Frequently Used Adjusting Journals

Items Adjusting Journals Remarks

Use of Supplies Supplies Expense Dr. For used portion only.
Supplies Cr.
Use of Prepaid …… Expense Dr. For Expired portion only:
Expenses Prepaid …….. Cr. Insurance Exp. Dr.
Prepaid Insurance Cr.
Accrued/Due/Unpaid …… Expense Dr. For Unpaid Salary:
Expenses …… Payable Cr. Salaries Exp. Dr.
Salaries Payable Cr.
Depreciation Depreciation Exp. Dr. Depreciation amount for
Accumulated Depreciation Cr. that period only.
Service provided on Accounts Receivable Dr. For Service Revenue on
account/credit …… Revenue Cr. credit:
Accounts Receivable Dr.
Service Revenue Cr.
Earning from Unearned Service Revenue Dr. For earned portion only.
previously advance Service Revenue Cr.
received amount
Interest due on Note Interest Expense Dr. For the interest amount of
Payable Interest Payable Cr. that period only.