Journalize the following adjusting entries. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 1.   Supplies on hand are valued at $1,260. 2.   Accrued salaries payable are $490. 3.   Depreciation for the month is $290. 4.   Services were performed to satisfy $520 of unearned service revenue.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
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Journalize the following adjusting entries(If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

1.   Supplies on hand are valued at $1,260.
2.   Accrued salaries payable are $490.
3.   Depreciation for the month is $290.
4.   Services were performed to satisfy $520 of unearned service revenue.

 

No.
Account Titles and Explanation
Debit
Credit
1.
 
 
 
 
 
 
 
2.
 
 
 
 
 
 
 
3.
 
 
 
 
 
 
 
4.
 
 
 
 
 
 
 

Part 2 is the pictures. Post the above adjusting entries. Cant figure out what's wrong here?

Post the above adjusting entries. (Post entries in the order of journal entries passed in the previous question.)
Cash
11/1 Bal.
3,540 | 11/8
1,220
11/10
1,880 11/20
2,570
11/12
3,810 | 11/22
510
11/29
850 11/25
1,080
11/30 Bal.
4,700
Accounts Receivable
11/1 Bal.
3.010 11/10
1,880
11/27
990
11/30 Bal.
2,120
Supplies
11/1 Bal.
1,870
11/30
1260
11/27
1,370
11/30 Bal.
1980
Equipment
11/1 Bal.
10,750
11/15
3,750
11/30 Bal.
14,500
Accumulated Depreciation-Equipment
11/1 Bal.
500
11/30
290
11/30 Bal.
790
Accounts Payable
> | >
Transcribed Image Text:Post the above adjusting entries. (Post entries in the order of journal entries passed in the previous question.) Cash 11/1 Bal. 3,540 | 11/8 1,220 11/10 1,880 11/20 2,570 11/12 3,810 | 11/22 510 11/29 850 11/25 1,080 11/30 Bal. 4,700 Accounts Receivable 11/1 Bal. 3.010 11/10 1,880 11/27 990 11/30 Bal. 2,120 Supplies 11/1 Bal. 1,870 11/30 1260 11/27 1,370 11/30 Bal. 1980 Equipment 11/1 Bal. 10,750 11/15 3,750 11/30 Bal. 14,500 Accumulated Depreciation-Equipment 11/1 Bal. 500 11/30 290 11/30 Bal. 790 Accounts Payable > | >
Accounts Payable
2,570 | 11/1 Bal.
11/20
3,050
11/15
3,750
11/17
1,370
11/30 Bal.
5,600
Unearned Service Revenue
11/30
520
11/1 Bal.
400
11/29
850
11/30 Bal.
730
Salaries and Wages Payable
11/8
720 11/1 Bal.
720
11/30
490
11/30 Bal.
490
Common Stock
11/1 Bal.
10,750
11/30 Bal.
10,750
Retained Earnings
11/1 Bal.
3,750
11/30 Bal.
3,750
Service Revenue
11/12
3,810
11/27
990
11/30
520
11/30 Bal.
5320
Depreciation Expense
11/30
290
11/30 Bal.
290
Supplies Expense
11/30
1260
11/30 Bal.
1260
Salaries and Wages Expense
11/8
500
11/25
1,080
11/30
490
11/30 Bal.
2070
Rent Expense
11/22
510
11/30 Bal.
510
Transcribed Image Text:Accounts Payable 2,570 | 11/1 Bal. 11/20 3,050 11/15 3,750 11/17 1,370 11/30 Bal. 5,600 Unearned Service Revenue 11/30 520 11/1 Bal. 400 11/29 850 11/30 Bal. 730 Salaries and Wages Payable 11/8 720 11/1 Bal. 720 11/30 490 11/30 Bal. 490 Common Stock 11/1 Bal. 10,750 11/30 Bal. 10,750 Retained Earnings 11/1 Bal. 3,750 11/30 Bal. 3,750 Service Revenue 11/12 3,810 11/27 990 11/30 520 11/30 Bal. 5320 Depreciation Expense 11/30 290 11/30 Bal. 290 Supplies Expense 11/30 1260 11/30 Bal. 1260 Salaries and Wages Expense 11/8 500 11/25 1,080 11/30 490 11/30 Bal. 2070 Rent Expense 11/22 510 11/30 Bal. 510
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