Question: please help): Save & ER Submit 8 Check my work Book a-b. Merchandise Inventory, before adjustment has a balance of $7,800. The newly counted inventory

Save & ER Submit 8 Check my work Book a-b. Merchandise Inventory, before adjustment has a balance of $7,800. The newly counted inventory balance is 58.300 c. Unearned Seminar Fees has a balance of $6.300, representing prepayment by customers for five seminars to be conducted in June July, and August 20X1. Two seminars had been conducted by June 30, 20X1. d. Prepaid Insurance has a balance of $13.800 for six months insurance paid in advance on May 1, 20x1 e. Store equipment costing 56 530 was purchased on March 31 20X1. It has a salvage value of $530 and a useful life of five years. f. Employees have earned $280 that has not been paid at June 30, 20X1 g. The employer owes the following taxes on wages not paid at June 30, 20xt SUTA $8.40, FUTA $168, Medicare. $406 and social security. $17.36 h, Management estimates uncollectible accounts expense at 1 percent of sales. This year's sales were $2,300,000 L. Prepaid Rent has a balance of 57050 for six months rent paid in advance on March 1, 20X1. J. The Supplies account in the general ledger has a balance of $430 A count of supplies on hand at June 30, 20X1. indicated 5165 of supplies remain k. The company borrowed 54.800 from Second Bancorp on June 1 20x1, and issued a four-month note. The note bears interest at 1 9 percent Bint ences Required: Based on the information above, record the adjusting Journal entries that must be made for Kising Distributors on June 30, 20X1. The company has a June 30 fiscal year-end Analyze After all adjusting entries have been sournalized and posted, what is the balance of the Prepaid Rent account? Complete this question by entering your answers in the tabs below. BAR INS WWW 8 OC Based on the information abwe record the adjusting journal entries that must be made for Kisling Distributors on June 30, 20X1. The company has a June 30 fiscal year-end Analyze: After all adjusting entries have tieen journalized and posted, what is the balance of the Prepaid Rent account? 2. mits Complete this question by entering your answers in the tabs below. ation Print General Journal Analyze des Based on the information above, record the adjusting journal entries that must be made for sling Distributors on June 30, 20X1. The company has a June 30 local year end found your fical answers to 2 decimal place) View transactions Journal entry worksheet 11 > Record an adjusting entry for riding inventory Rain to stop 1:29 PM 16/2002
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