Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation-equipment Accounts payable Notes payable Salaries payable Interest payable Unearned revenue E. Sandhill, capital E Sandhill, drawings Service revenue Depreciation expense Insurance expense Interest expense Rent expense Salaries expense Supplies expense Totals (a) Before Adjustment Debit $9,155 8,880 2,440 3,755 34,145 10,200 0 0 1.215 15.240 16,690 0 $101,720 Credit $3,410 5,765 38,235 0 0 1.685 5.495 47.130 $101.720 After Adjustment Debit $9.155 9,405 715 2,480 34,145 10.200 2.235 1,275 1.620 15,240 17.855 1.725 $106.050 Credit $5.645 5,765 38,235 1,165 405 910 5,495 48,430 $106,050 Prepare the adjusting entries that were made. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts List all debit entries before credit
Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation-equipment Accounts payable Notes payable Salaries payable Interest payable Unearned revenue E. Sandhill, capital E Sandhill, drawings Service revenue Depreciation expense Insurance expense Interest expense Rent expense Salaries expense Supplies expense Totals (a) Before Adjustment Debit $9,155 8,880 2,440 3,755 34,145 10,200 0 0 1.215 15.240 16,690 0 $101,720 Credit $3,410 5,765 38,235 0 0 1.685 5.495 47.130 $101.720 After Adjustment Debit $9.155 9,405 715 2,480 34,145 10.200 2.235 1,275 1.620 15,240 17.855 1.725 $106.050 Credit $5.645 5,765 38,235 1,165 405 910 5,495 48,430 $106,050 Prepare the adjusting entries that were made. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts List all debit entries before credit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question

Transcribed Image Text:Cash
Accounts receivable
Supplies
Prepaid insurance
Equipment
Accumulated depreciation-equipment
Accounts payable
Notes payable
Salaries payable
Interest payable
Unearned revenue
E. Sandhill, capital
E Sandhill, drawings
Service revenue
Depreciation expense
Insurance expense
Interest expense
Rent expense
Salaries expense
Supplies expense
Totals
(a)
Before Adjustment
Debit
$9,155
8,880
2,440
3,755
34,145
10,200
0
0
1.215
15.240
16,690
0
$101,720
Credit
$3,410
5,765
38,235
0
0
1.685
5.495
47.130
$101.720
After Adjustment
Debit
$9.155
9,405
715
2,480
34,145
10.200
2.235
1,275
1.620
15,240
17.855
1.725
$106.050
Credit
$5.645
5,765
38,235
1,165
405
910
5,495
48,430
$106,050
Prepare the adjusting entries that were made. (Credit account titles are automatically indented when amount is entered. Do not indent
manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts List all debit entries before credit
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