2. Swordfish Programming is owned by Mark Ashmore and provides computer solutions to the security industry. At the end o

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2 Swordfish Programming Is Owned By Mark Ashmore And Provides Computer Solutions To The Security Industry At The End O 1 (45.88 KiB) Viewed 14 times

2. Swordfish Programming is owned by Mark Ashmore and provides computer solutions to the security industry. At the end of July 2019, they had the following adjustments July 31 Interest of $400 had accrued on the bank loan. The balance of prepaid insurance is for a 9-month policy, one month of insurance $1400 has been used. July 31 During July, Swordfish Programming earned $860 of unearned revenue. The computers were purchased on July 1, 2019 and have an expected useful July 31 life of five years, after which they will have no residual value. Record depreciation for July for $210. July 31 Enter the adjustments and complete the adjusted trial balance: Swordfish Programming Account Cash Accounts Receivable Prepaid Insurance Computers Accumulated Depreciation Expense Insurance Expense Rent Expense Telephone Expense Total Unadjusted Trial Balance Dr 4700 2250 12600 12600 Depreciation-Computers Accounts Payables Interest Payables Unearned Revenue Bank Loan Ashmore, Capital Ashmore, Withdrawal 1410 Service Revenue 840 220 Worksheet July 31, 2019 Cr 1400 5000 3170 20380 4670 34,620 34,620 Adjustments Adjusted Trial Balance Dr Cr Dr Cr