Question 1a:

Question 1b:

Question 2:

Full options for General Journal are:

No journal entry required

Accounts payable

Account receivable

Accrued expenses payable

Accumulated depreciation

Additional paid-in capital

Advertising expense

Cash

Commission expense

Common stock

Consulting expense

Costs of goods sold

Depreciation expense

Equipment

Fee revenue

Gain on sale of land

Income taxes expense

Income taxes payable

Insurance expense

Interest expense

Interest payable

Interest receivable

Interest revenue

Inventory

Investments

Land

Long-term debt

Maintenance expense

Notes payable

Notes payable, long-term

Notes receivable

Other assets

Other operating expenses

Prepaid expenses

Prepaid rent

Property tax expense

Property tax payable

Property, plant and equipment

Remaining expenses (not detailed)

Rent expense

Rent receivable

Rent revenue

Repairs expense

Research and development expense

Retained earnings

Salaries expense

Supplies

Supplies expense

Unearned fee revenue

Utilities expense

Utilities payable

Wages expense

Wages payable

! Required information [The following information applies to the questions displayed below.] Quinlan-Cohen, Inc., publishers of movie and song trivia books, made the following errors in adjusting the accounts at year-end (December 31): a. Did not accrue $1,300 owed to the company by another company renting part of the building as a storage facility. b. Did not record $15,800 depreciation on the equipment costing $123,000. c. Failed to adjust the Unearned Fee Revenue account to reflect that $1,200 was earned by the end of the year. d. Recorded a full year of accrued interest expense on a $20,400, 11 percent note payable that has been outstanding only since November 1. e. Failed to adjust Prepaid Insurance to reflect that $610 of insurance coverage had been used. Required: 1-a. Prepare the adjusting journal entry that was made, if any at year-end. (If no entry is made for a transaction/event, select "No journal entry made" in the first account field.) View transaction list Journal entry worksheet Did not accrue $1,300 owed to the company by another company renting part of the building as a storage facility. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal Required: 1-a. Prepare the adjusting journal entry that was made, if any at year-end. (If no entry is made for a transaction/event, select "No journal entry made" in the first account field.) View transaction list Journal entry worksheet Did not record $15,800 depreciation on the equipment costing $123,000. Note: Enter debits before credits. Transaction General Journal Debit Credit b. Record entry Clear entry View general journal Required: 1-a. Prepare the adjusting journal entry that was made, if any at year-end. (If no entry is made for a transaction/event, select "No journal entry made" in the first account field.) View transaction list Journal entry worksheet Failed to adjust the Unearned Fee Revenue account to reflect that $1,200 was earned by the end of the year. Note: Enter debits before credits. Transaction General Journal Debit Credit c. Record entry Clear entry View general journal Required: 1-a. Prepare the adjusting journal entry that was made, if any at year-end. (If no entry is made for a transaction/event, select "No journal entry made" in the first account field.) View transaction list Journal entry worksheet Recorded a full year of accrued interest expense on a $20,400, 11 percent note payable that has been outstanding only since November 1. Note: Enter debits before credits. Transaction General Journal Debit Credit d. Record entry Clear entry View general journal Required: 1-a. Prepare the adjusting journal entry that was made, if any at year-end. (If no entry is made for a transaction/event, select "No journal entry made" in the first account field.) View transaction list Journal entry worksheet Failed to adjust Prepaid Insurance to reflect that $610 of insurance coverage has been used. Note: Enter debits before credits. Transaction General Journal Debit Credit e. Record entry Clear entry View general journal 1-b. Prepare the adjusting journal entry that should have been made at year-end. (Do not round intermediate calculations. If no entry is made for a transaction/event, select "No journal entry made" in the first account field.) View transaction list Journal entry worksheet Did not accrue $1,300 owed to the company by another company renting part of the building as a storage facility. Note: Enter debits before credits. Transaction General Journal Debit Credit . Record entry Clear entry View general journal 1-b. Prepare the adjusting journal entry that should have been made at year-end. (Do not round intermediate calculations. If no entry is made for a transaction/event, select "No journal entry made" in the first account field.) View transaction list Journal entry worksheet Did not record $15,800 depreciation on the equipment costing $123,000. Note: Enter debits before credits. Transaction General Journal Debit Credit b. Record entry Clear entry View general journal 1-b. Prepare the adjusting journal entry that should have been made at year-end. (Do not round intermediate calculations. If no entry is made for a transaction/event, select "No journal entry made" in the first account field.) View transaction list Journal entry worksheet Failed to adjust the Unearned Fee Revenue account to reflect that $1,200 was earned by the end of the year. Note: Enter debits before credits. Transaction General Journal Debit Credit C. Record entry Clear entry View general journal 1-b. Prepare the adjusting journal entry that should have been made at year-end. (Do not round intermediate calculations. If no entry is made for a transaction/event, select "No journal entry made" in the first account field.) View transaction list Journal entry worksheet Recorded a full year of accrued interest expense on a $20,400, 11 percent note payable that has been outstanding only since November 1. Note: Enter debits before credits. Transaction General Journal Debit Credit d. Record entry Clear entry View general journal 1-b. Prepare the adjusting journal entry that should have been made at year-end. (Do not round intermediate calculations. If no entry is made for a transaction/event, select "No journal entry made" in the first account field.) View transaction list Journal entry worksheet