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Question
Black Company's unadjusted and adjusted trial balances on December 31 of the current year are as follows
| Unadjusted Trial Balance | Adjusted Trial Balance | |||
| Cash | 4,000 | 4,000 | ||
| Prepaid insurance | 1,600 | 1,200 | ||
| Equipment | 9,000 | 9,000 | ||
| Accumulated depreciation Equipment | 900 | 1,800 | ||
| Salaries payable | 1,000 | |||
| Unearned repair fees | 2,500 | 600 | ||
| Repair fees earned | 10,000 | 11,900 | ||
| Salaries expense | 3,500 | 4,500 | ||
| Depreciation expense Equip | 900 | |||
| Insurance expense | 700 | 1,100 | ||
| Common stock | 5,000 | 5,000 | ||
| Retained earnings | 400 | 400 | ||
| 18,800 | 18,800 | 20,700 | 20,700 | |
Present the four adjusting journal entries that were recorded by Black Company.
Answer
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Related questions
Q:
Periods
12 Percent 1
8929 2
1.6901 3
2.4018 4
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Q:
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Q:
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