1. During the year 20X1, Alenikov Company had net credit sales of $2,020,000. Past experience shows that 1.5 percent of the firms net credit sales result in uncollectible accounts.
2. Equipment purchased by Fronke Consultancy for $42,500 on January 2, 20X1, has an estimated useful life of 8 years and an estimated salvage value of $3,500. What adjustment for depreciation should be recorded on the firms worksheet for the year ended December 31, 20X1?
3. On December 31, 20X1, Moloney Plumbing Supply owed wages of $12,200 to its factory employees, who are paid weekly.
4. On December 31, 20X1, Moloney Plumbing Supply owed the employers social security (6.2 percent) and Medicare (1.45 percent) taxes on the entire $12,200 of accrued wages for its factory employees.
5. On December 31, 20X1, Moloney Plumbing Supply owed federal (0.6 percent) and state (5.4 percent) unemployment taxes on the entire $12,200 of accrued wages for its factory employees.

For each of the above independent situations, prepare the adjusting entries that must be made on the December 31, 20X1, worksheet. (Round your answers to 2 decimal places.)

Note: Enter debits before credits.

Record an adjusting entry for uncollectible accounts.

Date	General Journal	Debit	Credit
Dec 31, 20X1

Note: Enter debits before credits.

Record an adjusting entry for depreciation.

Date	General Journal	Debit	Credit
Dec 31, 20X1

Note: Enter debits before credits.

Record an adjusting entry for wages owed.

Date	General Journal	Debit	Credit
Dec 31, 20X1

Note: Enter debits before credits.

Record an adjusting entry for social security and medicare taxes owed.

Date	General Journal	Debit	Credit
Dec 31, 20X1

Note: Enter debits before credits.

Record an adjusting entry for federal and state unemployment taxes owed.

Date	General Journal	Debit	Credit
Dec 31, 20X1