can you add the adjusting entries

GONE IN A FLASH UNADJUSTED TRIAL BALANCE 12/31/18 DR CR 98,324 55,000 0 148,411 916 1,863 441,070 a/c # Accounts 100 Cash 110 Investment Securities--AFS 115 Accrued Interest Receivable 130 Accounts Receivable 131 Allowance for Doubtful Accounts 132 Allowance for Sales returns 140 Merchandise Inventory 150 Prepaid Insurance 160 Store Supplies 170 Land 180 Building 181 A. D. Building 182 Office & Store Equipment 183 A. D. Equipment 184 Delivery Trucks 18SLATDeler Telas Part 2 Worksheet ATB + 13.768 15,346 285.820 476,895 43.855 170.941 38.664 204.132 22 072 C D 38,664 204,132 A B 183 A. D. Equipment 184 Delivery Trucks 185 A. D. Delivery Trucks 200 Accounts Payable 210 FICA Taxes Payable 220 Withholding Taxes Payable 230 Unemployment Taxes Payable 240 Union Dues Payable 250 Salaries & Wages Payable 260 Accrued Utilities Payable 270 Income Taxes Payable 280 Mortgage Payable 281 Accrued Interest Payable 300 Common Stock 301 PIC in Excess of Par 350 Retained Earnings 400 Sales 401 Sales Returns 402 Sales Discounts 100 Internet Rauma 22,072 106,730 0 0 0 0 0 0 0 230,000 0 100.000 1.000.000 67.777 1.824.571 28.734 12.511 B D 12,511 0 1,172,459 7,359 14,376 402 Sales Discounts 490 Interest Revenue 500 Purchases 501 Purchase Returns 502 Purchase Discounts 520 Freight In 550 Cost of Goods Sold 600 Salaries & Wages Expense 605 Payroll Tax Expense 610 Advertising Expense 620 Repair (Delivery) Expense 630 Store Supplies Expense 640 Utilities Expense 650 Insurance Expense 660 Depreciation Expense 670 Doubtful Accounts Expense 799 Miscellaneous Expense 800 Interest Expense 850 Income Tax Expense onlinna S. Part 2 Worksheet ATB 1,952 0 261,324 38,056 10,886 0 0 20.854 0 0 0 0 1.700 0 Adjusting Information Adjusting entries are recorded at the end of the accounting period Une the following information to prepare adjusting entries. Note. You must provide supporting documentation for all calculations in a neat, logical manner. Regardless all adjusting entries must include an explanation when they are recorded in the general journal 1. Payroll for December (payment date will be January 10, 2019) Salaries & Wages Expense $22,500 FICA taxes withheld from employees (2,630) Federal and State taxes withheld from employees(3 471) Union dues withheld from employees (180) Salaries & Wages Payable $16.219 Notes Union dues income taxes withheld and FICA taxes withheld are remitted to the appropnate agent or governmental unit on the 20% of the following month Employees are paid on the 107 of the month following the month of work Based on past experience as well as a review of the current accounts receivable detail, the credit department has determined that the following collectability estimates are reasonable and should be used to adjust the Allowance for Doubtful Accounts at 12/31/18 Invoice classification By month of sale Estimated % Uncollectible December, 2018 November 2018 October 2018 Prior to October 2018 2% 7% 30% 50% 3 The new revenue recognition principle requires the company to estimate the remaining expected sales retums at end of each year Based on past experience the company estimates no remaining expected returns to cash sales, but 3% of accounts receivables at 12/31/18 (due to credit sales) is expected to be eventually returned A physical count of store supplies shows the amount of S7 002 on hand at 12/31/2018 4 5 The 12/31/18 balance in the prepaid insurance account is composed of the following policies Coverage Period 1/1/18-12/31/19 4/1/18-9/30/19 1/1/19-6/30/19 Amount $8,368 3,600 1.800 6 Building equipment and delivery trucks are depreciated using the straight-line method Depreciation on additions and disposals is calculated to the nearest whole month 12/31/18 Salvage Estimated Cost Value Life $40 000 Building Office & Store Equipment Delivery Trucks S476.895 170 941 204 132 35 yrs 10 yrs 12 yrs 16 000 7. Employer payroll taxes for December FICA taxes Unemployment taxes $2,630 846 $3,476 y Note: FICA and unemployment taxes are remitted to the appropriate agent or governmental unit on the 20m of the following month The accrued expense and liability for electricity for December 26 through December 31 is estimated to be $820. 8. 9 Accrue the interest expense for the mortgage payable at December 31. Gone in a Flash has not recorded any interest expense since the principal and interest payment on April 30 2018 (interest rate on the mortgage payable is 4%) 10 Accrue any investment income that Gone in a Flash is entitled from the 5-year Treasury Note in the Investment Securities-Available for Sale account at 12/31/18 interest rate on the is 5%, due every September 30) The ending inventory balance (at 12/31/2018) is S439 570. 11