Current Attempt in Progress

A partial trial balance of Teal Corparation is as follows on December $31,2021.$

Additional adjusting data:

A physical count of supplies on hand on December $31,2021,$ totaled $$1,200.$

Through oversight, the Salaries and Wages Payable account was not changed during $2021.$ Accrued salaries and wages on

December $31,2021,$ amounted to $$4,400.$

The Interest Receivable account was also left unchanged during $2021.$ Accrued interest on imvestments amounts to $$4,800$

on December $31,2021.$

The unexpired portions of the insurance policies totaled $$69,200$ as of December $31,2021.$

$$27,000$ was received on January $1,2021,$ for the rent of a building for both $2021$ and $2022.$ The entire amount was credited

to rent revenue.

Depreciation on equipment for the year was erroneously recorded as $$4,800$ rather than the correct figure of $$48,000.$

A further review of depreciation calculations of prior years revealed that equipment depreciation of $$7,800$was not

recorded. It was decided that this oversight should be corrected by a prior period adjustment.

$($a$)$

Assuming that the books have not been closed, what are the adjusting entries necessary at December $31,2021?|$lgnore income

tax considerations.$)($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is

required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

$($b$)$

The parts of this question must be completed in order. This part will be available when you complete the part above.

$($c$)$

The parts of this question must be completed in order. This part will be available when you complete the part above.