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 b. Cost of supplies still available 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 Uneared Revenue shows $5,816 remaining uneared 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 HAWKEYE RANGES 1 Adjustments Deblt Credit Adjusted Trial Balance Debit Credit Partial Work Sheet December 31 Unadjusted Trial Balance Debit Credit $ 13,500 0 5,711 137,700 $ 26,438 0 0 Account Title Cash Accounts receivable Supplies Equipment Accumulated depreciation Equipment Interest payable Salarios payable Uneamed revenue Notes payable Huwkeyo, Capital P. Hawkeyo, Withdrawals Services revenue Depreciation expenseEquipment Salaries expense Interest expense Supples expense Total 14,540 55,000 59,310 20,250 55,080 0 29,082 4.125 0 210,368 $ $ 210,368 Required 2 > 1 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 required" in the first account field.) View transaction list Journal entry worksheet 3 2 4 5 6 Prepare the required adjusting entry, if any. 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. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal Required 1 Required 2 Required 3 Required 4 1 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.") View transaction list Journal entry worksheet 2 3 4 5 6 Prepare reversing entry related to unrecorded salaries, If any. Note Enter debits before credits Debit Credit Transaction General Journal View general Journal Record entry Clear entry 1 - Required 1 Required 2 Required 3 Required 4 Prepare journal entries to record cash payments and cash collections for January (Assume reversing entries were prepared.) (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 6 > Prepare the journal entry to record the January cash flow, if any, As of December 31, employees had eamed $931 of unpaid and unrecorded salaries The next payday is January 4, at which time $1,657 of salaries will be paid Notenter debits before credits Date General Journal Debit Credit Jan of Record entry Clear entry View general Journal