(L.OBJ. 4, 6) Using adjusting journal entries and computing financial statement amounts...

(L.OBJ. 4, 6) Using adjusting journal entries and computing financial statement amounts [10—20 min]

The adjusted trial balances of Erie International at March 31, 2012, and March 31, 2011, include the following amounts:

Analysis of the accounts at March 31, 2012, reveals the following transactions for the fiscal year ending in 2012:

Requirement

1. Compute the amount of Supplies expense, Salary expense, and Service revenue to report on the Erie International income statement for 2012.