Elkton Company specializes in the maintenance and repair of signs, such as billboards. On July 31, 2008, the accountant for Elkton Company prepared the following trial balances.

Instructions
Journalize the seven entries that adjusted the accounts at July 31. None of the accounts were affected by more than one adjustingentry.

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Elkton Company Trial Balance July 31, 2008 Unadjusted Debit Adjusted Credit Debit Credit Balances Balances Balances Balances 4,750 17,400 975 1,200 50,000 120,000 120,000 49,500 53,100 75,000 Trucks _.. 75,000 Accumulated Depreciation Trucks 13,300 7,520 1,180 5,100 146,700 11,800 6,920 7,400 146,700 Unearned Service Fees . 5,000 5,000 152,680 154,980 Salary Expense73,600 Depreciation Expense-Trucks ··········.. Rent Expense Supplies Expene . . . 74,780 1,500 9,600 2,625 6,800 3,600 1,720 4,450 2,480 381,880 9,600 Depreciation Expense-Buildings Insurance Expensea.. Miscellaneous Expense ..2,480 375,000 375,000 381,880