adjusting journal entries

33. 1/31/20 Ck #1014 Declared and paid a cash dividend of $100 to Samantha Sneed. Once all the journal entries are recorded in the practice set, record the adjusting journal entries below with the date being January 31, 2020. The following are the adjusting journal entries for the month of January Record Adjusting Entries: Record the following month end adjusting entries for the month of January Write the journal entries in the practice set after the original journal entries and round to the nearest cent. a. 1,550 of wages for the part-time help from Irene's Temp Services for January should be accrued. Do not worry about payroll taxes; Temp Services Inc. will handle these b. $150 of store supplies remained on hand. c. $43 of office supplies remained on hand. 7| Page d. Make the necessary adjusting entry for one month's depreciation for the furniture and fixtures using Straight Line Depreciation. e. Make the necessary adjusting entry for the store and office equipment using Straight Line Depreciation. f. One month of depreciation for computer equipment using Straight Line Depreciation. 8. One month of prepaid insurance has expired. h. One month of prepaid rent has expired. i. Record the interest on the loan from Wells Fargo. Make sure you prepare the journal entries, and the adjusting entries, and write them in the practice set. T-Accounts: All T-accounts with the correct balances should be prepared. There is an example of how to set up the T-Accounts in Excel at the end of the practice set. Make sure to include all accounts even if they have a zero balance and make sure that the zero is on the normal balance side of the account. Once all the balances are in the T-accounts and the answers have been inputted into Blackboard please staple your T-Account page to the back cover of the practice set