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The unadjusted trial balance for Culver Corporation is shown below. Assets Liabilities Acc. Depr.- Equip 0 Accts. Rec. 0 Prepd. Insur. 684 Cash Bal. 17.328 + + Supplies + 2.850 + Notes Pay. 5.700 Equip 5.700 Accts. Pay. 2,850 Int. Pay. 0 Unearned Serv. Rev. 1,368 Assume the following adjustment data. 1. 2 3. Supplies on hand at October 31 total $570. Expired insurance for the month is $114. Depreciation for the month is $94 As of October 31, services worth $912 related to the previously recorded unearned revenue had been performed. Services performed but unbilled (and no receivable has been recorded) at October 31 are $326. Interest expense accrued at October 31 is $73. Accrued salaries at October 31 are $1,596. 5. 6. 7. Prepare a tabufar summary to record adjustments for the items above using the summary that follows (If a transaction results in a decrease in Assets, Llabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Accts. Rec. Prepd. Insur. Cash Supplies + Bal. 17,328 0 2,850 1. 2. The unadjusted trial balance for Culver Corporation is shown below. Assets Liabilities Acc. Depr.- Equip 0 Accts. Rec. 0 Prepd. Insur. 684 Cash Bal. 17.328 + + Supplies + 2.850 + Notes Pay. 5.700 Equip 5.700 Accts. Pay. 2,850 Int. Pay. 0 Unearned Serv. Rev. 1,368 Assume the following adjustment data. 1. 2 3. Supplies on hand at October 31 total $570. Expired insurance for the month is $114. Depreciation for the month is $94 As of October 31, services worth $912 related to the previously recorded unearned revenue had been performed. Services performed but unbilled (and no receivable has been recorded) at October 31 are $326. Interest expense accrued at October 31 is $73. Accrued salaries at October 31 are $1,596. 5. 6. 7. Prepare a tabufar summary to record adjustments for the items above using the summary that follows (If a transaction results in a decrease in Assets, Llabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Accts. Rec. Prepd. Insur. Cash Supplies + Bal. 17,328 0 2,850 1. 2

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