(Adjusting Entries and Financial Statements) Mason Advertising was founded in January 2013 Presented below are adjusted

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Adjusting Entries And Financial Statements Mason Advertising Was Founded In January 2013 Presented Below Are Adjusted 1 (48.86 KiB) Viewed 46 times

(Adjusting Entries and Financial Statements) Mason Advertising was founded in January 2013 Presented below are adjusted and unadjusted trial balances as of December 31, 2017 MASON ADVERTISING TRIAL BALANCE DECEMBER 31, 2017 Cr. lol Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation - Equipment Accounts Payable Interest Payable Notes Payable Uneared Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Interest Expense Depreciation Experte Supplies Expense Rent Express Unadjusted Dr. $ 11.000 20.000 8.400 3,350 60,000 $ 25,000 5,000 -0- 5,000 7.000 -0- 10,000 3,500 58.600 10,000 Adjusted Dr. $ 11,000 23.500 3.000 2,500 60,000 $ 30,000 5.000 150 5.000 5,600 1.100 10,000 3.500 63.500 11.0 NSO WO 5.00 5,400 4,000 $127.050 $127.050 4000 $117.100 $117100 Instructions (a) Journalize the annual adjusting entries that were made (Omit explanations.)