Use the Following Unadjusted Trial Balance to Prepare Adjusting Entries,given

question 81

Essay

Use the following unadjusted trial balance to prepare adjusting entries,given the additional information below it.Assume financial statements are prepared quarterly.Omit explanations.
$\begin{array}{c}\text {Crivelli Financial Services}\\\text { Unadjusted Trial Balance}\\\text { September 30. 2010}\\\begin{array}{|l|r|}\hline \text { Cash } & \$ 20,000 \\\text { Accounts Receivable } & 6,400 \\\text { Office Supplies } & 1,000 \\\text { Prepaid Rent } & 3,600 \\\text { Office Furniture } & 9,600\\\text { Accumulated Depreciation -Office Furniture } && \$ 400 \\\text { Accounts Payable } && 14,800 \\\text { Unearned Revenue } && 2,000 \\\text { Common Stock } && 20,400 \\\text { Consulting Revenue } && 12,000\\ \text { Salaries Expense } & 7,400 & \\ \text { Insurance Expense } & 1,600 \\ & \$ 49,600 & \$ 49,600 \\\hline \end{array}\end{array}$

a. Of the revenue received in advance, 60 percent remained unearned on September 30.
b. The office furniture has an estimated five-year useful life and zero value at the end of that time. Record depreciation for the quarter.
c. Salaries earned, but unpaid, totaled $1,520.
d. The Prepaid Rent applies to the six months beginning July 1, 2010.
e. Office supplies on hand totaled $300 at the end of the quarter.
f. Services performed but not yet billed or recorded amount to $1,800.

Understand the relationship between treatment advancements and the prevalence of diseases.

Differentiate between various types of surveillance used in epidemiology.

Calculate and interpret risk and prevalence rates in various populations.

Understand the calculation of incidence rates in epidemiological studies.

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Definitions:

Coalition

An alliance formed by two or more individuals or groups against another individual or one or more groups to achieve certain ends.

Oppression

The systemic and pervasive exercise of power by one group over another, leading to the latter's disadvantage and injustice.

Economic Inequality

The unequal distribution of wealth, income, or resources among individuals or groups within a society.

Income

Income is the financial gain or earnings received by an individual or household from work, investments, or other sources during a given period of time.