Debit Credit 3,655.00 3,655.00 5,300.00 5,300.00 1,530.00 1,538.80 2019 (Adjustment a) Dec.31 Uncollectible Accounts Expense Allowance for Doubtful Accounts To record estimated loss from Uncollectible accounts based on 0.5% of net credit sales, $731,000 (Adjustment b) 31 Supplies Expense Supplies To record supplies used during the year (Adjustment ) 31 Insurance Expense Prepaid Insurance To record expired insurance on 1-year $6,120 policy purchased on Oct. 1 (Adjustment d) 31 Depreciation. Exp.-Store Equipment Accum. Depreciation-Store Equip. To record depreciation (Adjustment e 31 Salaries Expense-Office Salaries Payable To record accrued salaries for Dec. 29-31 (Adjustment f) 31 Payroll Taxes Expense Social Security Tax Payable Medicare Tax Payable To record accrued payroll taxes on accrued salaries: social security, 6.25 X 3,400 - $210.80; Medicare, 1.45% X 3,400 - 549.30 Austents 31 Interest Expense Interest Payable 14,900.00 14,900.00 3,400.00 3,400.00 260.10 210.30 49.30 260.00 260.00 Debit Credit 3,655.00 3,655.00 5,300.00 5,300.00 1,530.00 1,538.80 2019 (Adjustment a) Dec.31 Uncollectible Accounts Expense Allowance for Doubtful Accounts To record estimated loss from Uncollectible accounts based on 0.5% of net credit sales, $731,000 (Adjustment b) 31 Supplies Expense Supplies To record supplies used during the year (Adjustment ) 31 Insurance Expense Prepaid Insurance To record expired insurance on 1-year $6,120 policy purchased on Oct. 1 (Adjustment d) 31 Depreciation. Exp.-Store Equipment Accum. Depreciation-Store Equip. To record depreciation (Adjustment e 31 Salaries Expense-Office Salaries Payable To record accrued salaries for Dec. 29-31 (Adjustment f) 31 Payroll Taxes Expense Social Security Tax Payable Medicare Tax Payable To record accrued payroll taxes on accrued salaries: social security, 6.25 X 3,400 - $210.80; Medicare, 1.45% X 3,400 - 549.30 Austents 31 Interest Expense Interest Payable 14,900.00 14,900.00 3,400.00 3,400.00 260.10 210.30 49.30 260.00 260.00