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Journalize the adjusting entries

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Question - The data needed to determine year-end adjustments are as follows:

Unexpired insurance at October 31, $6,110.

Supplies on hand at October 31, $750.

Depreciation of building for the year, $4,040.

Depreciation of equipment for the year, $3,510.

Unearned rent at October 31, $2,260.

Accrued salaries and wages at October 31, $3,950.

Fees earned but unbilled on October 31, $23,220.

Required - Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense; Depreciation Expense-Building; Depreciation Expense-Equipment; and Supplies Expense.

 

Reference no: EM132547971

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