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a. During the year 20x1, Alenikov Company had net credit sales of $2.020.000. Past experience shows that 1.5 percent of the firm's net credit sales

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a. During the year 20x1, Alenikov Company had net credit sales of $2.020.000. Past experience shows that 1.5 percent of the firm's net credit sales result in uncollectible accounts. b. Equipment purchased by Fronke Consultancy for $42,500 on January 2, 20X1. has an estimated useful life of 8 years and an estimated salvage value of $3,500. What adjustment for depreciation should be recorded on the firm's worksheet for the year ended December 31, 20X1? c. On December 31, 20X1. Moloney Plumbing Supply owed wages of $12.200 to its factory employees, who are paid weekly. d. On December 31, 20x1, Moloney Plumbing Supply owed the employer's social security (6.2 percent) and Medicare (1.45 percent) taxes on the entire $12.200 of accrued wages for its factory employees. e. On December 31, 20X1. Moloney Plumbing Supply owed federal (0.6 percent) and state (5.4 percent) unemployment taxes on the entire $12.200 of accrued wages for its factory employees. For each of the atlove Independent situations, prepare the adjusting entries that must be made on the December 31, 20X1. worksheet. (Round your answers to 2 decimal places.) View transaction list View joumal entry worksheet Na Date General Journal Debit Credit Dec 31, 20X1 Uncollectible accounts expense 30,300.00 Allowance for doubtful accounts 30 300.00 Prey 1 of 8 Next > 1

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