Adjustment data for Oasis Health Care Inc. for January are as follows:
- 1. Insurance expired, $800.
- 2. Supplies on hand on January 31, $1,100.
- 3. Depreciation on building, $2,000.
- 4. Unearned rent revenue earned, $2,500.
- 5. Wages owed employees but not paid, $1,700.
- 6. Services provided but not billed to patients, $10,000.
Instructions
Based on the transactions recorded in January for Problem 3-1, record the adjustments for January using the integrated financial statement framework.