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E4-8 Recording Typical Adjusting Journal Entries [LO 4-1, LO 4-2, LO 4-6) Jaworski's Ski Store is completing the accounting process for its first year ended

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E4-8 Recording Typical Adjusting Journal Entries [LO 4-1, LO 4-2, LO 4-6) Jaworski's Ski Store is completing the accounting process for its first year ended December 31, 2018. The transactions during 2018 have been journalized and posted. The following data are available to determine adjusting journal entries ant The unadjusted balance in Supples was $900 at December 31 2018. The unadjusted balance in Supplies Expense was so at December 31, 2018 A year end count showed $110 of supplies an hand. b. Wages earned by employees during December 2018, unpaid and unrecorded at December 31, 2018, amounted to 54,200. The last paychecks were issued December 28, the next payments will be made on January 6, 2019 cA portion of the store's basement is now being rented for $1150 per month to K Frey On November 1, 2018, the store collected sex months' rent in advance from Frey in the amount of $6,900 It was credited in full to Deferred Revenue when collected. The unadjusted balance in Rent Revenue was $0 at December 31, 2018 d. The store purchased delivery equipment at the beginning of the year. The estimated depreciation for 2018 s $2.500, although none has been recorded yet e On December 31, 2018, the unadjusted balance in Prepaid Insurance was $3.300. This was the amount paid in the middle of the year for a two-year insurance policy with coverage beginning on July 1, 2018 1 Jaworski's store did some ski repair work for Frey. At the end of December 31, 2018. Frey had not paid for work completed amounting to $800. This amount has not yet been recorded as Service Revenue Collection is expected during January 2019 Required: For each situation, prepate the adjusting journal entry that Jaworski should record at December 31, 2018, 0f no entry is required for o transaction/event, select "No Journal Entry Required" in the first account feld) View transaction list Journal entry worksheet 1 2 3 4 5 6 Record the adjusting entry for supplies. Note: Enter debits before credits. Transaction General Journal Debit Credit Journal entry worksheet 1 2 3 4 5 6 > Record the adjusting entry for salaries and wages. Note: Enter debits before credits General Journal Debit Credit Transaction b Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the adjusting entry for revenues earned, but not yet recorded. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal

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