Question

Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

1. Services performed but unbilled and uncollected at July 31 were $1,870.

2. Depreciation on equipment for the month was $200.

3. One-twelfth of the insurance expired.

4. A count shows $350 of cleaning supplies on hand at July 31.

5. Accrued but unpaid employee salaries were $440.

Answer 1

Journal

Date	Account title	Debit	Credit
1	Accounts receivable	1,870
	Service revenue		1,870
2	Depreciation expense	200
	Accumulated depreciation - Equipment		200
3	Insurance expense
	Prepaid insurance
4	Supplies expense
	Supplies
5	Salaries expense	440
	Salaries payable		440

Prepaid insurance and supplies beginning are missing in the question, hence amount for entry 3 and 4 could not be written. If you provide the missing amounts of Prepaid insurance and supplies beginning, I will complete entry 3 and 4.