Solved

Based on the Partial Trial Balance and the Partial Adjusted

Question 102

Essay

Based on the partial trial balance and the partial adjusted trial balance shown below, prepare the six missing adjusting entries. The adjusting entries should be dated December 31.
Unadjusted
Account Trial Balance Adjusted Trial Balance  Debit  Credit  Debit  Credit  Accounts Receivable 101,600110,000 Supp lies 5,0003,800 Prepaid Insurance 10,6005,800 Accumulated Amortization 55,30057,300 Salary Payable 1,500 Unearned Service Revenue 13,50013,000 Service Revenue 215,900224,800 Salary Expense 110,600112,100 Insurance Expense 4,800 Supp lies Expense 1,200 Amortization Expense 2,000\begin{array} { | l | r | r | r | r | } \hline & { \text { Debit } } & \text { Credit } & { \text { Debit } } & \text { Credit } \\\hline \text { Accounts Receivable } & 101,600 & & 110,000 & \\\hline \text { Supp lies } & 5,000 & & 3,800 & \\\hline \text { Prepaid Insurance } & 10,600 & & 5,800 & \\\hline \text { Accumulated Amortization } & & 55,300 & & 57,300 \\\hline \text { Salary Payable } & & & & 1,500 \\\hline \text { Unearned Service Revenue } & & 13,500 & & 13,000 \\\hline \text { Service Revenue } & & 215,900 & & 224,800 \\\hline \text { Salary Expense } & 110,600 & & 112,100 & \\\hline \text { Insurance Expense } & & & 4,800 & \\\hline \text { Supp lies Expense } & & & 1,200 & \\\hline \text { Amortization Expense } & & & 2,000 & \\\hline\end{array}

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents