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Prepare adjusting journal entries as needed

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Reference no: EM132652320

Question - Consider the account balances excerpted from the unadjusted trial balance and the adjustment data.

Unadjusted Trial Balance Account Title Debit Credit

Fixed Assets $123,000

Accumulated Depreciation $24,200

Prepaid Rent 18,300

Unearned Revenue 3,700

A. Depreciation on fixed assets, $8,800

B. Unexpired prepaid rent, $12,600

C. Remaining balance of unearned revenue, $570

Required - Prepare adjusting journal entries, as needed. If an amount box does not require an entry, leave it blank.

Reference no: EM132652320

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