Adjusting the Accounts

1. Supplies on hand at October 31, total $500.
2. Expired insurance for the month is $120
3. Depreciation for the month is $50
4. Services related to unearned service revenue in October worth $600 were performed.
5. Services performed but not recorded at October 31 are $360
6. Interest accrued at October 31 is $95.
7. Accrued salaries at October 31 are $1,625.

Instructions

Answer