Acc280 Financial Accounting: E4-6 Selected work sheet data for Nicholson Company

Acc280 Financial Accounting:

E4-6
Selected work sheet data for Nicholson Company are presented below.
(a) Fill in the missing amounts. (If answer is zero, please enter 0. Do not leave any fields blank.)
Account Titles Trial Balance Adjusted Trial Balance
Dr. Cr. Dr. Cr.
Accounts Receivable 34,000
Prepaid Insurance 26,000 20,000
Supplies 7,000
Accumulated Depreciation 12,000
Salaries Payable 5,000
Service Revenue 88,000 97,000
Insurance Expense
Depreciation Expense 10,000
Supplies Expense 5,000
Salaries Expense 49,000

(b) Prepare the adjusting entries that were made.
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