Lumen OHM Assessment

The following table contains a selected list of the transactions for Asrubal's Gloves.

April	1	Paid six months of rent in advance, $4,600.
	12	Received $1,400 from customer for six-month service contract that began April 1.
	13	Purchased a computer for $850 on account.
	19	Purchased $270 of office supplies on account.
	27	Work performed but not yet billed to customer, $530.
	30	Employees earned $700 in salaries that will be paid May 2.

For each transaction, identify what type of adjusting entry would be needed.

Select from the following four types of adjusting entries: deferred expense, deferred revenue, accrued expense, accrued revenue.