Below is 3 different questions. Question in the textbook then what we have to work with. ACC 255 BE4-5, E4-9, E4-18 (a. only)

entry for BE4-5 At the end of its first year, the trial balance of Rayburn Company shows Equipment $22,000 and zero balances in Accumulated Depreciation Equipment and Depreciation Expense. Depreciation for the year is estimated to be $2,750. Prepare the annual adjusting entry for depreciation at December 31, post the adjustments to T-accounts, and indicate the balance sheet presentation of the equipment at December 31. Page 11 BRIEF EXERCISE 4-5 Adjusting Entry for Depreciation CHAPTER 4 Prepare adjusting entry: GENERAL JOURNAL Date Account Titles ADJUSTING ENTRIES Dec. 31 Debit Credit Post adjusting entry: Depreciation Expense Accumulated Depreciation Equipment Prepare balance sheet presentation of the equipment at December 31: BALANCE SHEET (partial) SIUNTRIERIIIIII) EXERCISE 4-9 Prepare Adjusting Entries GENERAL JOURNAL Date Account Titles ADJUSTING ENTRIES 1. Mar. 31 Debit Credit 2. Mar. 31 3. Mar. 31 Continued on the following page bapes Expense 000. The statement of and entries from data E4-9 The ledger of Howard Rental Agency on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Debit Credit Supplies $ 3,000 Prepaid Insurance 3,600 Equipment 25,000 Accumulated Depreciation Equipment $ 8,400 Notes Payable 20,000 Unearned Rent Revenue 12,400 Rent Revenue 60,000 Interest Expense Salaries and Wages Expense 14,000 An analysis of the accounts shows the following. 1. The equipment depreciates $280 per month. 2. Half of the unearned rent revenue was earned during the quarter. 3. Interest of $400 is accrued on the notes payable. 4. Supplies on hand total $850. 5. Insurance expires at the rate of $400 per month. Instructions Prepare the adjusting entries at March 31, assuming that adjusting entries are made quar terly. Additional accounts are Depreciation Expense. Insurance Expense, Interest Payable, and Supplies Expense. CHAPTER 4 Ange 12 GENERAL JOURNAL EXERCISE 4-9 continued Debit Credit Account Titles ADJUSTING ENTRIES Date 4. Mar. 31 5. Mar. 31 Check figure: Total debits = $10,790 EXERCISE 4-18 (a. only) Prepare Adjusting Entries GENERAL JOURNAL Date Account Titles 2017 ADJUSTING ENTRIES 1. Dec. 31 Debit Credit 2. Dec. 31 3. Dec. 31 Notes: Assume the note is issued on November 1, 2017 & ignore the 2 sentence regarding payment of interest on the 1" day of the following month. HH111111111 4. Dec. 31 5. Dec. 31 Check figure: Total debits = $9,100