The trial balances shown on below are before and after adjustment for Ivy Company at the end of its fiscal year.

Instructions
Prepare the adjusting entries that weremade.

IVY COMPANY Trial Balance August 31, 2010 Before Adjustment After Adiustment Cash Accounts Receivable Office Supplies Prepaid Insurance Office Equipment Accumulated Depreciation- Office Equipment Accounts Payable Salaries Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Salaries Expense Office Supplies Expense Rent Expense Insurance Expense Depreciation Expense $10,900 8,800 2,500 4,000 16,000 $10,900 9,400 500 2,500 16,000 3,600 5,800 0 1,800 10,000 5,600 $ 4,800 5,800 1,100 900 10,000 5,600 2,800 2,800 34,000 13,200 34,600 14,100 17,000 0 12,000 0 0 18,100 2,000 12,000 1,500 1,200 $74,000 $74,000 $76,900 $76,900