Post Adjusting Entries Post all adjusting entries to the t-accounts and calculate ending balances. Post the transactions in the order they appear in the journal entries. Date Accounts and Explanation Debit Credit
Dec. 31 Salaries Expense 4,400
Salaries Payable 4,400
Date Accounts and Explanation Debit Credit
Dec. 31 Depreciation Expense - Furniture 100
Accumulated Depreciation - Furniture 100
Date Accounts and Explanation Debit Credit
Dec. 31 Insurance Expense 300
Prepaid Insurance 300
Date Accounts and Explanation Debit Credi
Dec. 31 Supplies Expense 110
Office Supplies 110
Date Accounts and Explanation Debit Credit
Dec. 31 Unearned Revenue 200
Service Revenue 200
Date Accounts and Explanation Debit Credit
Dec. 31 Accounts Receivable 700
Service Revenue 700

Salaries expense                             Salaries payable

Debit                 Credit                     Debit                 Credit  

4,400                                                                         4,400

Depreciation exp, furniture            Accumulated dep, furniture

Debit                 Credit                     Debit                 Credit  

100                                                                             100

Insurance expense                         Prepaid insurance

Debit                 Credit                     Debit                 Credit  

300                                                                            300

Supplies expense                           Office supplies

Debit                 Credit                     Debit                 Credit  

110                                                                              110  

Unearned revenue                         Service revenue

Debit                 Credit                     Debit                 Credit  

200                                                                            200

                                                                                  700    

                                                                                  900

Accounts receivable                      

Debit                 Credit                    

700

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