$1$

The Unadjusted Trial Balance for Hawkeye Ranges as of December $31$ is presented in requirement $1.$ The following additional information relates to the required year$-$end adjustments.

a$.$ As of December $31,$ employees had earned $$1,213$ of unpaid and unrecorded salaries. The next payday is January $4,$ at which time $$2,159$ of salaries will be paid.

b$.$ Cost of supplies still available at December $31$ total is $$3,655.$

c$.$ An interest payment is made every three months. The amount of unrecorded accrued interest at December $31$ is $$1,375.$ The next interest payment, at an amount of $$1,650,$ is due on January $15.$

d$.$ Analysis of Unearned Revenue shows $$7,582$ remaining unearned at December $31.$

e$.$ Accrues $$12,207$ of revenue for services provided. Payment will be collected on January $31.$

f$.$ Depreciation expense is $$17,234.$

Required:

Complete the six$-$column table by entering adjustments that reflect the above information.

Prepare journal entries for adjustments entered in the six$-$column table for Requirement $1.$

Prepare journal entries to reverse the effects of the adjusting entries that involve accruals.

Prepare journal entries to record cash payments and cash collections for January. $($Assume reversing entries were prepared.$)$

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Complete the six$-$column table by entering adjustments that reflect the above information.

$\backslash$table$[[$HAWKEYE RANGES$],[$Partial Work Sheet$],[$December $31],[,$Unadjusted Trial Balance,Adjustments,Adjusted Trial Balance$],[$Account Title,Debit,Credit,Debit,Credit,Debit,Credit$],[$Cash$,$$$,17,600,,,,,,],[$Accounts receivable,,$0,,,,12,207,,,],[$Supplies$,,7,445,,,,,,,],[$Equipment$,,179,520,,,,,,,],[$Accumulated depreciation$-$Equipment,,,$$,34,468,,,17,234,,],[$Interest payable,,,,$0,,,1,375,,],[$Salaries payable,,,,$0,,,1,213,,],[$Unearned revenue,,,,$18,955,,,,,],[$Notes payable,,,,$55,000,,,,,],[$P$.$ Hawkeye, Capital,,,,$92,774,,,,,],[$P$.$ Hawkeye, Withdrawals,,$26,400,,,,,,,],[$Services revenue,,,,$71,808,,,,,],[,,,,,,,,],[$Depreciation expense$-$Equipment,,$0,,,,17,234,,,],[$Salaries expense,,$37,915,,,,1,213,,,],[$Interest expense,,$4,125,,,,1,375,,,],[$Supplies expense,,$0,,,,,,,],[$Totals$,$$$,273,005,$$$,273,005,$$$,32,029,19,822,$$$,$$$]]$