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6 Paid 33,500 for salaries and wages due employees, of which $1,500 is for December and 52,000 was accrued in November to salailes and wage

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6 Paid 33,500 for salaries and wages due employees, of which $1,500 is for December and 52,000 was accrued in November to salailes and wage 7 s.400 of delective merchandise was returned trom a November 30,2022 sale on account 8. Recelved 11,8oo cash from custamers in payment of account (no discount allowed) 10 Sold merchsndise for cach 57,600 . The cost of the merchandise sold was 53,840 . (2 entries required) 13. Purchased merchandise on account fram Hecht Co. $6,200, terms 2/10, njo 15. Purchased supplies far cash 11250 18 Sold merchandist on account 116,500, tems 3/20, N/go. The cest of the merchandise sold was 18,700 ao Paid salnties and wages 53400 24. Paid s3,000 in Bdvance for next yeae's annubl inswrance 23 Paid Weche Ca in full, lets diecount 2) Pecelved cobectiont in full lest discounts from customers billed on December 2 fi 28 Recelved s1,00o from customens for services to be preformed in the future as Purchase Equipment on account for $17,000 10 Sold merchandise for cash 57,400 . The cost of the merchandise sold was 53.840. ( 2 entries required) 13 Purchased merchandise on account from Hecht Co. 56,200 , terms 2/10, n/30 15 Purchased supplies for cash $1,250 18 Sold merchandise on account 514,500 , terms 3/20,n/30. The cost of the merchandise sold was 58,700 . 20 Poid salories and wages $3,400 22 Paid 53,000 in advance for next year's annual insurance 23 Paid Hecht Co in full, less discount. 27 Received collections in full, less discounts, from customers billed on December 28 28 Received \$1,00o from customers for services to be preformed in the future 29 Purchase Equipment on account for $12,000 Adjustment dota 1. Accrued salaries and wages payable were $1,700 ot the end of the month 2. Depreciation was 5733 per month 3. Supplies on hand were 41,625 4. One month of interest inceme should be recorded on the 57,200 Note Receivable at an APR of 6.5% 5 Services were preformed to satisfy $900 of the uneamed revenue. 6. December's prepoid rent has been used (annual amount was $13,200 as recorded in Prepaid Rent) Required Complete eoch tab of this Excel Worksheet. General Joumal (all transoctionsin December). mop into. A Accounts (add ony if necessory), prepare Trial Ba snce prepare the adjusting entries ( 36 obove), Prepore Financial Statements in good form (multi-step income stotement, statement of retained earnings, balance sheet) prepare the closing entries, prepare the required ratio computations General Journal General Journal Adjustments After Adj. 12/31/2021 Funnwt o. A Expert Q\&A General Journal Post Closing Entries 6 Paid 33,500 for salaries and wages due employees, of which $1,500 is for December and 52,000 was accrued in November to salailes and wage 7 s.400 of delective merchandise was returned trom a November 30,2022 sale on account 8. Recelved 11,8oo cash from custamers in payment of account (no discount allowed) 10 Sold merchsndise for cach 57,600 . The cost of the merchandise sold was 53,840 . (2 entries required) 13. Purchased merchandise on account fram Hecht Co. $6,200, terms 2/10, njo 15. Purchased supplies far cash 11250 18 Sold merchandist on account 116,500, tems 3/20, N/go. The cest of the merchandise sold was 18,700 ao Paid salnties and wages 53400 24. Paid s3,000 in Bdvance for next yeae's annubl inswrance 23 Paid Weche Ca in full, lets diecount 2) Pecelved cobectiont in full lest discounts from customers billed on December 2 fi 28 Recelved s1,00o from customens for services to be preformed in the future as Purchase Equipment on account for $17,000 10 Sold merchandise for cash 57,400 . The cost of the merchandise sold was 53.840. ( 2 entries required) 13 Purchased merchandise on account from Hecht Co. 56,200 , terms 2/10, n/30 15 Purchased supplies for cash $1,250 18 Sold merchandise on account 514,500 , terms 3/20,n/30. The cost of the merchandise sold was 58,700 . 20 Poid salories and wages $3,400 22 Paid 53,000 in advance for next year's annual insurance 23 Paid Hecht Co in full, less discount. 27 Received collections in full, less discounts, from customers billed on December 28 28 Received \$1,00o from customers for services to be preformed in the future 29 Purchase Equipment on account for $12,000 Adjustment dota 1. Accrued salaries and wages payable were $1,700 ot the end of the month 2. Depreciation was 5733 per month 3. Supplies on hand were 41,625 4. One month of interest inceme should be recorded on the 57,200 Note Receivable at an APR of 6.5% 5 Services were preformed to satisfy $900 of the uneamed revenue. 6. December's prepoid rent has been used (annual amount was $13,200 as recorded in Prepaid Rent) Required Complete eoch tab of this Excel Worksheet. General Joumal (all transoctionsin December). mop into. A Accounts (add ony if necessory), prepare Trial Ba snce prepare the adjusting entries ( 36 obove), Prepore Financial Statements in good form (multi-step income stotement, statement of retained earnings, balance sheet) prepare the closing entries, prepare the required ratio computations General Journal General Journal Adjustments After Adj. 12/31/2021 Funnwt o. A Expert Q\&A General Journal Post Closing Entries

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