supplies Equipment Accumulated Depreciation Equipment Salaries Payable $ 13,900 Common Stock 25,200 Dividends 5.300 9,000 Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense 2,200 1,500 Total $ 48,100 $ 48,100 Requirement 3. Prepare each adjusting journal entry calculated in Requirement 1. Date the entries and include explanations. (Record debits Choose from any list or enter any number in the input fields and then continue to the next question Save for Later

Answer 1

Adjustments Debit Credit April 2024 Unadjusted Trial Balance Debit Credit $1,100 $4,100 $1,200 $32,700 $13,900 $700 $300 $1,300 $1,400 Adjusted Trial Balance Debit Credit $1,100 $4,800 $900 $32,700 $15,200 $1,400 $25,200 $5,300 $9,700 $3,600 $1,500 $1,300 $300 $51,500 $51,500 Cash Accounts receivable Office supplies Equipment Accumulated Depreciation Equipment Salaries payable Common stock Dividends Service Revenue Salaries expense Rent expense Depreciation expense - Equipment Supplies expense Totals $25,200 $5,300 $9,000 $700 $1,400 $2,200 $1,500 $1,300 $300 $3,700 $48,100 $48,100 $3,700 Credit Debit $700 $700 $300 $300 Date Accounts and Explanation a) April 30 Accounts receivable Service Revenue (To record service revenue accrued) b) April 30 Office supplies expense Office supplies (To record office supplies expense) c) April 30 Depreciation Accumulated Depreciation (To record deprecation on equipment) d) April 30 Salaries expense Salaries payable (To record salaries accrued) $1,300 $1,300 $1,400 $1,400