A select list of transactions for Anuradha’s Goals follows:
Apr 1 Paid six months of rent, $4,800.
10 Received $1,200 from customer for six-month service contract that began April 1.
15 Purchased computer for $1,000.
18 Purchased $300 of office supplies on account.
30 Work performed but not yet billed to customer, $500.
30 Employees earned $600 in salary that will be paid May 2.
Requirement
1. For each transaction, identify what type of adjusting entry would be needed.