Identifying types of adjusting entries
A select list of transactions for Anuradha”s Goals follows:
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| Apr 1 | Paid six months of rent, $4,800. |
| 10 | Received $1,200 from customer for six-month service contract that began April 1. |
| 15 | Purchased computer for $1,000. |
| 18 | Purchased $300 of office supplies on account. |
| 30 | Work performed but not yet billed to customer, $500. |
| 30 | Employees earned $600 in salary that will be paid May 2. |
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Requirement
1. For each transaction, identify what type of adjusting entry would be needed.
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