bied tent Required 1. Complete the six-column table by entering adjustments that reflect the following...
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bied tent Required 1. Complete the six-column table by entering adjustments that reflect the following information. a. As of December 31, employees had earned $1,200 of unpaid and unrecorded salaries. The next payday is January 4, at which time $1,500 of salaries will be paid. b. Cost of supplies still available at December 31 total $3,000. c. An interest payment is made every three months. The amount of unrecorded accrued interest at December 31 is $1,875. The next interest payment, at an amount of $2,250, is due on January 15. d. Analysis of Unearned Revenue shows $5,800 remaining unearned at December 31. e. Revenue of $9,300 is accrued for services provided. Payment will be collected on January 31. 1. Depreciation expense is $15,000. 2. Prepare journal entries for adjustments entered in the six-column table for part 1. 3. Prepare journal entries to reverse the effects of the adjusting entries that involve accruals. 4. Prepare journal entries to record cash payments and cash collections described in part 1 for January. Check (1) Adjusted trial balance totals, $239,625 
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bied tent Required 1. Complete the six-column table by entering adjustments that reflect the following information. a. As of December 31, employees had earned $1,200 of unpaid and unrecorded salaries. The next payday is January 4, at which time $1,500 of salaries will be paid. b. Cost of supplies still available at December 31 total $3,000. c. An interest payment is made every three months. The amount of unrecorded accrued interest at December 31 is $1,875. The next interest payment, at an amount of $2,250, is due on January 15. d. Analysis of Unearned Revenue shows $5,800 remaining unearned at December 31. e. Revenue of $9,300 is accrued for services provided. Payment will be collected on January 31. 1. Depreciation expense is $15,000. 2. Prepare journal entries for adjustments entered in the six-column table for part 1. 3. Prepare journal entries to reverse the effects of the adjusting entries that involve accruals. 4. Prepare journal entries to record cash payments and cash collections described in part 1 for January. Check (1) Adjusted trial balance totals, $239,625
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