The trial balance for Pioneer Advertising Agency shows the following:

PIONEER ADVERTISING AGENCY
Trial Balance
October 31, 2010
Debit Credit
Cash $15,346
Advertising Supplies 2,362
Prepaid Insurance 864
Office Equipment 7,800
Notes Payable $5,007
Accounts Payable 2,362
Unearned Revenue 1,236
C.R. Byrd, Capital 10,080
C.R. Byrd, Drawing 478
Service Revenue 12,813
Salaries Expense 3,879
Rent Expense 769

$31,498

$31,498

Assume the following adjustment data.

  1. Advertising supplies on hand at October 31 total $530.
  2. Expired insurance for the month is $144.
  3. Depreciation for the month is $78.
  4. Unearned revenue earned in October totals $618.
  5. Services provided but not recorded at October 31 are $228.
  6. Interest accrued at October 31 is $87.
  7. Accrued salaries at October 31 are $1,489.

Instructions

Prepare the adjusting entries for the items above.

Date Account/Description Debit Credit
1. Oct.31
2. Oct.31
3. Oct.31
4. Oct.31
5. Oct.31
6. Oct.31
7. Oct.31