Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 430 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Sep 2017 My Price 7.00

Pioneer Advertising Agency

The trial balance for Pioneer Advertising Agency shows the following:

PIONEER ADVERTISING AGENCY
Trial Balance
October 31, 2010  
  Debit   Credit
Cash $15,346    
Advertising Supplies 2,362    
Prepaid Insurance 864    
Office Equipment 7,800    
Notes Payable     $5,007
Accounts Payable     2,362
Unearned Revenue     1,236
C.R. Byrd, Capital     10,080
C.R. Byrd, Drawing 478    
Service Revenue     12,813
Salaries Expense 3,879    
Rent Expense 769    
 

$31,498

  

$31,498

Assume the following adjustment data.

  1. Advertising supplies on hand at October 31 total $530.
  2. Expired insurance for the month is $144.
  3. Depreciation for the month is $78.
  4. Unearned revenue earned in October totals $618.
  5. Services provided but not recorded at October 31 are $228.
  6. Interest accrued at October 31 is $87.
  7. Accrued salaries at October 31 are $1,489.

Instructions

Prepare the adjusting entries for the items above.

  Date Account/Description Debit Credit
1. Oct.31      
         
2. Oct.31      
         
3. Oct.31      
         
4. Oct.31      
         
5. Oct.31      
         
6. Oct.31      
         
7. Oct.31      
     

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Sep 2017 06:09 PM My Price 7.00

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