[dpq618]

unadjusted entries
3/4- paid 1360 rent for march 1 through April 30 (680/month)
3/29 - received 980 for patients on accnt
3/31- paid following expenses:salaries (1400) advertising (85) insurance (400)

adjusting entries
1- dental services worth 100 performed on accnt on march 31 for the patient who paid in advance on march 29
2- office rent is 680/month ( see 3/4 transaction)
3- estimated income taxes are 809

my answers
1. unearned serv. Rev= 100, cash= 100
2. rent exp= 680, prepaid rent=680
3. income tax exp= 809, income tax payable= 809

:) thanks dpq618

[Blue9999]

The first adjusting entry is incorrect. You should debit unearned Revenue and Credit Revenue (not cash) because you have reduced your liabilty and earned revenue by providing service.

[CaptainForest]

Blue9999 is correct regarding number 1.

2) is this a march 31 year end? If so, your JE is correct.

3) correct.