(d1) How much salary was paid on the last payday, Monday, July 29 ? Salary (d2) How much, if any, salary is owed to the employees on July 31 ? Salary (d3) How much salary will be paid on the next payday, Monday, August 5? Salary (e) Prepare the adjusting journal entries required for each of the above four items at July 31, 2024. (Hint: Use the account Subscription Revenue for item (c) ) (Credit account titles are automatically indented when the omount is entered. Do not indent manually. Round all amounts to the nearest dollar. If no entry is required, select "No Entry" for the account tities and enter O for the amounts. List ail debit entries before credit entries.) (a1) How much insurance expires per month for the building? Insurance expires per month \$ (a3) What was the original purchase price of the policy on December 1, 2022? Original purchase price of the policy $ (a4) How much should the adjusted balance in the Prepaid Insurance account be at July 31.2024? Adjusted balance in the Prepaid Insurance account . \$ (b1) How much is annual depreciation expense for the building? Annual depreciation expense mounts to the nearest dollar. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List all debit entries efore credit entries.) Current Attempt in Progress A review of the ledger of Swifty Corporation at its year end. July 31. 2024, produces the followingunadjusted data lor the preparation of annual adjusting entrits 1. Prepaid Imutance, July 31.2024, inadjunted bulance. 39, sa0: The company purchased an inyurance pelicy on Oecemter 1. 2022, with a two-vear term, whith expires November 30.2024. 2. Buildings, July 32,2024, unadpasted bulance, 3255,600. The comeany owns a building purchaned on Sepeember 1, 2017, for 5255, 600 , wah an estinated 50 -rear viehul life, The company uses straght-line deprecistion. 3. Deferred Revenut, Juby 31; 2026, unadfusted belance $34,000. The selling peice of a diejtal magazone subrcription is 560 for soecialprotintion earn $670 each per week Jury 31 is a Wedinesdiry. (a) How much insurence expires per month for the builsine? (b2) Calculate the unadjusted balance in the Accumulated Depreciation-Buildings account as at July 31, 2024. Unadjusted balance in the Accumulated Depreciation-Buildings account (b3) How much should the adjusted balance in the Accumulated Depreciation-Buildings account be at July 31, 2024? Adjusted balance in the Accumulated Depreciation-Buildings account (c1) How much does the company earn per month for the magazine subscriptions? Revenue (c3) How much should the adjusted balance in the Deferred Revenue account be at July 31, 2024? Adjusted balance in the Deferred Revenue account $ (d1) How much salary was paid on the last payday, Monday, July 29? (d1) How much salary was paid on the last payday, Monday, July 29 ? Salary (d2) How much, if any, salary is owed to the employees on July 31 ? Salary (d3) How much salary will be paid on the next payday, Monday, August 5? Salary (e) Prepare the adjusting journal entries required for each of the above four items at July 31, 2024. (Hint: Use the account Subscription Revenue for item (c) ) (Credit account titles are automatically indented when the omount is entered. Do not indent manually. Round all amounts to the nearest dollar. If no entry is required, select "No Entry" for the account tities and enter O for the amounts. List ail debit entries before credit entries.) (a1) How much insurance expires per month for the building? Insurance expires per month \$ (a3) What was the original purchase price of the policy on December 1, 2022? Original purchase price of the policy $ (a4) How much should the adjusted balance in the Prepaid Insurance account be at July 31.2024? Adjusted balance in the Prepaid Insurance account . \$ (b1) How much is annual depreciation expense for the building? Annual depreciation expense mounts to the nearest dollar. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List all debit entries efore credit entries.) Current Attempt in Progress A review of the ledger of Swifty Corporation at its year end. July 31. 2024, produces the followingunadjusted data lor the preparation of annual adjusting entrits 1. Prepaid Imutance, July 31.2024, inadjunted bulance. 39, sa0: The company purchased an inyurance pelicy on Oecemter 1. 2022, with a two-vear term, whith expires November 30.2024. 2. Buildings, July 32,2024, unadpasted bulance, 3255,600. The comeany owns a building purchaned on Sepeember 1, 2017, for 5255, 600 , wah an estinated 50 -rear viehul life, The company uses straght-line deprecistion. 3. Deferred Revenut, Juby 31; 2026, unadfusted belance $34,000. The selling peice of a diejtal magazone subrcription is 560 for soecialprotintion earn $670 each per week Jury 31 is a Wedinesdiry. (a) How much insurence expires per month for the builsine? (b2) Calculate the unadjusted balance in the Accumulated Depreciation-Buildings account as at July 31, 2024. Unadjusted balance in the Accumulated Depreciation-Buildings account (b3) How much should the adjusted balance in the Accumulated Depreciation-Buildings account be at July 31, 2024? Adjusted balance in the Accumulated Depreciation-Buildings account (c1) How much does the company earn per month for the magazine subscriptions? Revenue (c3) How much should the adjusted balance in the Deferred Revenue account be at July 31, 2024? Adjusted balance in the Deferred Revenue account $ (d1) How much salary was paid on the last payday, Monday, July 29
