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Healthy Eating Foods Company is a distributor of nutritious snack foods such as granola bars. On December 31, 20x1, the firm's general ledger contained the accounts and balances that follow. Income Statement Debit Credit Trial Balance Debit Credit $ 30,680.00 35,780.80 470.00 88,560.ee 10,980.60 6,680.00 9,100.00 2,980.00 29,125.00 9,852.82 34,5ee.be 12,700.00 HEALTHY EATING FOODS COMPANY Worksheet Year Ended December 31, 20x1 Adjustments Adjusted Trial Balance Debit Credit Debit Credit $ 30,660.00 35,700.00 3,390.00 3,860.00 80,500.00 88,500.00 80,500.00 9.670.ee 1,238.00 4.80.80 2,680.60 9,100.00 1,450.80 4,350.00 29,125.00 4,925.00 14,775.00 34,500.00 12,700.00 699.88 690.00 341.00 2.871.00 79.75 472.75 33.88 33.60 Balance Sheet Debit Credit $ 30,680.00 35,780.80 3,860.89 80,500.00 1,238.00 2,880.80 9,100.00 4,350.00 29,125.82 14,775.00 34,5ee.ee 12,780.60 690.se 2,071.00 472.75 1,730.00 393.00 33.0 297.82 5,520.82 Account Name Cash Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Supplies Prepaid Insurance Office Equipment Accumulated Depr.-Office Equipment Warehouse Equipment Accumulated Depr.-Warehouse Equipment Notes Payable-Bank Accounts Payable Interest Payable Social Security Tax Payable Medicare Tax Payable Federal Unemployment Tax Payable State Unemployment Tax Payable Salaries Payable Phillip Tucker, Capital Phillip Tucker, Drawing Sales Sales Returns and Allowances Purchases Purchases Returns and Allowance Income Summary Rent Expenses Telephone Expense Salaries Expense Payroll Taxes Expense Supplies Expense Insurance Expense Depr. Expense-Office Equipment Depr. Expense-Warehouse Equipment Uncollectible Accounts Expense Interest Expense Totals Net Income 297.80 5,520.82 113,664.88 297.00 5,500.00 113,664.88 113,664.88 56,500.00 56,500.00 56,500.00 658,778.00 658,778.00 658,778.89 10,500.00 352,5ee.ee 10,580.62 352,500.00 10,5ee.ee 352,560.ee 9.700.00 9.700.00 9.780.00 80,500.00 88,500.00 80,500.00 80,588.68 36,500.00 2.700.ee 162,500.00 13,5ee.be 5,500.00 750.75 9.670.00 4,000.00 1,450.00 88,560.ee 36,500.00 2,700.00 168,880.89 14,250.75 9.670.00 4,680.00 1,450.00 88,500.00 36,5ee.ee 2.700.00 168,680.00 14,250.75 9.670.00 4,000.00 1,450.00 4,925.00 4,925.00 4,925.89 3,390.00 3,390.00 3,390.89 690.00 690.00 690.00 $844,625.00 $844,625.82 $199,375.75 $199,375.75 $941,830.75 $941,830.75 $697,675.75 $748,978.69 $244,755.60 $192,852.75 51,992.25 51.992.25 $748,978.82 $748,978.89 $244,755.89 $244,755.82 Required: 1. Record adjusting entries in the general Journal as of December 31, 20X1. 2 Record closing entries in the general Journal as of December 31, 20X1. 3. Record reversing entries in the general Journal as of January 1, 20X2 Analyze: Assuming that the firm did not record a reversing entry for salaries payable, what entry is required when salaries of $7.000 are paid on January 3? Complete this question by entering your answers in the tabs below. Reg 1 to 3 Analyze Record adjusting entries and closing entries in the general journal as of December 31, 20x1 and reversing entries as of January 1, 20x2. (Round your answers to 2 decimal places.) Required: 1. Record adjusting entries in the general journal as of December 31, 20X1. 2 Record closing entries in the general Journal as of December 31, 20X1. 3. Record reversing entries in the general Journal as of January 1, 20X2 Analyze: Assuming that the firm did not record a reversing entry for salarles payable, what entry is required when salaries of $7.000 are paid on January 3? Complete this question by entering your answers in the tabs below. Req 1 to 3 Analyze Record adjusting entries and closing entries in the general journal as of December 31, 20x1 and reversing entries as of January 1, 20x2. (Round your answers to 2 decimal places.) View transaction et Journal entry worksheet On December 31, 20x1, the firm owed the federal unemployment tax (assume 0.6 percent) and the state unemployment tax (assume 5.4 percent) on the entire 55,500 of accrued wages. Note: Enter debits before credits General Journal Debit Credit Date Dec 31, 20X1 Record entry Clear entry View general Journal Reg 1 to Analyze > Required: 1. Record adjusting entries in the general Journal as of December 31, 20X1. 2 Record closing entries in the general Journal as of December 31, 20X1. 3. Record reversing entries in the general Journal as of January 1, 20x2. Analyze: Assuming that the firm did not record a reversing entry for salaries payable, what entry is required when salaries of $7.000 are paid on January 3? Complete this question by entering your answers in the tabs below. Req 1 to 3 Analyze Record adjusting entries and closing entries in the general journal as of December 31, 20X1 and reversing entries as of January 1, 20x2. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Record the closing entry for revenue and other credit items. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 20X1 Record entry Clear entry View general Journal Reg 1 to 3 Analyze > Required: 1. Record adjusting entries in the general journal as of December 31, 20X1. 2 Record closing entries in the general Journal as of December 31, 20X1. 3. Record reversing entries in the general Journal as of January 1, 20x2. Analyze Assuming that the firm did not record a reversing entry for salaries payable, what entry is required when salaries of $7.000 are paid on January 3? Req 1 to 3 Analyze Record adjusting entries and closing entries in the general journal as of December 31, 20X1 and reversing entries as of January 1, 20x2. (Round your answers to 2 decimal places.) View transaction at Journal entry worksheet Required: 1. Record adjusting entries in the general Journal as of December 31, 20X1. 2 Record closing entries in the general journal as of December 31, 20X1. 3. Record reversing entries in the general Journal as of January 1, 20X2 Analyze: Assuming that the firm did not record a reversing entry for salaries payable, what entry is required when salaries of $7.000 are paid on January 3? Complete this question by entering your answers in the tabs below. Reg 1 to 3 Analyze Record adjusting entries and closing entries in the general journal as of December 31, 20X1 and reversing entries as of January 1, 20x2. (Round your answers to 2 decimal places.) View transaction Mat Journal entry worksheet Required: 1. Record adjusting entries in the general Journal as of December 31, 20X1. 2 Record closing entries in the general Journal as of December 31, 20X1. 3. Record reversing entries in the general Journal as of January 1, 20x2. Analyze: Assuming that the firm did not record a reversing entry for salaries payable, what entry is required when salaries of $7.000 are paid on January 3? Complete this question by entering your answers in the tabs below. Rey 1 to 3 Analyze Record adjusting entries and closing entries in the general journal as of December 31, 20x1 and reversing entries as of January 1, 20x2. (Round your answers to 2 decimal places.) View transaction Mat Journal entry worksheet Record the reversing entry for interest. Note: Enter debits before credits General Journal Debit Credit Date Jan 01, 20X2 Record entry Clear entry View general Journal Req 1 to 3 Analyze > Required: 1. Record adjusting entries in the general Journal as of December 31, 20X1. 2 Record closing entries in the general Journal as of December 31, 20X1. 3. Record reversing entries in the general Journal as of January 1, 20X2 Analyze: Assuming that the firm did not record a reversing entry for salaries payable, what entry is required when salaries of $7.000 are paid on January 3? Complete this question by entering your answers in the tabs below. Req 1 to 3 Analyze Record adjusting entries and closing entries in the general journal as of December 31, 20x1 and reversing entries as of January 1, 20x2. (Round your answers to 2 decimal places.) View transaction et Journal entry worksheet Record the reversing entry for salaries. Note: Enter debits before credits General Journal Debit Credit Date Jan 01. 20X2 Record entry Clear entry View general Journal Req 1 to Analyze > Required: 1. Record adjusting entries in the general Journal as of December 31, 20X1. 2 Record closing entries in the general Journal as of December 31, 20X1. 3. Record reversing entries in the general Journal as of January 1, 20x2. Analyze: Assuming that the firm did not record a reversing entry for salaries payable, what entry is required when salaries of $7.000 are paid on January 3 Complete this question by entering your answers in the tabs below. Reg 1 to 3 Analyze Record adjusting entries and closing entries in the general journal as of December 31, 20X1 and reversing entries as of January 1, 20x2. (Round your answers to 2 decimal places.) View transaction Mat Journal entry worksheet Record the reversing entry for social security & Medicare. Note: Enter debits before credits General Journal Debit Credit Date Jan 01. 20X2 Record entry Clear entry View general Journal Req 1 to 3 Analyze > Required: 1. Record adjusting entries in the general journal as of December 31, 20X1. 2 Record closing entries in the general Journal as of December 31, 20X1. 3. Record reversing entries in the general Journal as of January 1, 20x2. Analyze: Assuming that the firm did not record a reversing entry for salarles payable, what entry is required when salaries of $7.000 are paid on January 3? Complete this question by entering your answers in the tabs below. Req 1 to 3 Analyze Record adjusting entries and closing entries in the general journal as of December 31, 20X1 and reversing entries as of January 1, 20x2. (Round your answers to 2 decimal places.) View transaction Mist Journal entry worksheet Required: 1. Record adjusting entries in the general journal as of December 31, 20X1. 2 Record closing entries in the general Journal as of December 31, 20X1. 3. Record reversing entries in the general Journal as of January 1, 20X2 Analyze Assuming that the firm did not record a reversing entry for salarles payable, what entry is required when salaries of $7.000 are paid on January 3? Complete this question by entering your answers in the tabs below. Reg 1 to 3 Arfalyze Assuming that the firm did not record a reversing entry for salaries payable, what entry is required when salaries of $7,000 are paid on January 3? View transaction Mat Journal entry worksheet

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