(1) Accrue salaries expense. Dr. Cr.. ****** - Dr. Cr. - (2) Adjust the Unearned Services Revenue account to recognize earned revenue...... (3) Record services revenue earned for which cash will be received the following period... Dr. Cr. - For each of the adjusting entries (1), (2), and (3), indicate the account to be debited and the account to be credited from a through i below. a. Prepaid Insurance b. Cash d. Unearned Services Revenue e. Salaries Expense g. Accounts Receivable h. Accounts Payable 1. Depreciation Expense c. Salaries Payable f. Services Revenue

(1) Accrue salaries expense. Dr. Cr.. ****** - Dr. Cr. - (2) Adjust the Unearned Services Revenue account to recognize earned revenue...... (3) Record services revenue earned for which cash will be received the following period... Dr. Cr. - For each of the adjusting entries (1), (2), and (3), indicate the account to be debited and the account to be credited from a through i below. a. Prepaid Insurance b. Cash d. Unearned Services Revenue e. Salaries Expense g. Accounts Receivable h. Accounts Payable 1. Depreciation Expense c. Salaries Payable f. Services Revenue

Name: Dr.(1) Accrue salaries expense.Cr.______Dr.Cr.(2) Adjust the Unearned
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Description: Dr.(1) Accrue salaries expense.Cr.______Dr.Cr.(2) Adjust the Unearned Services Revenue account to recognize earned revenue..(3) Record services revenue earned for which cash will be received the following period... Dr._____ Cr.For each of the adjust

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter4: The Adjustment Process

Section: Chapter Questions

Problem 4PA: Identify which type of adjustment is associated with this account, and what is the other account in...

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2 3 1 4 5 7 8 9 10 12 Depreciation Expense Accumulated Depreciation Uneamed Revenue Services Revenue Insurance Expense Prepaid Insurance Salaries Payable Cash Prepaid Rent Cash Salaries Expense Salaries Payable Interest Receivable Interest Revenue Cash Accounts Receivable (from consulting) Cash Unearned Revenue Cash Interest Receivable Rent Expense Prepaid Rent Interest Expense Interest Payable 1,400 4,300 3,300 4,500 2,000 3,700 5,400 4,900 9,000 6,000 3,000 1,700 1,400 4,300 3,300 4,500 2,000 3,700 5,400 4,900 9,000 6,000 3,000 1,700
Entry 4 5 6 7 8 CO 3 2 9 1 10 Explanation Interest Expense Interest Payable Depreciation Expense Accumulated Depreciation Unearned Revenue Services Revenue Insurance Expense Prepaid Insurance Salaries Payable Cash Prepaid Rent Cash Salaries Expense Salaries Payable Interest Receivable Interest Revenue Cash Journal Entries Cash expense. Accounts Receivable (from consulting) Unearned Revenue Cash Debit 1,300 4,400 3,600 3,700 2,000 4,500 5,600 5,400 8,200 7,100 2,200 Credit 1,300 4,400 3,600 3,700 2,000 4,500 5,600 5,400 8,200 7,100
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