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question o verizon 3 9 39 pm chapter 04 homework exercise 4 11 the unadjusted trial 4293410

Question

o Verizon 3%, 9:39 PM Chapter 04 Homework Exercise 4-11 The unadjusted trial balance for Pina Colada Corp. is shown below. PINA COLADA CORP. Trial Balance October 31, 2017 $15.200 3410 Prepaid Insurance 5.210 Notes Payable $5,210 Accounts Payable Common Stock 11,150 Retained Earnings 530 Service Revenue 13,760 Salaries and Wages Expense 5,560 $34,660 $24,660 Assume the following adjustment data. 1. Supplies on hand at October 31 total $540. 2. Expired insurance for the month is $125. Depreciation for the month is $150. A As of October 31, services worth $920 related to the previously recorded unearned revenue had been performed. Services performed but unbilled (and no receivable has been recorded) at October 31 are $330. 6. Interest expense accrued at October 31 is $80. Accrued salaries at October 31 are $1,500. Prepare the adjusting entries for the items above. (If no entry is required, select “No Entry” for the account titles and enter o fo the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

 

 

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