Kirk Enterprises offers rug cleaning services to business clients. Below is the adjustments data for the year ended July 31. Using this information along with the spreadsheet below, record the adjusting entries in proper general journal form.
Adjustments:
(a) Depreciation expense, $1,000.
(b) Wages accrued, but not paid, $2,000.
(c) Supplies on hand, $8,000.
(d) Of the unearned revenue, 75% has been earned.
(e) Unexpired insurance at July 31, $9,000.

Question

Kirk Enterprises offers rug cleaning services to business clients. Below is the adjustments data for the year ended July 31. Using this information along with the spreadsheet below, record the adjusting entries in proper general journal form.
Adjustments:
(a) Depreciation expense, $1,000.
(b) Wages accrued, but not paid, $2,000.
(c) Supplies on hand, $8,000.
(d) Of the unearned revenue, 75% has been earned.
(e) Unexpired insurance at July 31, $9,000.
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Quizplus · Accepted Answer

The Answer of Kirk Enterprises offers rug cleaning services to business clients. Below is the adjustments data for the year ended July 31. Using this information along with the spreadsheet below, record the adjusting entries in proper general journal form.
Adjustments:
(a) Depreciation expense, $1,000.
(b) Wages accrued, but not paid, $2,000.
(c) Supplies on hand, $8,000.
(d) Of the unearned revenue, 75% has been earned.
(e) Unexpired insurance at July 31, $9,000.
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Kirk Enterprises Offers Rug Cleaning Services to Business Clients