HURRY PLEASE

Part II: 7 short-answer questions (5 pts e -answer questions (5 pts each). Place answers below question. Chapter 3 - The Accounting Information System 1. Bentley Inc. is preparing financial statement ey inc. is preparing financial statements at Dec 31, 2017. The following information is available: a) At Dec. 31, Bentley owed its employees $2,000 in wages that will be paid on January 1. D) At Dec. 31, Bentley performed $100 in services for a customer and no journal entry was made. On Nov. 1, Smith borrowed $30,000 from a bank on a 5-year mortgage. The annual interest rate is 8% and no interest payments have been made. d) The supplies account balance was $600 but a physical count revealed $500 in supplies on hand. Prepare the adjusting journal entries as of Dec. 31, 2017, suggested by the information above