18. Recognized the expired rent for both the van and the office bullding for the y i remained the same for Year 5 and Year 6 .) 19. Recognized the balance of the revenue earned in Year 6 where cash had bee 20. Accrued salarles at December 31 , Year 6 , were $1,400. The following information is avallable for the bank reconciliation: (1) Checks written but not pald by the bank, $8,350. (2) A deposit of $6,500 made on December 31 , Year 6 , had been recorded but w (3) A debit memo for $55 for a new supply of checks. (Hint Use Office Supplies E (4) A credit memo for $30 for interest earned on the checking account. (5) An NSF check for $120. (6) The balance shown on the bank statement was $80,822 Prepare a bank reconciliation at the end of the year. (Amounts to be deducted shoulh During Year 6, Pacilio Security Services experienced the following transactions: 1. Pald the salaries payable from Year 5. 2. On March 1, Year 6, Pacilio established a $100 petty cash fund to handle small expenditures. 3. Paid $4,800 on March 1, Year 6 , for a one-year lease on the company van in advance. 4. Paid $7,200 on May 2 , Year 6 , for one year's office rent in advance. 5. Purchased $400 of supplies on account. 6. Purchased 100 alarm systems for $28,000 cash during the year. 7. Sold 102 alarm systems for $57,120. All sales were on account. 8. Record the cost of goods sold related to the sale from Event 7 using the FIFO method. 9. Paid $2,100 on accounts payable during the year. 10. Replenished the petty cash fund on August 1. At this time, the petty cash fund had only 57 of curre following receipts: office supplies expense, $23; cutting grass, $55; and miscellaneous expense, 11. Billed $52,000 of monitoring services for the year. 12. Paid installers and other employees a total of $25,000 cash for salarles. 13. Collected $89,300 of accounts recelvable during the year. 14. Paid $3,600 of advertising expense during the year. 15. Paid $2,500 of utilities expense for the year. 16. Paid a dividend of $10,000 to the shareholders. Adjustments 17. There was $160 of supplies on hand at the end of the year. 18. Recognized the explred rent for both the van and the otfice buliding for the year. (The rent for both remained the same for Year 5 and Year 6 .) 19. Recognized the balance of the revenue earned in Year 6 where cash had been collected in Year 5 20. Accrued salarles at December 31, Year 6 , were $1,400. The following information is avallable for the bank reconciliation: (1) Checks written but not pald by the bank, 58,350 . (2) A deposit of $6,500 made on December 31 , Year 6 , had been recorded but was not shown on the (3) A debit memo for $55 for a new supply of checks. (Hint: Use Office Supplies Expense account.) (4) A credit memo for $30 for interest earned on the checiking account. (5) An NSF check for $120. (6) The balance shown on the bank statement was $80,822