Question

create an adjusted entries

. accrued salaries and wages at July 31, $900
. unexpired insurance at July 31, $1,500
. Fees earned but unbilled on July 31, $10,200.
. Supplies on hand at July 31,$615.
. rent unearned at july 31, $300.

submit 5 entries please

Answer 1

1) Salary a/c dr $900

    Salary payable $900

Wages a/c dr $900

outstanding wages $900

2) Prepaid insurance a/c dr $1500

    Insurance expense      $1500

3)Accounts receivable a/c   Dr      $10200

Fees earned    $10200

4)Supplies expense a/c Dr   $615

Supplies     $615

5) Cash a/c dr            $300

To unearned rent        $300