prepare the adjusting entries that were made 581556

Selected worksheet data for Nicholson Company are presented below.

Trial Balance

Adjusted

Trial Balance

Dr.

Cr.

Dr.

Cr.

Accounts Receivable

?

34,000

Prepaid Insurance

26,000

20,000

Supplies

7,000

?

Accumulated Depreciation

12,000

?

Salaries Payable

?

5,000

Service Revenue

88,000

97,000

Insurance Expense

?

Depreciation Expense

?

10,000

Supplies Expense

5,000

Salaries Expense

49,000

Instructions

(a) Fill in the missing amounts.

(b) Prepare the adjusting entries that were made.