Prepare the Necessary Adjusting Entry for Each of the Following

question 175

Essay

Prepare the necessary adjusting entry for each of the following:
1. Supplies on hand are $900 (the balance of the supplies account is $1,600).
2. Accrued salaries at year-end are $1,000.
3. Depreciation on equipment for the year is $600.

---

Definitions:

Viscous Lava

Lava that has a thick, sticky consistency due to a high silica content, flowing slowly.

Lava Fountain

A spectacular volcanic phenomenon where lava is forcefully ejected into the air from a vent or fissure, forming a fountain-like display.

Fluid Lava

describes lava with low viscosity that flows easily, typically associated with less explosive volcanic eruptions.

Felsic Magmas

Magmas that are rich in lighter elements like silicon and oxygen, usually linked with explosive volcanic eruptions due to their high viscosity and trapped gases.