Exercise 13.7 Journalizing reversing entries. LO 13-7 Debit Credit 2019 (Adjustment a) Dec. 31 Uncollectible Accounts Expense 2,864.00 Allowance for Doubtful Accounts 2,864.80 To record estimated loss from Uncollectible accounts based on 6.4% of net credit sales, $716,000 (Adjustment b) 31 Supplies Expense Supplies 3,800.00 3,800.00 To record supplies used during the year (Adjustment c) 31 Insurance Expense 1,080.00 Prepaid Insurance 1,080.00 To record expired insurance on 1-year $4,320 policy purchased on Oct. 1 (Adjustment d) 31 Depreciation. Exp.-Store Equipment 13,400.80 Accum. Depreciation-Store Equip. 13,400.0e To record depreciation ces (Adjustment e) 31 Salaries Expense-Office 1,900.e0 Salaries Payable 1,900.00 To record accrued salaries for Dec. 29-31 (Adjustment f) 31 Payroll Taxes Expense 145.35 Social Security Tax Payable Medicare Tax Payable 117.80 27.55 To record accrued payroll taxes on accrued salaries: social security, 6.2% x 1,900-$117.80; Medicare, 1.45% x 1,500- $27.55 (Adjustment g) 31 Interest Expense 110.00 Interest Payable 110.00 To record accrued interest on a 4-month, 6% trade note poyable dated Nov. 1: $11,000 x 0.96 x 2/12 -$110.00 (Adjustment h) 31 Interest Receivable 158.00 Interest Incone To record interest earned on 6-month, 8% note receivable dated Oct. 1: $7,960 x 0.68 x3/12 $158.060 158.00 Examine the above adjusting entries and determine which ones should be reversed. Show the reve recorded in the general journal as of January 1. 2020 (Record the entries in the order given. Rour places) View transaction list EX: eBook Import a new list Record the first reversing entry required. Record the second reversing entry required Record the third reversing entry required. Record the fourth reversing entry required. 1 Hint 2 Print 3 4 References Credit Note:- journal entry has been entered Record entry Clear entry View general journal