Blum Services has the following unadjusted balances at year-end.
The following information is available to use in making adjusting entries.
a. Office supplies on hand at year-end: $250
b. Prepaid insurance expired during the year: $325
c. Unearned revenue remaining at year-end: $2,500
d. Depreciation expense for the year: $1,800
e. Accrued salaries at year-end: $900
Using the work sheet below, prepare the trial balance, the adjustments and the adjusted trial balance for Blum Services.

Question

Blum Services has the following unadjusted balances at year-end.
  The following information is available to use in making adjusting entries.
a. Office supplies on hand at year-end: $250
b. Prepaid insurance expired during the year: $325
c. Unearned revenue remaining at year-end: $2,500
d. Depreciation expense for the year: $1,800
e. Accrued salaries at year-end: $900
Using the work sheet below, prepare the trial balance, the adjustments and the adjusted trial balance for Blum Services.

Quizplus · Accepted Answer

The Answer of Blum Services has the following unadjusted balances at year-end.
  The following information is available to use in making adjusting entries.
a. Office supplies on hand at year-end: $250
b. Prepaid insurance expired during the year: $325
c. Unearned revenue remaining at year-end: $2,500
d. Depreciation expense for the year: $1,800
e. Accrued salaries at year-end: $900
Using the work sheet below, prepare the trial balance, the adjustments and the adjusted trial balance for Blum Services.

Blum Services Has the Following Unadjusted Balances at Year-End