Business, 01.07.2020 16:01 Lizethh1

The unadjusted trial balance for Monty Corp. is shown below. MONTY CORP.
Trial Balance
October 31, 2017
Debit Credit
Cash $15,330
Supplies 2,750
Prepaid Insurance 750
Equipment 4,760
Notes Payable $4,760
Accounts Payable 2,300
Unearned Service Revenue 1,720
Common Stock 11,510
Retained Earnings 0
Dividends 540
Service Revenue 13,360
Salaries and Wages Expense 4,000
Rent Expense 5,520
$33,650 $33,650
Assume the following adjustment data.
1. Supplies on hand at October 31 total $690.
2. Expired insurance for the month is $125.
3. Depreciation for the month is $60.
4. As of October 31, services worth $930 related to the previously recorded unearned revenue had been performed.
5. Services performed but unbilled (and no receivable has been recorded) at October 31 are $260.
6. Interest expense accrued at October 31 is $85.
7. Accrued salaries at October 31 are $1,570.
Prepare the adjusting entries for the items above. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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The unadjusted trial balance for Monty Corp. is shown below. MONTY CORP.
Trial Balance
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