Showtime Theater Production Companys partially completed worksheet as of December 31, 2014, follows. Requirements 1. Analyze the

Showtime Theater Production Company’s partially completed worksheet as of December 31, 2014, follows.

Requirements
1. Analyze the worksheet to determine the adjusting entries that account for the differences between the unadjusted trial balance and the adjusted trial balance. Complete the worksheet. Use letters a through e to label the five adjustments.
2. Journalize the adjustingentries.

Transcribed Image Text:

SHOWTIME THEATER PRODUCTION COMPANY Worksheet December 31, 2014 Unadjusted Trial BalanceAdjustments Adjusted Trial Balance Debit Credit l Debit ! Credit Debit Credit Account Names Cash Accounts Receivsble Office Suppies Prepsid Insurance Equiprsent Accumulsted Deprecistion Equipment Accounts Payable Salaries Payable Common Stock Dividends Service Revenue Deprecistion Expense Equipment Suppies Expense Utlities Expense Salsries Expense Ihsurance Experse Total 3,500 Debrt 6,000 1,300 2,100 23,000 S 3.500 6,900 500 1300 23,000 5 11,600 5,000 21,100 59,600 500 21,100 28,500 28,500 60,500 3.500 800 5,400 24,500 5,400 24,000 S93,80092,800