NOEL HUNGRIA

ADJUSTING ENTRIES
FOR THE MONTH OF JUNE 30 2019

ACCOUNT TITLES DEBIT CREDIT

A.
INTEREST EXPENSE 120,000
INTEREST PAYABLE 120,000
B.
SALARIES EXPENSE 153,600
SALARIES PAYABLE 153,600
C.
NO ADJ. ENTRY REQUIRED
D.
SUPPLIES EXPENSE 41,950
SUPPLIES 41,950
E.
INSURANCE EXPENSE 31,670
PREPAID INSURANCE 31,670
F.
DEPRECIATION EXPENSE-BUILDING
ACCUMULATED DEPRECIATION-BUILDING

DEPRECIATION EXPENSE-EQUIPMENT
ACCUMULATED DEPRECIATION-EQUIPMENT