Question

E3-19A (book/static) Question Help lenu ments The following data pertain to the November 30 adjusting entries: O (Click the icon to view the data.) The accounting records of Travel Time, Inc. include the following unadjusted balances at November 30. Accounts receivable, $900, Suppies, $650; Prepaid insurance, $2,000; Accumulated depreciation, equipment, $2,800; Salaries payable, $0; Uneamed service revenue, $1,500; Servioe revenue, $6,200,; Depreciation expense, equipment, $525; Salaries expense, $1,600, Insurance expense, $400; and Supplies expense, $0. mework Requirement Record the adjustmonts in the general journal, then post them to T-accounts, labeling each adjustment by letter. Calculate each account's adjusted balance. Quiz/Test Start by recording the adjustments. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Service revenue acorued, $1,800 Journal Entry Debit Credit Accounts Date Nov Choose from any list or enter any number in the input fields and then click Check Answer 6 parts remaining Clear All Check Answer

Answer 1

Adjusting Entries:

Date	Account title and explanation	Debit	Credit
Nov 30	Accounts receivable	$1,800
	Service revenue		$1,800
	[To record accrued revenues]
Nov.30	Unearned revenue	$850
	Service revenue		$850
	[To record revenue earned from unearned]
Nov.30	Supplies expense [650-175]	$475
	Supplies		$475
	[To record supplies expense]
Nov.30	Salaries expense	$650
	Salaries payable		$650
	[To record accrued salaries expense]
Nov.30	Depreciation expense	$175
	Accumulated depreciation-equipment		$175
	[To record depreciation expense]
Nov.30	Insurance expense	$200
	Prepaid insurance		$200
	[To record insurance expense]