The unadjusted trial balance for Al Subhi Trading Co

The unadjusted trial balance for Al Subhi Trading Co. is as follows Al Subhi Trading Co. Unadjusted trial balance December 31, 2020 Balance Account title Debit OR 700 3,000 800 29,000 Cash Office supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Accounts payable Salaries pelyable Uneamed revenue Capital Withdrawals OR Service revenue TOSHIBA
Service revenue Salaries expense Depreciation expense-Equipment Insurance expense Total OR42.500 a During the 12 months ended December 31, 2020, Al Subhi Trading Co.: Used office supplies of OR1,800 Used prepaid insurance of OR620 Depreciated equipment, OR460 Accrued salaries expense of OR 310 that has not been paid yet b ? d 0 Earned OR360 of uneamed revenue 1 is The adjusting entry for the used office supply at December 31, 2020 an en ?? ??????????????????? 1 800 Dr Supply Expense Cr Office Supply 1.800 TUE False TOSHIBA
2. The adjusting entry for the used prepaid insurance at December 31, 2020 is 620 Dr. Prepaid Insurance Cr. Insurance Expense 620 True False 3. The adjusting entry for the depreciation expense at December 31, 2020 IS 460 Dr. depreciation Expense Cr Accumulated Depreciation 1460 False True The adjusting entry for the accrued salanes expense at December 31 2020 is Dr Salanes Payable C Salaries Expense 370 310 E B TOSHIBA
5. The adjusting entry for earned unearned revenue at December 31, 2020 IS Dr. unearned revenue 360 Cr Cash 360 False True 6. The adjusted balance of uneared revenue at December 31, 2020 is credit by OR 140 False True 7 The Equipment balance at December 31, 2020 is credit by OR 29.000 True • False 8. The adjusted balance of prepaid insurance at December 31, 2020 is debit by OR 180 False • True 9 The accounts payable balance at December 31, 2020 is debit by OR 2.800 • False True TOSHIBA