Q Search the web. Honol Wallace e in the unearne Adjusting Entries from Trial Ba

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Q Search the web. Honol Wallace e in the unearne Adjusting Entries from Trial Balances The accountant for E-Z Laundry prepared the folowing unadjusted and adjusted trial balances. Assume that al balances in te unadjusted trial balance and the ancunts of the adjustments are correct E va's Laundry Irial Balance July 31, 2018 t Credit 8,520 8,520 24,800 6,070 1,590 211,340 0,670 )Laundry Supplics Prepaid Insurance Laundry Equpment 5,890 218,150 10 54,500 Accounts Payablo Wapes Payable Common Stock Retaned Earngs 54,500 10,900 1,360 55,000 0,300 10,900 55,000 Progress: 3/12 tems 4 mote Check My Worc usas ramanng Prevous Next O Type here to search

Explanation / Answer

In the books of Eva's Laundry:

Adjusting Entries:

Date Account Titles Debit Credit $ $ July 31, 2018 1. Accounts Receivable 4,130 Service Revenue 4,130 2. Insurance Expense 4,300 Prepaid Insurance 4,300 3. Wages Expense 1,360 Wages Payable 1,360

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