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Critical Thinking Problem 13.1 Year-End Processing Programs Plus is a retalil firm that sels computer programs for home and business use. On December 31, 2019, Its general ledger contained the accounts and balances shown below: $ Cash Accounts Receivable Allowance for Doubtful 15,280 Dr 26,600 Dr 95 Cr. 2,375 Dr Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipaent Notes Payable Accounts Payable Social Security Tax Payable Medicare Tax Payablc Yasser Tousson, Capital Yasser Tousson, Drawing Sales Sales Returns and 6,740 Dr. 2,380 Dr 34,000 Dr 10,10o cr 7,264 Cr 6,500 Cr 560 Cr 130 Cr. 93,620 Cr 50,000 Dr 514,980 Cr Purchases Freight In Purchascs Returns and 9,600 Dr 319,430 Dr 3, 600 Dr ,145 Cr Purchases Discounts Rent Expense Telephone Expense Salaries Expense Payroll Taxes Expense 5,760 Cr. 14,500 Dr 2,164 Dr 92 000 Dr 7,300 Dr 185 Dr The data needed for the adjustments on December31 are as follows: a.-b. Ending merchand se Inventory, $67,850. c. Uncollectible accounts, 0.5 percent of net credit sales of $245,000. d. Suppil es on hand December 31, $1,020. e. Expired Insurance, $1190 g. Accrued interest expense on notes payable, $325. h. Accrued salaries, $2,100. i. Social Security Tax Payable (6.2 percent) and Medicare Tax Payable (1.45 percent of accrued salaries. Required: 1 Prepare a worksheet for the year ended December 31, 2019

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