Exercise 4-3 Preparing adjusting entries from a work sheet LO P1

Use the following information from the Adjustments columns of a 10-column work sheet.

		Adjustments
No.	Account Title	Dr.					Cr.
109	Interest receivable		(d)	$	771
124	Office supplies							(b)	$	1,936
128	Prepaid insurance							(a)		1,186
164	Accumulated depreciationOffice equipment							(c)		3,300
209	Salaries payable							(e)		851
409	Interest revenue							(d)		771
612	Depreciation expenseOffice equipment		(c)		3,300
620	Office salaries expense		(e)		851
636	Insurance expenseOffice equipment		(a)		569
637	Insurance expenseStore equipment		(a)		617
650	Office supplies expense		(b)		1,936
	Totals			$	8,044				$	8,044

Record insurance expense for office equipment and store equipment.

Record office supplies expense.

Record the depreciation of office equipment.

Record the accrual of interest income.

Record the accrual of office salaries expense.