Question: Please refer to the table below to answer the following questions. Journal Entry Debit Credit Date Accounts and Explanations 1,000 April 30 Rent Expense 1,000


Please refer to the table below to answer the following questions. Journal Entry Debit Credit Date Accounts and Explanations 1,000 April 30 Rent Expense 1,000 Prepaid rent 200 April 30 Unearned service revenue 200 Service revenue 100 April 30 Supplies expense Supplies 100 April 30 Salary Expense 900 Salary Payable 900 April 30 Depreciation expense-furniture 300 Accumulated depreciation-furniture 300 1. Provide an explanation as to why the following accounts are being adjusted: Prepaid rent: Enter answer here. Unearned service revenue: Enter answer here. Supplies: Enter answer here. Salary payable: Enter answer here. Accumulated depreciation: Enter answer here
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