1- (REMEMBER!!) * On 1/29 - Gee Wiz paid $6,500 for 12 months of Insurance. The insurance coverage began 1/1/2022 and ends 12/31/2022. 2- (REMEMBER!!) * On 1/31 Gee Wiz paid $450 rental for a storage unit. The payment allows Gee Wiz to use the storage facility from 2/1/2022 until 6/30/2022. 3- (REMEMBER!!) * Gee Wiz Typically pays employees twice a month (on the second and fourth Thursdays off the month). The payment is for the work performed the previous two weeks (for example, in March Gee Wiz will pay salaries of $5,000 on Thursday, March 10 for work performed from Monday February 21st through Friday March 4th. Record the appropriate Accrual for February. 4- (REMEMBER!!) * Gee Wiz has decided to offer a profit sharing plan to its employees. Gee Wiz estimates that it will contribute $1,000 to the plan for 2022. Record the appropriate Accrual for February. 5- * Gee Wiz determined that it had $800 of depreciation in February. Record the depreciation expense. 6- Gee Wiz determined that $5,000 of its accounts receivable will be "bad" (uncollectible). Record the appropriate allowance. 7- Gee Wiz did a physical inventory count and determined there were 50,000 units remaining in inventory on 2/28/2022. Gee Wiz will use the Weighted Average method for determining Cost Of Goods Sold and Inventory.