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  3. 1. adjusting data of cak intemet at june 30, 2018:

1. Adjusting data of CAK Intemet at June 30, 2018: a. Unearned service revenues still...

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Accounting

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1. Adjusting data of CAK Intemet at June 30, 2018: a. Unearned service revenues still unearned, $800. b. Prepaid rent still in force, $2,100. c. Supplies used during the month $900. d. Depreciation for the month $400. e. Accrued salary expense, $1,500. Requirements (1) Journalize adjusting journal entries. (5 Marks) (2) Completing the following worksheet. (5 Marks) (3) Prepare closing entries. (4 Marks) (4) Prepare income statement and balance sheet. (6 Marks) CAK INTERNET Worksheet June 30,2018 TRIAL ADJUSTED TRIAL BALANCE ADJUSTMENTS BALANCE ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT Cash $9,100 Accounts receivable 15,000 Prepaid rent 2,300 Supplies 1,000 Equipment 30,600 Accumulated depreciation $3,800 Accounts payable 6,400 Salary payable Unearned service revenue 9,800 Retained earning 4,000 Cak, capital 20,000 Service revenue 17,000 Salary expense 3.000 Rent expense Depreciation expense Supplies expense $61,000 $61,000

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