Chapter 3, Problem 49BP

Re-creating adjusting journal entries from a trial balance (Learning Objective 2) 15-20 min.

Assume the unadjusted and adjusted trial balances for Affordable Pet Dental, Inc., at September 30, 2018, show the following data:

Affordable Pet Dental, Inc. Trial Balance September 30,2018
			UNADJUSTED TRIAL BALANCE		ADJUSTED TRIAL BALANCE
		ACCOUNT	DR.	CR.	DR.	CR.
		Cash	$ 10,100		$ 10,100
		Accounts Receivable	9,200		9,200
		Supplies	900		600
		Prepaid Rent	2,150		1,500
		Equipment	66,000		66,000
		Accumulated Depreciation, Equipment		$ 14,700		$ 16,200
		Accounts Payable		1,100		1,100
		Salaries Payable				1,750
		Interest Payable				360
		Unearned Service Revenue		3,200		1,600
		Notes Payable		45,000		45.000
		Common Stock		5,000		5,000
		Retained Earnings		11,200		11,200
		Dividends	13,900		13,900
		Service Revenue		47,400		49,000
		Salaries Expense	20,300		22,050
		Rent Expense	3,150		3,800
		Depreciation Expense. Equipment	1,250		2,750
		Interest Expense	650		1,010
		Supplies Expense			300
		Total	$127,600	$127,600	$131,210	$131,210

Requirement

1. 1. Journalize the adjusting entries that account for the differences between the two trial balances.