BEGINNING BALANCES

Indiana buys units of inventory at a cost of $unit on credit, terms net

Indiana pays off the beginning salaries payable balance.

Indiana pays off the beginning of the year accounts payable balance

Indiana sells units to Sallah Co for $ each on credit, terms net

Indiana collects the amount owed by Sallah Co within the discount period.

Indiana pays off the purchase

Indiana pays off the beginning income taxes payable balance

Indiana pays $ for office supplies

Indiana buys units of inventory at a cost of $unit on credit, terms net

Indiana provides the services owed to a client. The client paid $ in advance last year.

Indiana sells units to Belloq Industries for $ each on credit, terms net

Indiana grants Belloq Industries an allowance of $ for damaged goods

Indiana collects the amount owed by Belloq Industries within the discount period

Indiana pays $ for television advertising

Indiana pays off the purchase

Indiana collects the amount owed by Thuggee Ltdsee instructions No discount applies.

Indiana writes of the Herr Oberst & SonsCo. AR balance as uncollectible see instructions

Indiana buys units of inventory at a cost of $unit in cash

Indiana sells units to Short Round Ventures for $ each on credit, terms net

Indiana pays $ of the interest payable balance

Indiana collects the amount owed by Short Round Ventures outside the discount period.

Indiana pays off the dividends payable balance

Indiana pays $ for miscellaneous expenses

Indiana buys a shortterm investment for $

Indiana buys a parcel of land for $ cash.

Indiana buys units of inventory at a cost of $unit on credit, terms net

Indiana provides services to Mola Ram Co for $ in cash

Indiana sells units to Satipo Guides, Inc. for $ each on credit, terms net

Indiana collects the amount owed by Satipo Guides, Inc. within the discount period.

Indiana sells units to Toht Industrial Co for $ each in cash

Indiana pays off the purchase

Indiana buys $ of office supplies on credit, terms net

Indiana pays Ravenwood Inc. for miscellaneous expenses for $

Indiana pays $ for television advertising

Indiana buys units of inventory at a cost of $unit on credit, terms net

Indiana sells units to Brody Co for $ each on credit, terms net

Indiana collects the amount owed by Brody Co within the discount period.

Indiana collection $ from Well of Souls Construction for services to be provided next year.

Indiana pays off the purchase

Indiana pays for postage, shipping costs, and other miscellaneous items total of $

Indiana buys units of inventory at a cost of $unit on credit, terms net

Indiana buys $ of office supplies on credit, terms net

Indiana sells units to Dietrich GmbH for $ each on credit, terms net

Indiana declares a dividend of $ to be paid next year

Indiana pays off the purchase

Adjust entrieThe

The amoritzation expense for the year is $ Decrease the patent asset

Incurred but unpaid income taxes amount to $

The adjustment to bad debt expense should be based on a desired ending balance in the Allowance for Doubtful Accounts of of the ending AR balance. hint: there is already a balance in the Allowance Account

Depreciation on the equiptment is based on a useful life of years and $ salvage value

Utitlites for the year were $ and will be paid next year

The annual interest rate on the note payable is The note has been outstanding for the entire year for the ammount of the note, see the beginning balance

A count of the remaining office supplies at the end of the year indicates there is only $ of supplies left. Make the adjustment to account for the used up supplies.

Depreciation on the Building is based on a useful life of years and no salvage value.

The shortterm investment purchased on for $ at an annual interest rate of Accure the interest earned. The interest will be received next year.

Salaries incurred and paid is $ Salaries incurred but unpaid is $ Total salaries for the year is $

The insurance at the beginning of the year is prepaid for four years. At the end of the current year, one year\'s worth has expired. Record the adjustment for the used up insurance amount.