The accounting records of Marcus Service Company include the

The accounting records of Marcus Service Company include the following selected, unadjusted balances at June 30: Accounts Receivable, $2,700; Office Supplies, $1,800; Prepaid Rent, $3,600; Equipment, $15,000; Accumulated Depreciation – Equipment, $1,800

What will be an ideal response

ANSWER

Accounts Debit Credit
a Accounts Receivable
Service Revenue 1,400
1,400
b Unearned Revenue
Service Revenue 800
800
c Office Supplies Expense
Office Supplies 1,100
1,100
d Salaries Expense
Salaries Payable 1,800
1,800
e Rent Expense
Prepaid Rent 1,200
1,200
f Depreciation Expense – Equipment
Accumulated Depreciation –
Equipment 1,500

1,500

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