The accounting records of Maura Grayson Architect include the following

Price: $2.99


Recording adjustments in T-accounts and calculating ending balances
[10–20 min]

The accounting records of Maura Grayson Architect include the following
selected, unadjusted balances at March 31: Accounts receivable, $1,400; Supplies,
$1,100; Salary payable, $0; Unearned service revenue, $600; Service revenue,
$4,200; Salary expense, $1,300; Supplies expense, $0. The data developed for the
March 31 adjusting entries are as follows:

a. Service revenue accrued, $900.
b. Unearned service revenue that has been earned, $200.
c. Supplies on hand, $600.
d. Salary owed to employee, $400.

Requirement

1. Open a T-account for each account and record the adjustments directly in the
T-accounts, keying each adjustment by letter. Show each account’s adjusted balance.
Journal entries are not required.