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Provide the Adjusting Entries to Account for the Differences Between

Question 74

Essay

Provide the adjusting entries to account for the differences between the trial balance amounts and the adjusted trial balance amounts for the accounts shown. Only a partial trial balance is provided. Use the Adjustments column to show the entries.

   Trial Balance  Adjustments  Adjusted Trial Balance
  Debit   Credit  Debit  Credit  Debit  Credit
Supplies  500        250  
 Prepaid Rent  1,100        300  
 Equipment  10,000        10,000  
 Accum. Dep. - Equip    3,000        3,400
 Service Fees    1,200        1,200
 Depreciation Expense          400  
 Telephone Expense  50        50  
 Salaries Expense  500        600  
 Rent Expense            
 Supplies Expense          250  

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Trial Balance Adjustments Trial...

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