Bramble Corp.s unadjusted trial balance at December 1, 2017, is presented below.

	Debit		Credit
Cash	$26,700
Accounts Receivable	36,100
Notes Receivable	9,800
Interest Receivable	0
Inventory	36,090
Prepaid Insurance	3,300
Land	20,000
Buildings	141,300
Equipment	61,000
Patent	9,090
Allowance for Doubtful Accounts			$550
Accumulated DepreciationBuildings			47,100
Accumulated DepreciationEquipment			24,400
Accounts Payable			27,800
Salaries and Wages Payable			0
Notes Payable (due April 30, 2018)			12,900
Income Taxes Payable			0
Interest Payable			0
Notes Payable (due in 2023)			36,000
Common Stock			56,100
Retained Earnings			32,130
Dividends	13,500
Sales Revenue			919,500
Interest Revenue			0
Gain on Disposal of Plant Assets			0
Bad Debt Expense	0
Cost of Goods Sold	632,500
Depreciation Expense	0
Income Tax Expense	0
Insurance Expense	0
Interest Expense	0
Other Operating Expenses	61,600
Amortization Expense	0
Salaries and Wages Expense	105,500
Total	$1,156,480		$1,156,480

The following transactions occurred during December.

Dec. 2		Purchased equipment for $15,600, plus sales taxes of $600 (paid in cash).
2		Bramble sold for $3,550 equipment which originally cost $4,800. Accumulated depreciation on this equipment at January 1, 2017, was $2,000; 2017 depreciation prior to the sale of equipment was $470.
15		Bramble sold for $5,450 on account inventory that cost $3,380.
23		Salaries and wages of $6,370 were paid.

Adjustment data:

1.		Bramble estimates that uncollectible accounts receivable at year-end are $4,130.
2.		The note receivable is a one-year, 8% note dated April 1, 2017. No interest has been recorded.
3.		The balance in prepaid insurance represents payment of a $3,300, 6-month premium on September 1, 2017.
4.		The building is being depreciated using the straight-line method over 30 years. The salvage value is $31,800.
5.		The equipment owned prior to this year is being depreciated using the straight-line method over 5 years. The salvage value is 10% of cost.
6.		The equipment purchased on December 2, 2017, is being depreciated using the straight-line method over 5 years, with a salvage value of $2,340.
7.		The patent was acquired on January 1, 2017, and has a useful life of 9 years from that date.
8.		Unpaid salaries at December 31, 2017, total $2,110.
9.		Both the short-term and long-term notes payable are dated January 1, 2017, and carry a 10% interest rate. All interest is payable in the next 12 months.
10		Income tax expense was $13,900. It was unpaid at December 31.

PART 1

Prepare journal entries for the transactions listed above and adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)