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Home > Business & Careers > Accounting   »   adjusted trial balance

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Old Feb 24, 2007, 01:36 PM
deejay tury
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adjusted trial balance
my question is how do i adjust these balances :

1) earned but unbilled revenue at march 31 was $600

2) accrued but unpaid employee salaries were $830

what should i debit and what should i credit ??

account titles are : cash, accounts , accounts payable, salaries payable, service revenue, salaries expense, accountes recievable

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Old Feb 24, 2007, 04:34 PM   #2  
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Quote:
Originally Posted by deejay tury
1) earned but unbilled revenue at march 31 was $600
Dr. AR 600
Cr. Service Revenue 600

Quote:
Originally Posted by deejay tury
2) accrued but unpaid employee salaries were $830
Dr. Salaries Expense 830
Cr. Salaries Payable 830
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