ANATONS USE THE EXACT ACCOUNT TITLES INDICATED BELOW: ome...

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Accounting

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ANATONS USE THE EXACT ACCOUNT TITLES INDICATED BELOW: ome ttoukts may not be used or may be used more than once). DO NOT INCLUDE Accounts Receivable, Accounts Payable, Accumulated Depreciation: Equipment, Cash, Depreciation Expense: Equipment, Interest Expense, Interest Payable, J. Capital, J. Withdrawals, Notes Payable, Prepaid Rent, Rent Expense, Salaries Expense, Salaries Payable, Service Revenues, Supplies, Supplies Expense, Unearned Revenues 1. The company borrowed $12,000 on OCT, 1" at 10% annual interest rate. The note and interest owed ll dacin monthes Record the reeuired elstog entyn Dee Date Credit 2.The balance of unearned revenues is $1,200 which was a prepayment from a customer fo months of services to be provided, Date beginning Nov. 1st. Record adjusting entry on 12/31 Debit 3.0n Dec. 31" the ledger account supplies has a balance of $ 900. An inventory of supplies indicates only $ 200 of supplies remain "on hand". Record adjusting entry needed on 12/31 Date Description Debit Credit 4. The annual depreciation on Equipment of $ 1,200 has not been recorded. Record adjusting entry needed on 12/31 Date Debit Credit 5. Prepaid Rent has a balance of $1,200 which was the amount paid on Oct 1 st for 6 month's rent beginning Oct 1st. Record adjusting entry needed on 12/31 Date Debit Credit 6. Employees at T-Co. earn $100 per day. Employees are paid every Friday for a five-day workweek. Record the required adjusting entry if Dec. 31st is a Thursday Date Debit Credit 7. On Dec. 31t, service revenues of $ 500 were earned, but not billed. Record adjusting entry needed on 12/31 Date Debit Bonus: For each of the ad ustments above indicate if i's an accrual (a) or deferral (d)

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