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 $1,800. 2. Depreciation on equipment for the month was $190. 3. One-twelfth of the insurance expired. 4. A count shows $340 of cleaning supplies on hand at July 31. 5. Accrued but unpaid employee salaries were $420.
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 $1,800. 2. Depreciation on equipment for the month was $190. 3. One-twelfth of the insurance expired. 4. A count shows $340 of cleaning supplies on hand at July 31. 5. Accrued but unpaid employee salaries were $420.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
can someone explain why the ones that are in red wrong?
List of Accounts
- Accounts Payable
Accounts Receivable Accumulated Depreciation -Buildings- Accumulated Depreciation-Equipment
- Accumulated Depreciation-Delivery Trucks
- Advertising Expense
- Buildings
- Cash
- Debt Investments
- Delivery Trucks
- Depreciation Expense
- Equipment
- Gasoline Expense
- Income Summary
- Income Tax Expense
- Income Taxes Payable
- Insurance Expense
- Interest Expense
- Interest Payable
- Interest Receivable
- Interest Revenue
- Inventory
- Land
- Long-term Debt
- Long-term Investments
- Maintenance and Repairs Expense
- Miscellaneous Expense
- Mortgage Payable
- No Entry
- Notes Payable
- Notes Receivable
- Owner's Capital
- Owner's Drawings
- Patent Needs
- Prepaid Advertising
- Prepaid Insurance
- Prepaid Rent
- Rent Expense
- Rent Revenue
- Salaries and Wages Expense
- Salaries and Wages Payable
- Service Revenue
- Short-Term Investments
- Stock Investments
- Supplies
- Supplies Expense
- Ticket Revenue
- Unearned Rent Revenue
- Unearned Service Revenue
- Utilities Expense

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 $1,800.
2.
Depreciation on equipment for the month was $190.
3.
One-twelfth of the insurance expired.
4.
A count shows $340 of cleaning supplies on hand at July 31.
5.
Accrued but unpaid employee salaries were $420.
r.
Date Account Tiītles and Explanation
Debit
Credit
July
1.
Accounts Receivable
1800
31
Service Revenue
1800
July
2.
Depreciation Expense
190
31
Equipment
190
July
3.
Insurance Expense
31
Prepaid Insurance
July
4.
Supplies Expense
31
Supplies
July
Salaries and Wages Expense
420
31
Salaries and Wages Payable
420
5.
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