Choose a-e reason for appropriate account name
prepare journal entry for info given above
A list of various reasons for adjusting account balances is presented below, along with an unadjusted trial balance presented for the year ended December 31 a. As of December 31, the equipment has been used for two full years. Approximately $1,428 of the equipment's usefulness is consumed each year, b. On December 31, the company performed $590 of services for a customer but has not yet recorded or billed the customer. c. On December 31, the company received an e-mail from its utility company indicating the company used $440 of services during December. The company has not recorded this item because the $440 will not be paid until January 15, d. Salaries and wages totaling $523 for the second half of December have not yet been paid or recorded e. No adjustment is needed for this account Credit Debit $ 6,190 690 12,570 Necount Name 2. Cash 2. Accounts Receivable 3. Equipment 4. Memulated Depreciation 5. Accounts Payable 6. Balacles and Wagen Payable 7. Common stock R. Retained Earnings %. Service Revenue 10. Salaries and Wages Expense 11. Depreciation Expense 12. Utilities Expense Totals 5.2.73 890 0 10,000 5.582 12,513 8.02 1,309 2,960 531,727 531,727 Required: 1. For each account balance numbered 1-12, choose an appropriate reason from a d that explains why that particular account balance needs to be adjusted or choose "e. when no adjustment is needed." 1. To Each OLLUULIL UDINICE numele 2, CHIUSE dll appropriate Old-u uid expidelis Wily Lidl Pal Cuid OLLOHL Udine needs to be adjusted or choose "e. when no adjustment is needed." 2. Prepare the adjusting journal entries required as of December 31 Complete this question by entering your answers in the tabs below. Required 1 Required 2 For each account balance numbered 1-12, choose an appropriate reason from a-d that explains why that particular account balance needs to be adjusted or choose "e. when no adjustment is needed." Account Name Reason 1. Cash 2. Accounts Receivable 3. Equipment 4. Accumulated Depreciation 5. Accounts Payable 6. Salaries and Wages Payable 7 Common Stock 8. Retained Earnings 9. Service Revenue 10. Salaries and Wages Expense 11. Depreciation Expense 12 Utilities Expenso Journal entry worksheet Record the adjusting entry if the company has performed $590 of services for a customer but has not yet recorded or billed. Note: Enter debits before credits. General Journal Debit Credit Transaction b. Record entry Clear entry View general journal Journal entry worksheet