Question

Described below is information relating to six adjustments that need to be made at the end of April, 2019 for Vamonos Pest Services, Inc. 1) Vamonos previously purchased three service vehicles to be used in its normal operations. The company estimates depreciation for the month of April is $1,300. 2) A count of supplies inventory revealed $1.800 in supplies are still on hand at the end of the month. The current balance in the supplies account at this time is $6,500. 3) At the end of the month, Vamonos determined it still owed employees $7.800 for time worked since the last payroll. This amount will be paid at the next regular payroll date next month. 4) At the end of the month. Vamonos realized it forgot to send an invoice to Salamanca Enterprises for $21.000 of services that were already provided during the month. 5) Vamonos received a utility bill of $2,350 for the month of April from the City of Albuquerque. The bill will be paid next month. 6) During the month of April. Vamonos entered into a contract with Los Pollos Hermanos, Inc. to provide consulting services over the next four months, receiving full payment of $60,000 on April 18th. At the end of the month, Vamonos determined that $13,000 of services related to the contract had been provided.

Answer 1

1]	Depreciation expense-Service vehicles	$            1,300
	Accumulated depreciation-Service vehicles		$          1,300
2]	Supplies expense [6500-1800]	$            4,700
	Supplies		$          4,700
3]	Wages and salaries expense	$            7,800
	Wages and salaries payable		$          7,800
4]	Accounts receivable	$          21,000
	Service revenue		$       21,000
5]	Utilities expense	$            2,350
	Utilities payable		$          2,350
6]	Unearned service revenue	$          13,000
	Service revenue		$       13,000