Selected worksheet data for Nicholson Company are presented below.
|
Account Titles |
Trial Balance |
Adjusted trial Balance |
||
|
Accounts Receivable |
? |
34000 |
||
|
Prepaid Insurance |
26000 |
20000 |
||
|
Supplies |
? |
|||
|
Accumulated Depreciation |
12000 |
? |
||
|
Salaries Payable |
? |
5000 |
||
|
Service Revenue |
88000 |
97000 |
||
|
Insurance Expense |
? |
|||
|
Depreciation Expense |
10000 |
|||
|
Supplies Expense |
5000 |
|||
|
Salaries Expense |
? |
49000 |
||
Instructions
(a) Fill in the missing amounts.
(b) Prepare the adjusting entries that were made.