Question: 4. Prepare the adjusting entries for the transactions given below: 1. Advertising supplies on hand at October 31 total $500. 2. Expired insurance for the
4. Prepare the adjusting entries for the transactions given below:
1. Advertising supplies on hand at October 31 total $500.
2. Expired insurance for the month is $100.
3. Depreciation for the month is $50.
4. Unearned revenue earned in October totals $600.
5. Services provided but not recorded at October 31 are $300.
6. Interest accrued at October 31 is $70.
7. Accrued salaries at October 31 are $1,500.
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