E3-20 Using an adjusted trial balance to prepare adjusting journal entries

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E3-20 Using an adjusted trial balance to prepare adjusting journal entries [10 min]

Refer to the data in Exercise 3-19.

Requirement
1. Journalize the five adjustments, all dated December 31, 2012. Explanations are not required.

data from E3-19

FIRST CLASS MAIDS COMPANY  Preparation of Adjusted Trial Balance                    December 31, 2012
		Trial Balance
	Account	Debit	Credit
	Cash	$ 700
	Supplies	3,000
	Prepaid insurance	800
	Equipment	29,000
	Accumulated depreciation		$ 7,000
	Accounts payable		2,800
	Salary payable
	Unearned service revenue		500
	Molly, capital		7,200
	Molly, drawing	3,000
	Service revenue		25,000
	Salary expense	6,000
	Supplies expense
	Depreciation expense
	Insurance expense
	Total	$42,500	$42,500