\begin{tabular}{lll|l|} A & C \\ \hline \end{tabular} In addition to the information on the workbook, you receive the following information from your supervisor to use in preparing adjusting journal entries. 12Bankaccountshavebeenreconciled.AccrueinterestonTreasurybills. work paper The Accounts receivable printed an AR Ageing Report for you. Calculate allowance account balance. 3 The Rent expense account shows two payments of $9,600 on 6/1/21 and 12/1/21. 4 The inventory control company issued a report following the phys 5 The company's count of supplies on hand is $400. 6 Astaff member compiled the fair values of investments held. Detail in the Office equipment account shows the following: 7 Laptop purchased 3/31/21 for $3,500. The account showed a $500 credit on 8/31/2021. You found a sales receipt for $500 that identified the 8 equipment sold as a 3-D printer. 9 Update the depreciation schedule by properly disposing of the 3-D printer and adding the new laptop. Use straight-line and a 5 -year life for the laptop. No salvage value. 10 Confirm balance in Interest Payable account. 11 Payroll for the month ended 12/31/2021 is $9,240 and will be paid on January 5,2022. 12 Record income tax expense using an income tax rate of 21% 13 The company launched a subscription service for gift baskets. Bank Account 12/31/22 You received the following report and were asked to record any adjusting entries required. Balance per bank statement Deposits outstanding \begin{tabular}{r|} \hline 38,218 \\ \hline 8,000 \\ \hline(8,520) \\ \hline 20 \\ \hline 37,718 \\ \hline \end{tabular} Balance per books Checks outstanding Service charges (customer account) NSF checks (customer account) Automatic payment - Credit card* (820) Balance 37,718 Balance 37,718 The credit card is used to purchase supplies. Payroll for year-end; pay date is 1/5/2023 Add header Saints, Inc. Income Tax 12/31/22 Tax rate 21% Income before tax Income tax The company launched a subscription gift program. They charged $1,500 for delivery of a basket valued It $150 to be delivered monthly for 12 months. \begin{tabular}{lll|l|} A & C \\ \hline \end{tabular} In addition to the information on the workbook, you receive the following information from your supervisor to use in preparing adjusting journal entries. 12Bankaccountshavebeenreconciled.AccrueinterestonTreasurybills. work paper The Accounts receivable printed an AR Ageing Report for you. Calculate allowance account balance. 3 The Rent expense account shows two payments of $9,600 on 6/1/21 and 12/1/21. 4 The inventory control company issued a report following the phys 5 The company's count of supplies on hand is $400. 6 Astaff member compiled the fair values of investments held. Detail in the Office equipment account shows the following: 7 Laptop purchased 3/31/21 for $3,500. The account showed a $500 credit on 8/31/2021. You found a sales receipt for $500 that identified the 8 equipment sold as a 3-D printer. 9 Update the depreciation schedule by properly disposing of the 3-D printer and adding the new laptop. Use straight-line and a 5 -year life for the laptop. No salvage value. 10 Confirm balance in Interest Payable account. 11 Payroll for the month ended 12/31/2021 is $9,240 and will be paid on January 5,2022. 12 Record income tax expense using an income tax rate of 21% 13 The company launched a subscription service for gift baskets. Bank Account 12/31/22 You received the following report and were asked to record any adjusting entries required. Balance per bank statement Deposits outstanding \begin{tabular}{r|} \hline 38,218 \\ \hline 8,000 \\ \hline(8,520) \\ \hline 20 \\ \hline 37,718 \\ \hline \end{tabular} Balance per books Checks outstanding Service charges (customer account) NSF checks (customer account) Automatic payment - Credit card* (820) Balance 37,718 Balance 37,718 The credit card is used to purchase supplies. Payroll for year-end; pay date is 1/5/2023 Add header Saints, Inc. Income Tax 12/31/22 Tax rate 21% Income before tax Income tax The company launched a subscription gift program. They charged $1,500 for delivery of a basket valued It $150 to be delivered monthly for 12 months
