Adjusting Entries The following partial list of accounts and account balances has been taken from the trial balance and the adjusted trial balance of the Barker Company:
|
Trial Balance |
Adjusted Trial Balance |
||
|
Debit |
Credit |
Debit |
Credit |
|
Accumulated depreciation |
$5,200 |
$6,600 |
|
|
Allowance for doubtful accounts |
380 |
650 |
|
|
Income taxes payable |
0 |
2,250 |
|
|
Interest payable |
0 |
320 |
|
|
Prepaid insurance |
$350 |
$90 |
|
|
Salaries payable |
0 |
720 |
|
|
Unearned rent |
900 |
300 |
|
Required
Prepare the adjusting entry that caused the change in each account balance.