The unadjusted and adjusted trial balances for Tinker Corporation on December 31, 2011, are shown below:

Journalize the nine adjusting entries that the company made on December 31,2011.

Transcribed Image Text:

TINKER CORPORATION TRIAL BALANCES DECEMBER 31, 2011 Unadjusted Adjusted Debit Credit Debit Credit Cash Accounts receivable Unexpired insurance S 35,200 29,120 1,200 5,400 680 60,000 $35,200 34,120 600 3,600 380 60,000 Office supplies. Equipment Accumulated depreciation: equipment Accounts payable Notes payable . .. - Interest payable Salaries payable Income taxes payable Unearned revenue $ 49,000 900 5,000 200 50,000 900 5,000 250 2,100 2,170 3,800 25,000 30,000 99,530 1,570 6,800 25,000 30,000 91,530 Capital stock Retained eamings Fees earned Advertising expense Insurance expense Rent expense Office supplies expense . . - 1,500 6,600 19,800 1,200 4,800 11,000 26,300 200 7,000 1,500 7,200 21,600 1,500 4,800 12,000 28,400 250 7,600 Depreciation expense: equipment Salaries expense - Interest expense Income taxes expense.... $210,000 $210,000 $218,750 $218,750