
An extract from the trial balance of Selby Corp. at December 31, 2016 is reproduced below:
Account |
Amount in unadjusted trial balance |
Amount in adjusted trial balance |
|
a. |
Accounts payable (re. supplies) |
$ 60 |
$ 100 |
b. |
Interest payable |
-0- |
100 |
c. |
Unearned rent revenue |
1,000 |
500 |
Required: Prepare in general journal format the adjusting entries that were posted, including plausible descriptions. General ledger account numbers are not necessary.
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