Question: You received partial credit in the previous attempt Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for

 You received partial credit in the previous attempt Information necessary to

You received partial credit in the previous attempt Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $11,400 2. Employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15th, and on the 7th of the following month for salaries earned from the 15th through the end of the month Salaries earned from December 16 through December 31, 2021 were $1400 3. On October 1, 2021. Pastina borrowed $52,800 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years. 4. On March 1, 2021, the company lent a supplier $22.800 and a note was signed requiring principal and interest at 9% to be paid on 5. On April 2021, the company paid an insurance company $7.400 for a two-year fire insurance policy. The entire $7,400 was 6. $900 of supplies remained on hand at December 31, 2021 7. A customer paid Pastina $1500 in December for 1.584 pounds of spaghetti to be delivered in January 2022. Pastina credited 8. On December 1 2021 $2.400 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022, at $1200 per month. The entire amount was debited to prepaid rent Required: Prepare the necessary December 31, 2021 adjusting journal entries of no entry is required for a transaction/event, select "No journal entry required in the first account field. Do not round Intermediate calculations. Round your final answers to nearest whole dollar amount) Journal entry worksheet Prey 1 of 1 Next MacBook Air * ST COD 2 # 3 $ 4 % 5 A 6 & 7 8 9 0 W E R T Y U O P S D F G H J J L C V B N. M You received partial credit in the previous attempt Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $11,400 2. Employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15th, and on the 7th of the following month for salaries earned from the 15th through the end of the month Salaries earned from December 16 through December 31, 2021 were $1400 3. On October 1, 2021. Pastina borrowed $52,800 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years. 4. On March 1, 2021, the company lent a supplier $22.800 and a note was signed requiring principal and interest at 9% to be paid on 5. On April 2021, the company paid an insurance company $7.400 for a two-year fire insurance policy. The entire $7,400 was 6. $900 of supplies remained on hand at December 31, 2021 7. A customer paid Pastina $1500 in December for 1.584 pounds of spaghetti to be delivered in January 2022. Pastina credited 8. On December 1 2021 $2.400 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022, at $1200 per month. The entire amount was debited to prepaid rent Required: Prepare the necessary December 31, 2021 adjusting journal entries of no entry is required for a transaction/event, select "No journal entry required in the first account field. Do not round Intermediate calculations. Round your final answers to nearest whole dollar amount) Journal entry worksheet Prey 1 of 1 Next MacBook Air * ST COD 2 # 3 $ 4 % 5 A 6 & 7 8 9 0 W E R T Y U O P S D F G H J J L C V B N. M

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