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

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

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Accounting

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1. Adjusting data of CAK Intermet 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 ADJUSTED TRIAL BALANCE DEBIT TRIAL BALANCE ADJUSTMENTS CREDIT CREDIT CREDIT DEBIT ACCOUNT TITLE Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation Accounts payable Salary payable Unearned service revenue Retained earning Cak, capital Service revenue DEBIT $9,100 15,000 2,300 1,000 30,600 $3,800 6,400 9,800 4,000 20,000 17,000 3,000 Salary expense Rent expense Depreciation expense Supplies expense $61,000 $61,000

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