Bug-Orf Exterminators provides pest control services and sells extermination products manufactured by other companies. The following six-column table contains the company's unadjusted trial balance as of December 31,2018. The following information in a through h appl os to the company at the end of the current yeac. a. The bank reconciliation as of December 31,20+8, includes the following facts. Reported on the tank statement is a canceled check, that the company falled to record, finformation fram the bank recoricilation allows you to determine the ambint of this check, which is a payment on an account payable. b. An examination of customers" accounts shows that aceounts potaling $679 should be written off as uncoliectite. Using an aging of cocelvables, the company determines that the ending balance of the Alowance for Doubtui Accounts should be $700 c. A trock is purchased and placed in service on danuary 1, 20ie, its cost is being deprecianed with the stoaighe-line method using the following facts and estimates. The following information in a through h applies to the company at the end of the current year. a. The bank reconclifation as of December 31, 2018, includes the following facts. Reported on the banks statement is a canceled check that the company failed to record. (information from the bank: reconcilation allows you to determine the amount of this check, which is a payment on an account payable) b. An examination of customess' accounts shows that accounts totaling $679 should be written off as uncollectible. Using an aging of receivables, the company determines that the ending balance of the Allowance for Doubtful Accounts should be $700. c. A truck is purchased and placed in service on Janusy 1, 2018. its cost is being depreciated with the straight-line method using tho following facts and estimates: d. Two items of equipment (o sprayer and an injector) were purchased and put into service in earfy January 20:6. They are being depreciated with the straight line meehod using these facts and estimates. e. On August 1, 2018, the compony is paid 53,840 cash in advance to provide monthly senvice for an apartnent complex for one year, The company began providing the services in Augurt when the cash was received, the full amount was credited to the Extermination Services Pevenue account. 2. The company offers a warranty for the services if sely. The ereected cost of providing warranty senvice is 2.5% of the exterminaton services revenue of $53,760 for 20 te. Wo warrany expense has been recorded for 2048 . All costs of servicing warrant es in 2018 were properly debited to the Futmated Warranty liablity account. 9. The $15.000 long-term note is an 84. five yeor, interest besing note with interest payable annualy on December 31 The note was signod with First Natianal Bank on Decenber 31.20 a h. The ending inventory of merchandse is counted and determined to have a cost of 5 nj,700. Bug-Off uses a perpetual inventory system Required: 1. Use the preceding information to determine ambunts for the followng itens. a. Coerect (reconeited) ending balance of Cosh, and the ansunt of the amatted check. b. Adjustment needed to obtiln the correct ending balance of the Alowance for Doubthil Accounts: c. Depreciation expense for the truckused during year 20 is. d. Depreciation expense for the two kerms of equipment used eurng year 2018 e. The adjusted 2018 ending bolances of the Giterminution Services fivenue and Unearned Servises ficvenue accounts f. The adjuyed 2018 end ng baiances of the Warsanty Expense and ehe Estimated Warranty Liability acceunts: 9. The ndjusted zove ending balances of the linterest Expenme and the interest Payoble accounts. 2. Use the restifs of part 1 to complese the sir column tabie by fint entering the aporepriate adjustments for items a The note was signed with First National Bank on December 31, 2018 inete with interest paynble annually on December 31 h. The ending imventory of merchandise is counted and determined to have a cost of $11,700. Bug Off uses a perpefual Imventory system. Required: 1. Use the preceding information to determine ambunts for the following lems: 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 ficcounts. c. Depreciation expense for the truck used during year 2018. d. Depreciation expense for the two items of equipment used during year 2018 . e. The adjusted 2018 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts. f. The adjusted 2018 ending balances of the Warranty Expense and the Estimated Warranty Liabilty accounts. 9. The adjusted 2018 ending balances of the Interest Expense and the Interest Payable accounts. 2. Use the results of part 1 to complete the six-column table by first ontering the appropriate adjustments for items a through g and then completing the Adjusted Trial Balance columns. (Hint: Item b recuires two adjustments.) 3. Prepare journal entries to record the adjustments entered 4 n the six-column table. Assume Bug.Off's adjusted balance for Merchandise Imventory matches the year-end physical count. 4-a. Prepare a single-step income statement for year 2018. 4-b. Prepare a statement of retained earnings (cash dividends during 2018 were $10,000) for year 2018 . 4-c. Prepare a classiffed balance sheet as at 2018. Complete this question by entering your answers in the tabs below. Prepare a statement of retained earnings (cash dividends during 2018 were $10,000 ) for year 2018. Bug-Orf Exterminators provides pest control services and sells extermination products manufactured by other companies. The following six-column table contains the company's unadjusted trial balance as of December 31,2018. The following information in a through h appl os to the company at the end of the current yeac. a. The bank reconciliation as of December 31,20+8, includes the following facts. Reported on the tank statement is a canceled check, that the company falled to record, finformation fram the bank recoricilation allows you to determine the ambint of this check, which is a payment on an account payable. b. An examination of customers" accounts shows that aceounts potaling $679 should be written off as uncoliectite. Using an aging of cocelvables, the company determines that the ending balance of the Alowance for Doubtui Accounts should be $700 c. A trock is purchased and placed in service on danuary 1, 20ie, its cost is being deprecianed with the stoaighe-line method using the following facts and estimates. The following information in a through h applies to the company at the end of the current year. a. The bank reconclifation as of December 31, 2018, includes the following facts. Reported on the banks statement is a canceled check that the company failed to record. (information from the bank: reconcilation allows you to determine the amount of this check, which is a payment on an account payable) b. An examination of customess' accounts shows that accounts totaling $679 should be written off as uncollectible. Using an aging of receivables, the company determines that the ending balance of the Allowance for Doubtful Accounts should be $700. c. A truck is purchased and placed in service on Janusy 1, 2018. its cost is being depreciated with the straight-line method using tho following facts and estimates: d. Two items of equipment (o sprayer and an injector) were purchased and put into service in earfy January 20:6. They are being depreciated with the straight line meehod using these facts and estimates. e. On August 1, 2018, the compony is paid 53,840 cash in advance to provide monthly senvice for an apartnent complex for one year, The company began providing the services in Augurt when the cash was received, the full amount was credited to the Extermination Services Pevenue account. 2. The company offers a warranty for the services if sely. The ereected cost of providing warranty senvice is 2.5% of the exterminaton services revenue of $53,760 for 20 te. Wo warrany expense has been recorded for 2048 . All costs of servicing warrant es in 2018 were properly debited to the Futmated Warranty liablity account. 9. The $15.000 long-term note is an 84. five yeor, interest besing note with interest payable annualy on December 31 The note was signod with First Natianal Bank on Decenber 31.20 a h. The ending inventory of merchandse is counted and determined to have a cost of 5 nj,700. Bug-Off uses a perpetual inventory system Required: 1. Use the preceding information to determine ambunts for the followng itens. a. Coerect (reconeited) ending balance of Cosh, and the ansunt of the amatted check. b. Adjustment needed to obtiln the correct ending balance of the Alowance for Doubthil Accounts: c. Depreciation expense for the truckused during year 20 is. d. Depreciation expense for the two kerms of equipment used eurng year 2018 e. The adjusted 2018 ending bolances of the Giterminution Services fivenue and Unearned Servises ficvenue accounts f. The adjuyed 2018 end ng baiances of the Warsanty Expense and ehe Estimated Warranty Liability acceunts: 9. The ndjusted zove ending balances of the linterest Expenme and the interest Payoble accounts. 2. Use the restifs of part 1 to complese the sir column tabie by fint entering the aporepriate adjustments for items a The note was signed with First National Bank on December 31, 2018 inete with interest paynble annually on December 31 h. The ending imventory of merchandise is counted and determined to have a cost of $11,700. Bug Off uses a perpefual Imventory system. Required: 1. Use the preceding information to determine ambunts for the following lems: 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 ficcounts. c. Depreciation expense for the truck used during year 2018. d. Depreciation expense for the two items of equipment used during year 2018 . e. The adjusted 2018 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts. f. The adjusted 2018 ending balances of the Warranty Expense and the Estimated Warranty Liabilty accounts. 9. The adjusted 2018 ending balances of the Interest Expense and the Interest Payable accounts. 2. Use the results of part 1 to complete the six-column table by first ontering the appropriate adjustments for items a through g and then completing the Adjusted Trial Balance columns. (Hint: Item b recuires two adjustments.) 3. Prepare journal entries to record the adjustments entered 4 n the six-column table. Assume Bug.Off's adjusted balance for Merchandise Imventory matches the year-end physical count. 4-a. Prepare a single-step income statement for year 2018. 4-b. Prepare a statement of retained earnings (cash dividends during 2018 were $10,000) for year 2018 . 4-c. Prepare a classiffed balance sheet as at 2018. Complete this question by entering your answers in the tabs below. Prepare a statement of retained earnings (cash dividends during 2018 were $10,000 ) for year 2018