uata to Compiete partSO) ana (. • Insurance expired during May is $275. • Supplies on hand on May 31 are $715. • Depreciation of office equipment for May is $330. · Accrued receptionist salary on May 31 is $325. Rent expired during May is $1,600. Unearned fees on May 31 are $3,210. General Ledger ASSETS REVENUE 11 Cash 41 Fees Eamed 12 Accounts Receivable 14 Supplies EXPENSES 15 Prepaid Rent 51 Salary Expense 16 Prepaid Insurance 52 Rent Expense 18 Office Equipment 53 Supplies Expense 19 Accumulated Depreciation 54 Depreciation Expense 55 Insurance Expense LIABILITIES 59 Miscellaneous Expense 21 Accounts Payable 22 Salaries Payable 23 Unearned Fees EQUITY 31 Kelly Pitney. Capital 32 Kelly Pitney. Drawing

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Journalize the adjusting entries. Chart of accounts is attached.  

uata to Compiete partSO) ana (.
• Insurance expired during May is $275.
• Supplies on hand on May 31 are $715.
• Depreciation of office equipment for May is $330.
· Accrued receptionist salary on May 31 is $325.
Rent expired during May is $1,600.
Unearned fees on May 31 are $3,210.
Transcribed Image Text:uata to Compiete partSO) ana (. • Insurance expired during May is $275. • Supplies on hand on May 31 are $715. • Depreciation of office equipment for May is $330. · Accrued receptionist salary on May 31 is $325. Rent expired during May is $1,600. Unearned fees on May 31 are $3,210.
General Ledger
ASSETS
REVENUE
11 Cash
41 Fees Eamed
12 Accounts Receivable
14 Supplies
EXPENSES
15 Prepaid Rent
51 Salary Expense
16 Prepaid Insurance
52 Rent Expense
18 Office Equipment
53 Supplies Expense
19 Accumulated Depreciation
54 Depreciation Expense
55 Insurance Expense
LIABILITIES
59 Miscellaneous Expense
21 Accounts Payable
22 Salaries Payable
23 Unearned Fees
EQUITY
31 Kelly Pitney. Capital
32 Kelly Pitney. Drawing
Transcribed Image Text:General Ledger ASSETS REVENUE 11 Cash 41 Fees Eamed 12 Accounts Receivable 14 Supplies EXPENSES 15 Prepaid Rent 51 Salary Expense 16 Prepaid Insurance 52 Rent Expense 18 Office Equipment 53 Supplies Expense 19 Accumulated Depreciation 54 Depreciation Expense 55 Insurance Expense LIABILITIES 59 Miscellaneous Expense 21 Accounts Payable 22 Salaries Payable 23 Unearned Fees EQUITY 31 Kelly Pitney. Capital 32 Kelly Pitney. Drawing
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