Journalize the following year end journal entries. Year end is December 31. 

A. We found an invoice for maintenance expense in the amount of $16,000. This invoice was not recorded in our records.

B. Prepaid insurance account has a balance of $6,000and is for a 1-year policy. The policy was purchased on September 1.

C. Office supplies inventory was counted at the end of the year and was found to be $14,000. The general ledger account balance is $24,000.

D. A short term note receivable was issued on August 1for the amount of $500,000. The terms of the note were as follows: 8months note at 3.5% interest.

E. The company uses the Statement of Financial Position method to record bad debt expense. At the end of the year Allowance for Doubtful accounts had a $10,000credit balance and Accounts Receivable had a $1,000,000 balance. The company expects that 5% of receivables will not be collected.

F. The company uses the perpetual method for their merchandise inventory. At year end the inventory count was $15,000,000 but the merchandise inventory general ledger account balance was $16,500,000.   Net realizable value of the inventory at year end was calculated to be $20,000,000. 

G. Unearned revenue has a balance of 30,000. This is for a 6-monthcontract that we started on December