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Journalize the entries for the following adjustments at January 31, the end of the accounting period (ignore explanations): A Depreciation, $5,000 B Prepaid insurance used, $500 C Interest expense accrued, $400 D Employee salaries owed for Monday through Thursday of a five-day workweek; the weekly payroll is $16,000 E Unearned service revenue that becomes earned, $2,000

Journalize the entries for the following adjustments at January 31, the end of the accounting period (ignore explanations): A Depreciation, $5,000 B Prepaid insurance used, $500 C Interest expense accrued, $400 D Employee salaries owed for Monday through Thursday of a five-day workweek; the weekly payroll is $16,000 E Unearned service revenue that becomes earned, $2,000

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter4: The Adjustment Process
Section: Chapter Questions
Problem 10EA: Prepare journal entries to record the following adjustments. A. Insurance that expired this period,...
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Journalize the entries for the following adjustments at January 31, the end of the accounting period (ignore explanations):

A Depreciation, $5,000

B Prepaid insurance used, $500

C Interest expense accrued, $400

D Employee salaries owed for Monday through Thursday of a five-day workweek; the weekly payroll is $16,000

E Unearned service revenue that becomes earned, $2,000

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