Using the worksheet you completed in Part $1,$ revise the given year end information with the following values and then answer the questions below:

Select year end company accounts and additional information:

Account NameAccount BalanceAccount NameAccount BalanceSupplies$ $15,000$Service revenue$ $147,200$Interest receivable$0$Interest revenue$0$Salaries payable$0$Supplies expense$0$Deferred revenue$9,600$Salaries expense$66,300$

$1.$ Supplies remaining at the end of the year.$ $6,1002.$ Services remaining to be provided to customers who paid in advance$\mathrm{.}2,1003.$ Employees are owed additional salaries at the end of the year$\mathrm{.}7,2004.$ A note receivable was accepted on March $31\mathrm{.}7,600$Interest rate on note$8\%$

Required:

Prepare the adjusting journal entries based on the results of your revised spreadsheet.

Complete the table below with the new balances in each account:

Now assume supplies on hand at the end of the year were $$13,600,$ and services remaining to be provided to customers were $$4,600.$ Enter the recalculated values below: