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ACC 122 MID TERM NAME 2na (30%) PROBLEMI the Madoff Company's An analysis of selected...

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ACC 122 MID TERM NAME 2na (30%) PROBLEMI the Madoff Company's An analysis of selected accounts in the Madoff Co showed the following balances on December 31, 2017general prior to 9,600 2,900 800,000 180,800 800,000 530,000 1,560,000 Prepaid Insurance Supplies Building Accumulated Depreciation-Bldg. Unearned Service Revenues Consulting Fees Salaries Expense ADDITONAL DATA: . Prepaid Insurance relates to an annual insurance poli policy purchased on Sept. 1, 20m A physical count of supplies shows that $210 of supplies The annual building depreciation is $40,000. C. 75% ofthe Unearned Service Revenue was actually earned by e. Unbilled consulting fees for work done by Madof totaled $3,300 f The five-day payroll of Madoff Company is $20,000. Salaries are paid the end of the year. December 31, 2017 fell on a Tuesday. INSTRUCTIONS: Prepare all the necessary adjusting entries for each of the above

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