Question: Do b,c,d,e,f Joumalize the adjusting entry needed on December 31, the end of the current accounting period, for each of the folosing independent cases affecting

Do b,c,d,e,fDo b,c,d,e,f Joumalize the adjusting entry needed on December 31, the end

Joumalize the adjusting entry needed on December 31, the end of the current accounting period, for each of the folosing independent cases affecting Tiger Corporation. Include an explanation for each enty. (Click the icon to view the independent cases.) Requirement 1. Journalive the adjusting entry needed on December 31, the end of the curreril accouriling period, for each of the following independent cages affecting Tiger Corporation. Include an explanation for each entry Record debits first, then credils. Select the explanation on the last line of the journal entry table.) a. Datals of the Prepaid Insurance account reveal a January 1 (beginning of the year) debit balance of S2,500 and a debit to the account on March 31 for $4.000 to record the payment of an annual Insurance premum A1 December 31, $2.000 is still prepaid Journal Entry Data Accounts and Explanation Debit Credit i Cases Doc 31 Insurance Experise 4.500 Prepaid Insurance 4,500 a. Details of Prepaid Insurance are shown in the account: Prepaid Insurance To more insurance poise. Jen 1 BA 2.500 Mar 31 b. Tiger peus amployees each Friday The amount of the weakly payroll is $5.900 for a five-day work weak. The current bccounting period ends on a Monday 4,000 Tiger prepays insurance on March 31 each year. At December 31, $2,000 is still prepaid. Journal Entry b. Tiger pays employees each Friday. The amount of the weekly payroll is $5,000 for a five day work week. Date Accounts and Explanation Debit The current accounting period ends on Monday. Credit c. Tiger has a note receivable. During the current year, Tiger has earned accrued interest revenue of $400 31 Salary Expense that it wil colesl next year. Salary Payable d. The beginning balance of supplies was $3,000. During the year, Tiger purchased supplies costing S8,200, and at December 31 supplies or hard tolal S2,300. c. Tiger is providing services for Scal Coast Investments, and the owner of Scal Coast paid Tiger S11,900 as the atinal service fee. Tiger revurded this amount as Unearned Service Revenue. Tiger estimates To accrue salary expose that it has eamed 60% of the total fee during the current year. f. Depreciation for the current year incluces Office Furniture, S3,800, and Equipment, $5,600. Make a corpound entry. Print Done

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