Question

I need help with the ADJUSTING ENTRIES on the last picture (the second and third pictures are just background information if you need it).

I have done all entries correctly except for adjusting entries A5-A8 correctly. Please help!

THE LAWN RANGER LANDSCAPING SERVICE CHART OF ACCOUNTS ASSETS 100 Cash Checking 0 Cash Savings 10 Accounts Receivable-Mr. Abrams Accounts Receivable Mrs. Mercado 2 Accounts Receivable Mr. Roker 120 Advertising Materials 30 Office Supplies 40 Landscaping Supplies 150 2006 Nissan Pickup Truck Accumulated Depreciation Pickup Truck 60 Lawn Equipment Accumulated Depreciation Lawn Equipment LIABILITIES 200 Note Payable Aunt Martha 10 Accounts Payable Young's Home & Garden Center 220 Accounts Payable-VISA 230 Interest Payable 240 Unearned Revenue CAPITAL 300 Kyle Cross, Capital 310 Kyle Cross, Drawing 20 Income Summary REVENUES 0 Lawn Care/Landscaping Revenue 410 Interest Revenue EXPENSES 00 Landscaping Supplies Expense 510 Gas and Oil Expense 20 Telephone Expense 30 Advertising Expense 40 Office Supplies Expense 545 Interest Expense 550 Pickup Truck Maintenance Expense 560 Equipment Rental Expense 70 Insurance Expense 580 Depreciation Expense Pickup Truck 590 Depreciation Expens -awn Equipment

Answer 1

Date	Account title and Explanation	Debit	Credit
A5 to A7	Office supplies consumed/expense	110		(90+45-25)
	Landscapping supplies consumed/Expense	65		(140-75)
	Advertising flyers expensed	195		(225/1500)*1300
	Office supplies		110
	Landscapping supplies		65
	Advertising flyers		195
	(To record consumption of supplies)
A8	Cash	5
	Interest Revenue		5
	(To record intterest earned)