For each of the following independent situations, indicate the adjusting entry that must be made on the December 31,2016, worksheet.

A) During the year 2016, Johnson Company had net credit sales of $990,000. Past experience shows that 0.5 percent of the firms net credit sales results in uncollectible accounts.

B) Equipment purchased by Chu Consultancy for $28,220 on January 2, 2016, has an estimated useful life of eight years and an estimated salvage value of $2,700. What adjustment of depreciation should be recorded on the firms worksheet for the year ended December 31, 2016?

C) On December 31, 2016, Parrish Plumbing Supply owed wages of $5,700 to its factory employees, who are paid weekly

D) On December 31, 2016, Parrish Plumbing Supply owed the employers social security (6.2%) and Medicare (1.45%) taxes on the entire 5,700 of accrued wages for its factory employers

E) On December 31, 2016, Parrish Plumbing Supply owed federal (.6%) and state (5.4%) unemployed taxes on the entire 5,700 of accrued wages for its factory employees