Question: Firefox File Edit View History Bookmarks Tools Window A T Q O Mon Sep 9 12:04 PM ... My Apps X Chapter_3_Homework_Problem X Chapter_3_Homework_Problem_1 X

Firefox File Edit View History Bookmarks ToolsFirefox File Edit View History Bookmarks ToolsFirefox File Edit View History Bookmarks Tools
Firefox File Edit View History Bookmarks Tools Window A T Q O Mon Sep 9 12:04 PM ... My Apps X Chapter_3_Homework_Problem X Chapter_3_Homework_Problem_1 X + C O & https://iad.scorm.canvaslms.com/RusticiEngine/defaultui/player/modern.html?configuration=sconelD&preventRightClick=false&cc=en. & E Prepare the most likely adjusting entry that was recorded on December 31, 2020. The following unrelated accounts are from the trial balance of Type your answers in the correct boxes. Your answers should not Gabel Inc. at December 31, 2020 its fiscal year-end. contain any commas. Balance Gabel Inc. General Journal Unadjusted Adjusted Dec. Description PR Debit Prepaid insurance $ 300 2020 Credit a $ 500 b. Unused supplies 350 400 Adjusting Entries C. Accumulated depreciation - truck -0- 1,200 a. Dec. 31 Insurance Expense d. Salaries payable 2,500 2,600 Prepaid Insurance e Unearned fees revenue 5,000 1,000 To record expiry of f. Income taxes payable -0- 3,500 prepaid insurance g. Other revenue 50,000 45,000 b. Dec. 31 Supplies Expense h. Commissions expense 4,000 5,500 Unused Supplinc 2/3 SEP 9 m tvFirefox File Edit View History Bookmarks Tools Window A T Q O Mon Sep 9 12:05PM My Apps X Chapter_3_Homework_Problem X Chapter_3_Homework_Problem_1 X + C O & https://iad.scorm.canvasims.com/RusticiEngine/defaultui/player/modern.html?configuration=sconelD&preventRightClick=false&cc=en & E To adjust unused supplies to count at year-end C. Dec. 31 Depreciation Expense-Truck Accumulated Depreciation-Truck To record truck depreciation. d. Dec. 31 Salaries Expense Salaries Payable To record unpaid salaries at year-end. e Dec. 31 Unearned Fees Fees Earned To record fees earned. 2/3 SEP 9Firefox File Edit View History Bookmarks Tools Window A T Q O Mon Sep 9 12:05PM My Apps X Chapter_3_Homework_Problem X Chapter_3_Homework_Problem_1 X + C O & https://iad.scorm.canvasims.com/RusticiEngine/defaultui/player/modern.html?configuration=sconelD&preventRightClick=false&cc=en & E Income Taxes Payable To record income taxes expense g. Dec. 31 Other Revenue Unearned Revenue To record unearned portion of other revenues. h. Dec. 31 Commissions Expense Accounts Payable To accrue commissions at year-end i. Dec. 31 Interest Expense Interest Payable 2/3 SEP 9

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