The unadjusted trial balance of Pigeon Delivery at December 31, 2023, appears below. The data needed for the month-end adjustments follow the trial balance.

Adjustment data at December 31:

a. Prepaid rent still available at December 31, $4,400.

b. Supplies used during the month, $1,800.

c. Amortization on trucks for the month, $670.

d. Accrued salaries expense at December 31, $950.

e. Unearned delivery revenue still remaining to be earned at December 31, $2,500.

Required

1. Open T-accounts for the accounts listed in the unadjusted trial balance, inserting their December 31 balances.

2. Journalize the adjusting entries

3. Post the adjusting entries to the T-accounts. Identify the posted amounts by their letter. Show the ending balance of each account.

4. Prepare the adjusted trial balance. Report expenses in alphabetical order.

Transcribed Image Text:

Account Title Cash Accounts receivable Prepaid rent Supplies Trucks Accumulated amortization-trucks Accounts payable Salaries payable Unearned delivery revenue M. Fowl, capital M. Fowl, withdrawals PIGEON DELIVERY Unadjusted Trial Balance December 31, 2023 Delivery revenue Salaries expense Rent expense Amortization expense-trucks Advertising expense Supplies expense Total Debit $ 24,180 44,500 8,800 2,100 69,000 12,000 7,200 0 0 2,100 0 $169,880 Credit $ 34,500 5,800 0 6,400 75,180 48,000 $169,880