Examine the above adjusting entries and determine which ones should be reversed. Show the reversing entries that should be recorded in the general journal as of January 1, 2020.

1.Record the first reversing entry required.

2.Record the second reversing entry required

3.Record the third reversing entry required.

4.Record the fourth reversing entry required.

				Debit			Credit
2019			(Adjustment a)
	Dec.	31	Uncollectible Accounts Expense		3,670.00
			Allowance for Doubtful Accounts					3,670.00
			To record estimated loss from Uncollectible accounts based on 0.5% of net credit sales, $734,000
			(Adjustment b)
		31	Supplies Expense		5,600.00
			Supplies					5,600.00
			To record supplies used during the year
			(Adjustment c)
		31	Insurance Expense		1,620.00
			Prepaid Insurance					1,620.00
			To record expired insurance on 1-year $6,480 policy purchased on Oct. 1
			(Adjustment d)
		31	Depreciation. Exp.Store Equipment		15,200.00
			Accum. DepreciationStore Equip.					15,200.00
			To record depreciation
			(Adjustment e)
		31	Salaries ExpenseOffice		3,700.00
			Salaries Payable					3,700.00
			To record accrued salaries for Dec. 2931
			(Adjustment f)
		31	Payroll Taxes Expense		283.05
			Social Security Tax Payable					229.40
			Medicare Tax Payable					53.65
			To record accrued payroll taxes on accrued salaries: social security, 6.2% 3,700 = $229.40; Medicare, 1.45% 3,700 = $53.65
			(Adjustment g)
		31	Interest Expense		290.00
			Interest Payable					290.00
			To record accrued interest on a 4-month, 6% trade note payable dated Nov. 1: $29,000 0.06 2/12 = $290.00
			(Adjustment h)
		31	Interest Receivable		233.00
			Interest Income					233.00
			To record interest earned on 6-month, 8% note receivable dated Oct. 1: $9,300 0.10 3/12 = $233.00