question

part 1

part 2

Given Data: Note: See 'Part 1 ' for unadjusted trial balance a) Expiration of $100 of prepaid insurance b) Used $1,050 of supplies c) Depreciation on equipment of $200 d) Earned $250 of revenue received in advance e) Accrued interest of $35 on the note payable f) Accrued $70 of salaries owed to an employee g) Accrued $1800 of revenue owed by a customer ARADW HDSPITALITY Trial Balances September 30, 2017 35053505 With paying rent in advance with recening the benfit of having the oftice for one month. When we close to end of the month it means we closing to using this benft (asset), so, if means we decreaging of using this benfit (asset). Decreasing benfi (asset) means we have credt exactly same as prepaid rent (experises) Excel Templates Problem 3-12A Part 2 Office furniture Less: Accumulated depreciation, office furniture Total assets Liabilities 4 Accounts payable Interest payable 6 Wages payable 7 Notes payable Total liabilities Equity Eli Arrow, capital Total liabilties and equity \begin{tabular}{ll} & 0 \\ \hline 5 & 0 \\ \hline \end{tabular}