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a. Clhtain and review the debt agreement on the Line of Credit with 1Wells Fargo. Compute and record interest on the amount owed on the
a. Clhtain and review the debt agreement on the Line of Credit with 1Wells Fargo. Compute and record interest on the amount owed on the line of credit for the month of January. h. Obtain the schedule of assets as of December 31, 2'31? (Workbook on the Excel]. The schedule of assets gives the monthly depreciation expense for all assets owned as of the end of 2tlll'. Add the longterm assets purchased in January to the schedule of assets and compute the depreciation expense for the new assets for one month. The company estimates a $0 residual value for all assets. Record the total depreciation expense for the month of January. c. The "company information\" provides the details of the health insurance coverage provided to all salaried employees. The company has paid all payments in accordance with the agreement. Compute the amount the company has paid ahead at the end of January. Record the adjushnent to record health insurance expense
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