Adjusting Entries:

Journalize the following adjusting entries on December $31.$ Show all calculations.

A$.$ The Supplies Account balance as of December $31$ is $$1,200.$ Actual supplies on hand equals $$800.$

B$.$ The company uses the allowance method for accounts receivable. A review of the accounts receivable aging report indicates that $$50,000$ of the accounts receivable will not be collectable. The allowance account has a current balance of $$30,000.$

C$.$ The trial balance indicates unearned revenue of $$9,000.$ The company has determined that $$3,000$ of service has still not yet been provided.

D$.$ The company paid an annual insurance premium of $$12,000$ during the year. Six months of the insurance has expired.

E$.$ On January $1,$ the company purchased a delivery truck for $$36,000.$ The company expects to use the truck for $5$ years and have a residual value of $$6,000.$ Calculate and record the first year depreciation expense using the double declining value method. Show calculations below.

$\backslash$table$[[$Year$,$Cost,$\backslash$table$[[$Accum Deprec $-],[$beginning of year$]],\backslash$table$[[$Book Value $-],[$beginning of year$]],$DD Rate,Deprec Expense.$],[$Year $1,,,,,]]$

$\backslash$table$[[$GENERAL JOURNAL,Page,$],[,$Date,Description,$\backslash$table$[[$Post$],[$ref$]],$Debit,Credit,$],[1,,,,,,1],[2,,,,,,2],[3,,,,,,3],[4,,,,,,4],[5,,,,,,5],[6,,,,,,6],[7,,,,,,7],[8,,,,,,8],[9,,,,,,9],[10,,,,,,10],[11,,,,,,11],[12,,,,,,12],[13,,,,,,13],[14,,,,,,14],[15,,,,,,15],[16,,,,,,16]]$