Explanation:
The Journal entry is shown below:-
1. Supplies A/c Dr, $530
To supplies expenses $530
(Being supplies on hand is recorded)
2. Insurance Dr, $125
To Prepaid insurance $125
(Being Insurance for the month is recorded)
3. Depreciation Dr, $75
To Accumulated depreciation $75
(Being depreciation is recorded)
4. Unearned revenue Dr, $920
To service revenue $920
(Being unearned revenue is recorded)
5. Accounts receivable Dr, $330
To service revenue $330
(Being service accounts receivable is recorded)
6. Interest expenses Dr, $80
To Interest payable $80
(Being interest expense is recorded)
7. Salaries expense Dr, $1460
To Salary payable $1460
(Being salary expense is recorded)
