Adjusting the Accounts

The trial balance for Pioneer Advertising is shown in below
Pioneer Advertising
Trial Balance
October 31, 2019
Instead of the adjusting entries shown in the textbook at October 31, assume the following adjustment data.
  1. Supplies on hand at October 31, total $500.
  2. Expired insurance for the month is $120
  3. Depreciation for the month is $50
  4. Services related to unearned service revenue in October worth $600 were performed.
  5. Services performed but not recorded at October 31 are $360
  6. Interest accrued at October 31 is $95.
  7. Accrued salaries at October 31 are $1,625.


Prepare the adjusting entries for the items above


Pioneer Advertising
Adjusting Journal Entries
Are you need any help? Contact Us now.

Latest Articles

« »