u7ip_accounting

Data for the year-end adjustments for Al Gerome’s Courier Services are as follows:

1. Insurance expired during the year ($950.00)
2. Depreciation of Equipment for the year ($9,860.00)
3. Salaries accrued at December 31 ($5100.00)
4. Supplies used and not recorded against Supplies account ($1,500.00)
5. Unbilled services already performed for $15,000 at the end of the year

Instructions:

• Prepare the necessary adjusting entries for Al Gerome’s Courier Services at the end of the period using the form provided.

Click here to download the Unit 3 Template: Choice 2