Account	Dr	Cr
Cash	120,000
Accounts Receivable	45,000
Investments	50,000
Inventory	65,000
Prepaid Insurance	10,000
Note Receivable	50,000
Equipment	190,000
Patent	80,000
A/C Payable		58,000
Unearned Revenue		6,000
Bank Loan Payable		100,000
Common Stock		102,000
Retained Earnings		295,000
Dividends	5,000
Sales		1,620,000
Dividend income		3,000
Cost of Goods Sold	1,000,000
Salaries Exp	300,000
Accounting Exp	75,000
Advt Exp	70,000
Rent Exp	100,000
Utilities Exp	20,000
Miscellaneous Expense	4,000
Total	2,184,000	2,184,000

Prepare adjusting journal entries.

a) Audit of cash in bank accounts and on hand reveals that $500 is missing from the company's 20 retail locations

b) A count of inventory indicated an ending balance of $64,750.

c) Dividends of $3000 were declared on investments in marketable securities. These dividends will be received in March.

d) Accounts Receivable, $4000 is estimated to be uncollectible.

e) Salaries of $3500 was earned by employees but not paid.

f) Depreciation for the year was calculated to be $20,000.

g) Interest on the loan payable incurred but not paid was $500.

h) Interest earned on the notes receivable was $2000.

i) Amortization of patent $5000.

j) 1/3 of the prepaid insurance had been used as of this month.

k) Income tax expense was estimated at $3000.