The trial balance for Pioneer Advertising Agency shows the following: $26,218 $2
ID: 2376244 • Letter: T
Question
The trial balance for Pioneer Advertising Agency shows the following:
$26,218
$26,218
Assume the following adjustment data.
Instructions
Prepare the adjusting entries for the items above.
PIONEER ADVERTISING AGENCY Trial Balance October 31, 2010Debit Credit Cash $15,055
Advertising Supplies 2,281
Prepaid Insurance 864
Office Equipment 2,500
Notes Payable
$4,924 Accounts Payable
2,281 Unearned Revenue
1,458 C.R. Byrd, Capital
11,020 C.R. Byrd, Drawing 519
Service Revenue
6,535 Salaries Expense 4,092
Rent Expense 907
$26,218
$26,218
Explanation / Answer
.
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