Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. Following is the company's unadjusted trial balance as of December 31, 2021.

Complete this question by entering your answers in the tabs below. Prepare a single-step income statement for 2021. Use the results of part 1 to complete the six-column table by first entering the appropriate adjustments for items a through g Determine amounts for the following items: a. Correct (reconciled) ending balance of Cash; and the amount of the omitted check. b. Adjustment needed to obtain the correct ending balance of the Allowance for Doubtful Accounts. c. Depreciation expense for the truck used during year 2021. d. Depreciation expense for the two items of equipment used during year 2021. e. The adjusted 2021 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts. Note: Do not round your intermediate calculations. f. The adjusted 2021 ending balances of the Warranty Expense and the Estimated Warranty Liability accounts. g. The adjusted 2021 ending balances of the Interest Expense and the Interest Payable accounts. c. A truck is purchased and placed in service on January 1, 2021. Its cost is belng depreclated with the straight-IIne method using the following facts and estimates. d. Two Items of equipment (a sprayer and an Injector) were purchased and put Into service in early January 2019. They are belng depreclated with the straight-line method using these facts and estimates. e. On September 1,2021 , the company is pald $9,900 cash In advance to provide monthly service for an apartment complex for one year. The company began providing the services in September. When the cash was recelved, the full amount was credited to the Extermination Services Revenue account. f. The company offers a warranty for the services It sells. The expected cost of providing warranty service is 2.5% of the extermination services revenue of $68,400 for 2021. No warranty expense has been recorded for 2021. All costs of servicing warrantles in 2021 were properly debited to the Estlmated Warranty LIability account. g. The $21,000 long-term note is an 8%, five-year, Interest-bearing note with Interest payable annually on December 31 . The note was signed with FIrst National Bank on December 31, 2021. h. The ending Inventory of merchandise is counted and determined to have a cost of $12,900. Bug-Off uses a perpetual Inventory system. Required: 1. Determine amounts for the following Items: a. Correct (reconclled) ending balance of Cash; and the amount of the omitted check. b. Adjustment needed to obtain the correct ending balance of the Allowance for Doubtful Accounts. c. Depreclation expense for the truck used during year 2021. d. Depreclation expense for the two Items of equipment used during year 2021. e. The adjusted 2021 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts. f. The adjusted 2021 ending balances of the Warranty Expense and the Estlmated Warranty Llabillty accounts. g. The adjusted 2021 ending balances of the Interest Expense and the Interest Payable accounts. 2. Use the results of part 1 to complete the slx-column table by first entering the approprlate adjustments for Items a through g and then completing the adjusted trlal balance columns. Hint: Item b requires two adjustments. 3. Prepare journal entrles to record the adjustments entered on the slx-column table. Assume Bug-Off's adjusted balance for Merchandise Inventory matches the year-end physical count. 4a. Prepare a single-step Income statement for 2021. 4b. Prepare the statement of retalned earnings (cash dividends during 2021 were $16,000 ) for 2021. 4c. Prepare a classified balance sheet for December 31, 2021. Complete this question by entering your answers in the tabs below. Prepare the statement of retained earnings (cash dividends during 2021 were $16,000 ) for 2021 . Prepare journal entries to record the adjustments entered on the six-column table. Assume Bug-Off's adjusted balance for Merchandise Inventory matches the year-end physical count. Note: If no entry is required for a particular transaction, select "No journal entry required" in the first account field. Do not round your intermediate calculations. Show less Journal entry worksheet rvote: tnter aedits Derore crealts. Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companles. Following is the company's unadjusted trial balance as of December 31, 2021. The following information in a through h applies to the company at the end of the current year. a. The bank reconcillation as of December 31,2021 , Includes the following facts. Reported on the bank statement is a canceled check that the company falled to record. (Information from the bank reconcillation allows you to determine the amount of this check, which is a payment on an account payable.) b. An examination of customers' accounts shows that accounts totaling $685 should be wrltten off as uncollectible. Using an aging of recelvables, the company determInes that the ending balance of the Allowance for Doubtful Accounts should be $730. Req 4B Red 4C Complete this question by entering your answers in the tabs below. Prepare a single-step income statement for 2021. Use the results of part 1 to complete the six-column table by first entering the appropriate adjustments for items a through g Determine amounts for the following items: a. Correct (reconciled) ending balance of Cash; and the amount of the omitted check. b. Adjustment needed to obtain the correct ending balance of the Allowance for Doubtful Accounts. c. Depreciation expense for the truck used during year 2021. d. Depreciation expense for the two items of equipment used during year 2021. e. The adjusted 2021 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts. Note: Do not round your intermediate calculations. f. The adjusted 2021 ending balances of the Warranty Expense and the Estimated Warranty Liability accounts. g. The adjusted 2021 ending balances of the Interest Expense and the Interest Payable accounts. c. A truck is purchased and placed in service on January 1, 2021. Its cost is belng depreclated with the straight-IIne method using the following facts and estimates. d. Two Items of equipment (a sprayer and an Injector) were purchased and put Into service in early January 2019. They are belng depreclated with the straight-line method using these facts and estimates. e. On September 1,2021 , the company is pald $9,900 cash In advance to provide monthly service for an apartment complex for one year. The company began providing the services in September. When the cash was recelved, the full amount was credited to the Extermination Services Revenue account. f. The company offers a warranty for the services It sells. The expected cost of providing warranty service is 2.5% of the extermination services revenue of $68,400 for 2021. No warranty expense has been recorded for 2021. All costs of servicing warrantles in 2021 were properly debited to the Estlmated Warranty LIability account. g. The $21,000 long-term note is an 8%, five-year, Interest-bearing note with Interest payable annually on December 31 . The note was signed with FIrst National Bank on December 31, 2021. h. The ending Inventory of merchandise is counted and determined to have a cost of $12,900. Bug-Off uses a perpetual Inventory system. Required: 1. Determine amounts for the following Items: a. Correct (reconclled) ending balance of Cash; and the amount of the omitted check. b. Adjustment needed to obtain the correct ending balance of the Allowance for Doubtful Accounts. c. Depreclation expense for the truck used during year 2021. d. Depreclation expense for the two Items of equipment used during year 2021. e. The adjusted 2021 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts. f. The adjusted 2021 ending balances of the Warranty Expense and the Estlmated Warranty Llabillty accounts. g. The adjusted 2021 ending balances of the Interest Expense and the Interest Payable accounts. 2. Use the results of part 1 to complete the slx-column table by first entering the approprlate adjustments for Items a through g and then completing the adjusted trlal balance columns. Hint: Item b requires two adjustments. 3. Prepare journal entrles to record the adjustments entered on the slx-column table. Assume Bug-Off's adjusted balance for Merchandise Inventory matches the year-end physical count. 4a. Prepare a single-step Income statement for 2021. 4b. Prepare the statement of retalned earnings (cash dividends during 2021 were $16,000 ) for 2021. 4c. Prepare a classified balance sheet for December 31, 2021. Complete this question by entering your answers in the tabs below. Prepare the statement of retained earnings (cash dividends during 2021 were $16,000 ) for 2021 . Prepare journal entries to record the adjustments entered on the six-column table. Assume Bug-Off's adjusted balance for Merchandise Inventory matches the year-end physical count. Note: If no entry is required for a particular transaction, select "No journal entry required" in the first account field. Do not round your intermediate calculations. Show less Journal entry worksheet rvote: tnter aedits Derore crealts. Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companles. Following is the company's unadjusted trial balance as of December 31, 2021. The following information in a through h applies to the company at the end of the current year. a. The bank reconcillation as of December 31,2021 , Includes the following facts. Reported on the bank statement is a canceled check that the company falled to record. (Information from the bank reconcillation allows you to determine the amount of this check, which is a payment on an account payable.) b. An examination of customers' accounts shows that accounts totaling $685 should be wrltten off as uncollectible. Using an aging of recelvables, the company determInes that the ending balance of the Allowance for Doubtful Accounts should be $730. Req 4B Red 4C