Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 1. Services performed but unbilled and uncollected at July 31 were $ 1,290. 2. Depreciation on equipment for the month was $ 140. 3. One-twelfth of the insurance expired. 4. A count shows $ 240 of cleaning supplies on hand at July 31. 5. Accrued but unpaid employee salaries were $ 300.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter4: The Adjustment Process
Section: Chapter Questions
Problem 16PA: Prepare an adjusted trial balance from the following account information, and also considering the...
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Journalize the following adjustments. (Credit account titles are automatically indented
when the amount is entered. Do not indent manually.)
1.
Services performed but unbilled and uncollected at July 31 were $ 1,290.
2.
Depreciation on equipment for the month was $ 140.
3.
One-twelfth of the insurance expired.
4.
A count shows $ 240 of cleaning supplies on hand at July 31.
5.
Accrued but unpaid employee salaries were $ 300.
Sr.
Date
Account Titles and Explanation
Debit
July
1.
31
July
2.
31
July
3.
31
July
4.
31
July
5.
31
Transcribed Image Text:Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 1. Services performed but unbilled and uncollected at July 31 were $ 1,290. 2. Depreciation on equipment for the month was $ 140. 3. One-twelfth of the insurance expired. 4. A count shows $ 240 of cleaning supplies on hand at July 31. 5. Accrued but unpaid employee salaries were $ 300. Sr. Date Account Titles and Explanation Debit July 1. 31 July 2. 31 July 3. 31 July 4. 31 July 5. 31
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