Maurice Tutor

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    Argosy University/ Phoniex University/
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Category > Accounting Posted 26 Jul 2017 My Price 6.00

Pioneer Advertising Agency

Help in ACC 280
Help in XACC 280

Exercise 3-9 (E3-9)The trial balance for Pioneer Advertising Agency is shown in Illustration 3-3, p. 98. In lieu of the adjusting entries shown in the text at October 31, assume the following adjustment data.
1. Advertising supplies on hand at October 31 total $500.
2. Expired insurance for the month is $100.
3. Depreciation for the month is $50.
4. Unearned revenue earned in October totals $600.
5. Services provided but not recorded at October 31 are $300.
6. Interest accrued at October 31 is $70.
7. Accrued salaries at October 31 are $1,500.

Instructions
Prepare the adjusting entries for the items above.

Answers

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Status NEW Posted 26 Jul 2017 02:07 PM My Price 6.00

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