Welch Company_Journal entries and Adjusting entries

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Selected accounts of Welch Company are shown below.

Supplies Expense

7/31

766

  

Supplies

7/1 Bal.

1,458

7/31

766

7/10

218

  

Accounts Receivable

7/31

552

  

Salaries and Wages Expense

7/15

1,280

  

7/31

1,280

  

Salaries and Wages Payable

  

7/31

1,280

Unearned Service Revenue

7/31

965

7/1 Bal.

1,671

  

7/20

1,370

Service Revenue

  

7/14

2,175

  

7/31

965

  

7/31

552



 

(a)   After analyzing the accounts, journalize the July transactions. (Hint: July transactions were for cash.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

 

(b)   After analyzing the accounts, journalize the adjusting entries that were made on July 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

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