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Using the adjusted trial balance to determine the adjusting journal Entries The adjusted trial balance of Jobs-4-U Employment Service, Inc., follows but is incomplete.
JOBS-4-U EMPLOYMENT SERVICE, INC.
Adjusted Trial Balance
April 30, 2012
Trial Balance
Account
Debit
Credit
Cash
$ 900
Accounts receivable
4,100
5,600
Supplies
1,000
500
Equipment
32,500
Accumulated depreciation
$14,400
$15,400
Salary payable
1,200
Common stock
13,000
Retained earnings
10,300
Dividends
4,800
Service revenue
9,100
10,600
Salary expense
2,500
3,700
Rent expense
Depreciation expense
Supplies expense
Total
$46,800
$50,500
Requirements
1. Calculate and enter the adjustment amounts directly in the missing Adjustments columns.
2. Prepare each adjusting journal entry calculated in Requirement 1. Date the entries and include explanations.
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