How do i do this 4 230 313 5 30 13 950 31 ADJUSTING ENTRIES

How do i do this?

4 230 3,13 5 30 13 950 31 ADJUSTING ENTRIES F,4903090 Plea ase prepare any necessary adjustinglentries for the month of December in the space below the question information. The trial balance at Dec 31, 2017 is as follows: Debit redi Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries & Wages Expense 4,000 00 Rent Expense 6,850 7,000 2,000 Goo 2,880 2 4o 15,000 4,230 5,200 S300o 22,000 8,300 2,000 150 39,730 39,730 32,010 Other Data: 1. Supplies on hand at Dec 31 total $600. 2. A utility bill for $200 has not been recorded and will not be paid until next month 3. The insurance policy is for a year. 4. Services were performed for $3,000 of the unearned service revenue by month end. 5. Salaries of $900 are accrued at Dec 31. L6. The equipment is depreciated $150 per month 7 Invoices representing $2,300 of services performed during the month have not been recorded as of December 31. D 20r y go

Solution

Adjusting entries Account titles & Explanations debit Credit 1) Supplies expense 1400 supplies. 1,400 (2000-600) 2) utility expense 200 Accounts payable 200 3) insurance expense 240 prepaid insurance 240 (2880/12)*1 4) unearned service revenue 3000 service revenue 3000 5) Salaries and wage expense 900 salaries & wages payable 900 6) Depreciation expense 150 Accumulated depreciation 150 7) Accounts receivable 2,300 service revenue 2,300