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seropon [69]
3 years ago
6

The trial balance for Pioneer Advertising Inc. is shown below.

Business
1 answer:
Vladimir79 [104]3 years ago
7 0

Answer:

                 Adjusting Entries

<u>October 31, 2017</u>

Supplies expense Dr $1600 ($2300-$700)

Supplies Cr $1600

<u>October 31, 2017</u>

Insurance expense Dr $300

Prepaid insurance Cr $300

<u />

<u>October 31, 2017</u>

Depreciation expense Dr $80

Accumulated depreciation Cr $80

<u>October 31, 2017</u>

Unearned Service Revenue Dr $600

Service Revenue Cr $600

<u />

<u>October 31, 2017</u>

Accounts Receivable Dr $300

Service Revenue Cr $300

<u>October 31, 2017</u>

Interest Expense Dr $90

Interest payable Cr $90

<u>October 31, 2017</u>

Salaries and Wages Expense Dr $1200  

Salaries and Wages Payable Cr $1200

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