BA212 Financial Accounting Il Capstone Project Account & Unadjusted Trial Balance data Income statement datas Advertising expense Bad Debt Expense Cost of goods sold Delivery expense Depreciation expense-office buildings and equioment Depreciation expense-store buildings and equipment Gain (Loss) on asset disposal Income tax expense Insurance expense Interest expense Interest revenue Miscellaneous administrative expense Miscellaneous selling expense Office rent expense Office salaries expense Office supplies expense Sales Sales commissions Sales salaries expense Store supplies expense Balance cheat datas 150.000 3.500.000 30.000 30.000 100.000 1.933 140.500 21.000 30.000 7.500 14.000 50.000 170.000 10.000 5.313.000 185.000 385.000 21.000 Accounts Davable 194.300 Accounts receivable 545.000 Accumulated depreciation-office buildings and equipment 1.580.000 Accumulated depreciation-store buildings and equipment 4.126.000 Allowance for doubtful accounts 8.450 Bonds Davable 500.000 Cash 217.650 Common stock, $20 par (400,000 shares authorized; 85,000 shares issued, 1,700,000 94.600 outstanding Cash dividends common stock Cash dividends - preferred stock Dividends Pavable common stock Dividends Pavable-preferred stock Goodwill Income tax cavable Interest receivable Merchandise Inventory Land Office buildings Office Equipment Paid-in capital-Treasury Stock Paid-in capital in excess of par-common stock 50.000 40.000 700.000 44.000 1.200 778.000 2.000.000 4.000.000 320.000 13.000 736.800 Paid-in capital in excess of par-referred stock 170.000 Preferred 5% stock, $80 par (30,000 shares authorized; 16,000 shares issued) 1,280,000 Premium on bonds Davable 19.000 Prepaid Insurance Retained eaminas Store buildings Store Equioment Treasury stock Uneamed Revenues 30.000 10.409.433 9.000.000 3.560.000 178.200 112.000 12/31/21 12/31/21 12/31/21 12/31/21 12/31/21 12/31/21 12/31/21 Record the payment of semiannual interest on the bonds issued in January 2021 and the amortization of the premium for six months. The amortization is determined using the straight- line method. Record interest due on outstanding note receivable that was converted to Accounts Receivable in November. A determination whether to write off the note as uncollectible will be made in 1022. Record the adjustment to Unearned Revenues. Services related to Unearned Revenues of $22,000 were performed. Amortize Prepaid Insurance. The 12-month insurance policy was purchased on September 1. Record Depreciation expense on Store Buildings $20,000; Office Buildings $30,000; and Office Equipment $10,000. Record Depreciation expense of the Store Equipment: Compute Depreciation expense on the store equipment purchased in July. Depreciation expense on other Store Equipment assets is $62,500. Estimated Allowance for Doubtful Accounts is computed to be 1% of current year sales. (Hint: the amount of the adjustment should becomputed starting from the unadjusted balance in Allowance for Doubtful Accounts) 5 5 Date Description XYZ Co. Journal XYZ Co. Journal Total Debit page 2 continued Credit page3