Chapter 3, Problem E3.29E

Using the worksheet to record the adjusting journal entries

Learning Objective 6

Adjustments $3,700 total

The worksheet of Best Jobs Employment Service follows but is incomplete.

Account Names	Unadjusted Trial Balance		Adjustments		Adjusted Trial Balance
	Debit	Credit	Debit	Credit	Debit	Credit
Cash	$1,100
Accounts Receivable	4,100
Office Supplies	1,200
Equipment	32,700
Accumulated Depreciation−Equipment		$13,900
Salaries Payable
Kubota, Capital		25,200
Kubota, Withdrawals	5,300
Service Revenue		9,000
Salaries Expense	2,200
Rent Expense
Depreciation Expense−Equipment
Supplies Expense
Total	$48,100	$48,100

The following data at April 30, 2018, are given for Best Jobs Employment Service.

1. Service revenue accrued $700.
2. Office supplies used, $300.
3. Depreciation on equipment, $1,300.
4. Salaries owed to employees $1,400.

Requirements

1. Calculate and enter the adjustment amounts directly in the Adjustments columns. Use letters a through d to label the four adjustments.
2. Calculate and enter the adjusted account balances in the Adjusted Trial Balance columns.
3. Prepare each adjusting journal entry calculated in Requirement 1. Date the entries, and include explanations.