120 points Saved Help Sav (The following information applies to the questions displayed below.) Boomer Co. reported the following events in 2021, the first year of operations: 1. Issued common stock for $55,000. 2. Paid $14,000 for 1-year of rent from April 1, 2021, to March 31, 2022. 3. Provided services to customers on account for $112,000. 4. Incurred operating expenses on account of $45,000. 5. Received $85,500 cash from customers on account. 6. Paid $41,000 to employees for 2021 salaries. 7. Pald $36,000 on account. Adjusting Entries 8. Recorded adjusting entry for rent used in 2021 (from 2 above.) 9. Recorded adjusting entry for $6,400 of accrued salaries owed at the end of 2021. Events for 2022 1. Paid $6,400 for the salaries accrued at the end of 2021. 2. Provided services for cash of $61,000. 3. Purchased $4,800 of supplies on account. 4. Paid $16,500 for 1-year of rent April 1, 2022 to March 31, 2023. 5. Provided services to customers on account for $128.000. 6. Incurred operating expenses on account of $61,500. 7. Received $109,000 from customers on account. 8. Paid $59,000 on account. 9. Paid $33,500 to employees for 2022 salaries. 10. Paid $11,000 in dividends to stockholders Adjusting Entries 11. Recorded adjusting entry for rent used in 2022. (Hint Part of the rent was paid in 202t: rent per month is not the same in each month in 2022.) 12. Recorded adjusting entry for supplies. At the end of the year. $450 of supplies were still on hand. Proy 12 3 7 ot 8 !!! Next > 1151 Journal entry worksheet B D E G Record Issuance of common stock. Note: Enter debits before credits Event General Joumal Debit Credit 1 Record entry Clear entry View general Journal View transaction list Journal entry worksheet D E F G H Record cash pald in advance for rent. Note: Enter debits before credits Event General Journal Debit Credit 2 Record entry Clear entry View general Journal a. Record the events and adjusting entries for 2021 in general journal form. (Do not round Intermediate required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Part 1 of 7 Journal entry worksheet 3 Doints Record operating expenses incurred on account. eBook Note: Enter debits before credits General Journal Debit Credit Event 4 Record entry Clear entry View general Journal View transaction list :X A Record issuance of common stock. B Record cash paid in advance for rent. C Record services performed on account. D. Record operating expenses incurred on account. E Record entry for cash collected on account. Cred F Record cash paid for 2021 salaries. G Record cash paid on account. H Record adjusting entry for rent used in 2021. Note : = Journal entry has been entered Record entry Clear entry View genera