The trial balance for Pioneer Advertising Agency shows the following.

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The trial balance for Pioneer Advertising Agency shows the following.

 

Pioneer Advertising Agency

Trial Balance

October 31, 2015

                                                         Debit            Credit

Cash                                      $14,673

Supplies                                 2,092

Prepaid Insurance                 453

Equipment                                 4,693

Notes Payable                             $4,337

Accounts Payable                       2,650

Unearned Service Revenue                       1,947

Common Stock                                                    6,673

Retained Earnings                                             –0–

Dividends                                         568

Service Revenue                               11,770

Salaries and Wages Expense  3,997

Rent Expense                          901          

                                                      $27,377           $27,377

 

Assume the following adjustment data.

 

1.Supplies on hand at October 31 total $677.

2.Expired insurance for the month is $260.

3.Depreciation for the month is $86.

4.Services related to unearned service revenue in October worth $682 were performed.

5.Services performed but not recorded at October 31 are $210.

6.Interest accrued at October 31 is $93.

7.Accrued salaries at October 31 are $1,429.

 

Prepare the adjusting entries for the items above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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