Maurice Tutor

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Category > Management Posted 16 Feb 2018 My Price 7.00

Randall Roberts

The accounting records of Randall Roberts, Architect, include the following unadjusted balances at March 31: Accounts Receivable, $1,000; Supplies, $600; Salary Payable, $0; Unearned Service Revenue, $400; Service Revenue, $4,700; Salary Expense, $1,200; Supplies Expense, $0. Roberts’ accountant develops the following data for the March 31 adjusting entries:

a. Service revenue accrued, $2,000.

b. Unearned service revenue that has been earned, $200.

c. Supplies on hand, $100.

d. Salary owed to employee, $400.

Open a T-account for each account and record the adjustments directly in the accounts, keying each adjustment by letter. Show each account’s adjusted balance. Journal entries are not required.

 

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Maurice Tutor
(5)
Status NEW Posted 16 Feb 2018 10:02 PM My Price 7.00

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