The Accounting Records of Marcus Service Company Include the Following

question 96

Essay

The accounting records of Marcus Service Company include the following selected,unadjusted balances at June 30: Accounts Receivable,$2,700; Office Supplies,$1,800; Prepaid Rent,$3,600; Equipment,$15,000; Accumulated Depreciation - Equipment,$1,800; Salaries Payable,$0; Unearned Revenue,$2,400; Office Supplies Expense,$2,800; Rent Expense,$0; Salaries Expense,$15,000; Service Revenue,$40,500.
The following data developed for adjusting entries are as follows:
a.Service revenue accrued,$1,400
b.Unearned Revenue that has been earned,$800
c.Office Supplies on hand,$700
d.Salaries owed to employees,$1,800
e.One month of prepaid rent has expired,$1,200
f.Depreciation on equipment,$1,500
Journalize the adjusting entries.Omit explanations.

---

Definitions:

Shutter Bar Open/Close Button

A control in some software applications, especially those involving graphics or document views, that allows users to open or close sidebars and panels.

Navigation Pane

A feature in various software applications that displays a structured list or directory, allowing users to navigate through the application's contents or sections more efficiently.

Database Objects

Various types of data structures, such as tables, views, stored procedures, functions, and indexes, used within a database to store, modify, and manage data.

Navigation Buttons

Interactive elements in software and websites that enable users to move through pages, documents, or multimedia content.