The adjusted trial balances of Anderson Plating Services, Inc., at December 31, 2018, and December 31, 2019, include these amounts:

Analysis of the accounts at December 31, 2019, reveals these transactions for the past 12 months:

Purchases of supplies.......................................................................................$4,500Cash payments for salaries .............................................................................52,300Cash receipts in advance for service revenue.............................................106,400

Requirement

Compute the amount of supplies expense, salaries expense, and service revenue Anderson Plating Services, Inc., will report for the year ended December 31, 2019. Create T-accounts and post the information to solve for the unknown amounts.

Transcribed Image Text:

2019 2018 $ 3,300 Supplies.. $2,800 3,700 8,600 Salaries Payable. 1,500 14,000 Unearned Service Revenue