Monague Company prepares monthly financial statements. The information in (a) to (e) is available for the preparation of adjusting entries for the month ended September 30, 2014:
a. Of the $ 18,000 balance in Unearned Revenue, $ 11,800 has been earned.
b. Furniture costing $14,800 was purchased last year. It will be used for four years and donated to charity after that time.
c. The Office Supplies account shows an unadjusted balance of $7,200. A physical count reveals that $6,100 has been used.
d. Services provided to customers today (month-end) but unbilled total $14,350.
e. Rent of $12,400 for the month of September is unpaid and unrecorded.
Required
Prepare the required adjusting entries at September 30, 2014, for (a) to (e) and the subsequent entries required for (f) and (g).
f. The $14,350 of service revenue accrued in (d) was collected on October 3, 2014.
g. The $12,400 of rent accrued in (e) was paid on October 4, 2014.