(1) Prepare journal entr the chart of acco pare journal entries to record the October 2019 transactions listed on the following page hart of accounts for the appropriate account titles to use). Prepare a sepa ach transaction and leave a space after each entry! Check fiqure: Total debits - account titles to use). Prepare a separate journal entry for check figure: Total debits = $112,705. OPTIONAL: Post the journal entries to the T-accounts and calculate the account balances. unadjusted trial balance. Check figures: Cash balance = $26.155: Trial balance total debits = P60, a calculate the account balances. Prepare an (2) Prepare adjusting journal entries in the general iour in the general journal based on the following information (all AJEs are dated October 31): (A) The computers and mobile devices have a useful life of 3 years. Record one month of deprecia (h) The truck has a useful life of 5 years. Record one month of depreciation (c) There were $315 of supplies on hand at the end of the month. (d) Record insurance expired for one month. (e) Employees earn salaries & wages of $4,000 per week. Assuming a Monday - Friday workweek, accrue wages and salaries for October 28-31. (f) By the end of October, one month of cleaning services has been performed for La Playa High School, for which payment had been received in advance on October 24. (g) On October 31, Sparkle performed cleaning services for a local athletic club. The client will be billed in November, $425. (h) Annual interest on the note payable is 7%. Record accrued interest for October (1) Income taxes to accrue for October are estimated to be $490. Check figure: Total Debits = $6,090. OPTIONAL: Post the adjusting entries to the T-accounts and calculate the account balances Prepare an adjusted trial balance. Check figure: Total Debits = $91,100, Oct. 1 Sparkle Pool & Spa Services, Inc. began business by Selling 40 000 shares of $1 par valde common stock for $40,000. Purchased a Ford F150 truck for $33,000, Paid $9.000 down and signed a promissory for the remainder. 3 Paid $250 to advertise in the local newspaner The newspaner published all of the ads in October Paid $1,275 to rent an office and storage space for October Purchased supplies on account from Pool Supplies Superstore, $1,120. Purchased a two-year liability insurance policy for $1,800. Purchased computers and mobile computing devices on account, $3,780. Provided pool cleaning services for customers and received $4,300 cash 11 Paid employee salaries and wages for October 1 - 11 of $3,600. 16 Performed pool maintenance and cleaning services for local hotels. The services were provided on account, $11,500. 18 Received and paid on invoice for $850 from LegalZoom for legal fees related to the set up of the corporation Received $1,500 cash in advance from La Playa High School for five months of future cleaning services to be performed on the high school's pool. Paid employee salaries, $4,000 for the payroll period ending Friday, October 25, Received $2,500 cash from one of the local hotels for payment on their account 28 Paid for the supplies previously purchased on October 7 from Pool Supplies Superstore 29 Performed repair services on a spa and received $750 cash from a customer 30 Received utility bills, (water, electric, gas, etc.) for the month totaling $360. Bills will be paid in November 31 Declared and paid cash dividends to the stockholders, $1,000. DATE GENERAL JOURNAL DESCRIPTION DEBIT CREDIT 2019 GENERAL LEDGER T-ACCOUNTS Cash Accounts Receivable Prepaid Insurance Supplies #114 Truck #141 Accumulated Depreciation-Truck #142 Accumulated Depreciation-Computers #143 Computers #144 Page 144 COMPREHENSIVE PROBLEM 1 PART A (CHAPTERS 1, 3, 4 Notes Payable #211 Accounts Payable #214 Unearned Service Revenue #213 Interest Payable #1216 Salaries & Wages Payable #215 Income Taxes Payable Common Stock #311 Retained Earnings #312 Dividends #313 Income Summary #314 GENERAL LEDGER T-ACCOUNTS Service Revenue #411 Salaries & Wages Expense #1511 Advertising Expense #512 Insurance Expense #513 Utilities Expense #514 Rent Expense #515 #517 #516 Legal Fees Expense Supplies Expense #530 #520 Interest Expense Depreciation Expense #540 Income Taxes Expense UNADJUSTED TRIAL BALANCE OCTOBER 31, 2019 ACCOUNT TITLES DEBIT CREDIT Cash Accounts Receivable Prepaid Insurance Supplies Truck Computers Notes Payable Accounts Payable Unearned Service Revenue Common Stock Dividends Service Revenue Salaries & Wages Expense Advertising Expense Utilities Expense Rent Expense Legal Fees Expense TOTALS ADJUSTED TRIAL BALANCE OCTOBER 31, 2019 ACCOUNT TITLES CREDIT DEBIT Cash Accounts Receivable Prepaid Insurance Supplies Truck Accumulated Depreciation-Truck Computers Accumulated Depreciation-Computers Notes Payable Accounts Payable ts Payable Unearned Service Revenue Interest Payable Salaries & Wages Payable Income Taxes Payable Common Stock Dividends Service Revenue Salaries & Wages Expense Advertising Expense Insurance Expense Utilities Expense Rent Expense Supplies Expense Legal Fees Expense Depreciation Expense Interest Expense Income Taxes Expense TOTALS