Selected accounts of Conan Company are shown below.

Instructions
From an analysis of the T-accounts, reconstruct
(a) The August transaction entries,
(b) The adjusting journal entries that were made on August 31, 2014.
Prepare explanations for each journalentry.

Transcribed Image Text:

Supplies 1,200 8/31 Salaries and Wages Expense Accounts Receivable Beg. Bal 12,100 3,600 8/31 Salaries and Wages Payable 8/15 8/31 2,600 2,100 8/31 2,100 Unearned Service Revenue 2,000 8/20 Service Revenue Supplies Expense 8/31 3,200 8/31 712 8/31 8/31 12,100 3,600 2,000