please briefly explain how we do adjustments Thank u in Advance.

and the SUTA rate is 5.4% for the 4. Record the entry(ies) for the merchandise sold on March 25 if a 4% sales tax rate applies. CP 9 Bug-Off Exterminators provides pest control services and sells extermination products manufac- tured by other companies. The following six-column table contains the company's unadjusted trial bal- ance as of December 31, 2019 P B Adjusted Unadjusted Trial Balance Trial Balance Adjustments December 31, 2019 $ 17,000 4,000 Cash.. Accounts receivable 828 Allowance for doubtful accounts Merchandise inventory $ 11,700 32,000 Trucks.. Accum, depreciation-Trucks Equipment.. Accum. depreciation-Equipment Accounts payable Estimated warranty liability. Unearned services revenue 0 45,000 12,200 5,000 1,400 Interest payable... 15,000 Long-term notes payable 10,000 49,700 Common stock Retained earnings. Dividends... Extermination services revenue 10,000 60,000 872 Interest revenue 71,026 Sales (of merchandise) Cost of goods sold.. Depreciation expense-Trucks. Depreciation expense-Equipment 46,300 0 0 35,000 Wages expense. 0 Interest expense 9,000 Rent expense.. 0 Bad debts expense 1,226 Miscellaneous expense. 8,000 Repairs expense 6,800 Utilities expense 0 Warranty expense Totals $226,026 $226,026 Accounting for Cumrent Liabeites Chapter 9 The following information in a through h applies to the company at the end of the current year. a. The bank reconciliation as of December 31, 2019, includes the following facts $15,100 Depest in branst Cash balance per bank Cash balance per books... Outstanding checks $2.450 17,000 Interest eaned lon bank account 52 Bank service charges mscelaneous expense 1,800 15 Reported on the bank statement is a canceled check that the company failed to recoed. (Information from the bank reconciliation allows you to determine the amount of this check, which is a payment on an account payable.) h An examination of customers' accounts shows that accounts totaling $679 should be written off uncollectible. Using an aging of receivables, the company determines that the ending balance of the Allowance for Doubtful Accounts should be $700 s A truck is purchased and placed in service on January 1, 2019. Its cost is being depreciated with the straight-line method using the following facts and estimates Expected salvage value. $32,000 S8.000 Useful life tyears Original cost.... d. Two items of equipment (a sprayer and an injector) were parchased and put into service in early January 2017. They are being depreciated with the straight-line method using these facts and estimates Sprayer Injector Original cost... Expected salvage value . $27,000 $18,000 $ 3.000 $ 2,500 Useful life (years) 8 5 e. On August 1. 2019, the company is paid $3,840 cash in advance to provide monthly service for an apartment complex for one year. The company began providing the services in August. When the cash was received, the full amount was credited to the Extermination Services Revenue account. f. The company offers a warranty for the services it sells. The expected cost of providing warranty ser- vice is 2.5% of the extermination services revenue of $57,760 for 2019. No warranty expense has been recorded for 2019. All costs of servicing warranties in 2019 were properly debited to the Estimated Warranty Liability account. g. The $15,000 long-term note is an 8%, five-year, interest-bearing note with interest payable annually on December 31, The note was signed with First National Bank on December 31, 2019. h. The ending inventory of merchandise is counted and determined to have a cost of $11,700. Bug-Off uses a perpetual inventory system. Required 1. Use the preceding information to determine amounts for the following items. a. Correct (reconciled) ending balance of Cash; and the amount of the omitted check b. Adjustment needed to obtain the correct ending balance of the Allowance for Doubtful Accounts. e. Depreciation expense for the truck used during year 2019. d. Depreciation expense for the two items of equipment used during year 2019. e. The adjusted 2019 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts, oncied cash f. The adjusted 2019 ending balances of the Warranty Expense and the Estimated Warranty Liability anty accounts. g The adjusted 2019 ending balances of the Interest Expense and the Interest Payable accounts. (Round amounts to nearest whole dollar.) 2. Use the results of part I to complete the six-column table by first entering the appropriate adjustments for items a through g and then completing the Adjusted Trial Balance columns. Hint: Item b requires two adjustments 3. Prepare journal entries to record the adjustments entered on the six-column table. Assume Bug-Off's adjusted balance for Merchandise Inventory matches the year-end physical count. 4. Prepare a single-step income statement, a statement of retained carnings (cash dividends during 2019 were $10,000), and a classified balance sheet. ance 4, Total