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The Sunland Corporation had the following unadjusted trial balance at the end of its fiscal...

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Accounting

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The Sunland Corporation had the following unadjusted trial balance at the end of its fiscal year, July 31, 2027. Additional information for adjusting entries: 1. On July 31 , the company had performed $900 of services for a client that it had not billed or recorded. 2. Record rent expense this month. The current balance in Prepaid Rent represents 2 months of rent. 3. Supplies on hand on July 31 were $500. 4. Unrecorded monthly depreciation is $260. 5. Interest is due on the note payable on the first day of each following month, beginning August 1 . Interest for July is $3. 6. As of July 31 , the company owed $2,800 of salaries and wages to its employees for the month just ended. 7. During July, the company satisfied $2,020 worth of services related to amounts that had previously been recorded as Unearned Service Revenue. This revenue has not yet been recorded. Prepare the adjusting entries for July 31. (Credit account titles are automatically indented when the amount is entered. Do n indent manually. List all debit entries before credit entries.) No. Date Account Titles and Explanation Debit Credit 1. July 31 2. July 31 3. July 31 4. July 31 5. July 31 6. July 31 7. July 31

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