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 $931 of unpaid and unrecorded salaries. The next payday is January 4, at which time $1,657 of salaries will be paid. b. Cost of supplies still avalable at December 31 total is $2,804 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 $5,816 remaining unearned at December 31. e. Accrues $9,364 of revenue for services provided. Payment will be collected on January 31 1. Depreciation expense is $13,219. Required: 1. Complete the six-column table by entering adjustments that reflect the above information 2. Prepare journal entries for adjustments entered in the six-column table for Requirement 1 3. Prepare journal entries to reverse the effects of the adjusting entries that involve accruals. 4. 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 Required 3 Required 4 1 Adjustments Debit Credit HAWKEYE RANGES Partial Work Sheet December 31 Unadjusted Trial Balance Debit Credit $ 13,500 0 5,711 137,700 $ 26,438 $ 9,364 2,907 13,219 1,375 931 0 Adjusted Trial Balance Debit Credit 13,500 9,364 2,804 137,700 39,657 1,375 931 5,816 55,000 59,310 20.250 73,168 Account Title Cash Accounts receivable Supplies Equipment Accumulated depreciation Equipment Interest payable Salarios payable Unearned revenue Notes payable P. Hawkeye, Capital P. Hawkeyo, Withdrawals Services revenue Depreciation expanse Equipment Salaries expense Interest expense Supplies expense Totals 8,724 0 14,540 55,000 59,310 20,250 55,080 18,088 0 29.082 4,125 13,219 931 1,375 2.907 36,520 $ 13,219 30,013 5.500 2,907 235,257 $ 0 235.257 36,520 $ $ 210,368 $ 210,368 $ ch Required 2 > Prepare journal entries for adjustments entered in the six-column table for Requirement 1. (If no entry is required for a transaction/event, select "No Journal entry.regulred". In the first account field.). 1 View transaction list View journal entry worksheet x No Transaction General Journal Deblt Credit 931 Salaries expense Salorios payable 931 2 b. 2,907 Supplies expense Supplies 2,907 3 c. 1,375 Interest expense Interest payablo 1,375 N 4 d. 8,724 Unearned revenue Services revenue 8,724 5 0. 9,364 Accounts receivable Services revenue 9,364 6 f. 13,219 Depreciation expense-Equipment Accumulated depreciation--Equipment 13,219 Prepare journal entries to reverse the effects of the adjusting entries that involve accruals. (if no reversing entry is required, select "No reversing entry required 1 View transaction lit View journal entry worksheet Na Transaction General Journal Credit Debit 931 1 Salaries expense Salaries payable 931 b Interest experte Interest payable 1,375 1,375 3 a Accounts receivable Salarios payable 9,364 9,364 4 d. No reversing entry required 2 5 e No reversing entry required 6 No reversing entry required Prepare journal entries to record cash payments and cash collections for January (Assume reversing entries were prepared.) (1 is required for a transaction/event, select "No journal entry required" in the first account field.) 1 View transaction list View Journal entry worksheet Debit Credit General Journal No 1 Date Jan 04 931 726 Salaries payable Salaries expense Cash 1,657 2 Dec 31 Interest payable Interest expense Cash | 1,375 275 1,650 0,364 3 Jan 15 Cash Accounts receivable 9,364 4 Dec 31 No journal entry required 5 Jan 31 No journal entry required Dec 31 No jumal entry required