The unadjusted trial balance for Pronghorn Corp is shown below:
PRONGHORN CORP
Cash Supplies Prepaid Insurance Equipment Notes Payable Accounts Payable Unearned Service Revenue
Debit $16,100 $3,390 $750 $4,710
Credit $4,710 $2,860 $1,810 $11,240 $0
Retained Earnings Dividends Service Revenue Rent Expense
$620 $13,180 $4,009 $4,230 $33,800 $33,800
Assume the following adjustment data:
1. Supplies on hand at October 31 total $620.
2. Expired insurance for the month is $125.
3. Depreciation for the month is $110.
4. As of October 31, services worth $900 related to the previously recorded unearned revenue had been performed.
5. Services performed but unbilled (and no receivable has been recorded) at October 31 are $350.
6. Interest expense accrued at October 31 is $75.
7. Accrued salaries at October 31 are $1,445.
Prepare the adjusting entries for the items above. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
