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Garvey Company's unadjusted trial balance includes the following account balances as of December 31, 2015: Debits $ 71,330 125,900 1,620 149,800 9,500 54,800 300,200 Credits

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Garvey Company's unadjusted trial balance includes the following account balances as of December 31, 2015: Debits $ 71,330 125,900 1,620 149,800 9,500 54,800 300,200 Credits Cash Accounts receivable Interest receivable Supplies Prepaid insurance Notes Receivable (short-term) Equipment Accumulated Depreciation-Equipment Accounts payable Salaries and Wages Payable Unearned revenue Notes Payable (long-term) Common Stock Retained eamings Service revenue Interest revenue Supplies Expense Repair and Maintenance Expense Rent Expense Depreciation Expense Insurance Expense Salaries and Wages Expense $60,650 112,100 23,200 10,800 93,800 233,700 154,70 43,700 23,500 28,800 19,400 3,800 Totals $765,150 $765,160 The following data are available to determine adjusting entries A) Insurance purchased at the beginning of July for $9.500 provided coverage for tweive months (July 2015 through June 2010) The insurance coverage for July through December sotaling $4.750 has now been used B) The company estimates $8.050 in depreciation each year C) Account showed $93.700 of supplies on hand at the end of the year D) An additional $420 of interest has been eamed but has not yet been uncollected on the outstanding notes receivable E) Services in the amount of $0.400 were performed for customers who had previously paid in advance F) Services in the amount of $3.600 were performed: these services have not yet been billed or recorded. Required a. Prepare the adjusting entries that are required at the end of the period (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list A) Insurance purchased at the beginning of July for $9,500 provided coverage for twelve months (July 2015 through June 2016). The insurance coverage for July through December fotaling $4,750 has now been used. B) The company estimates $8,950 in depreciation each year. C) Account showed $93,700 of supplies on hand at the end of the year. D) An additional $420 of interest has been earned but has not yet been uncollected on the outstanding notes receivable. E) Services in the amount of $6,400 were performed for customers who had previously paid in advance. F) Services in the amount of $3,600 were performed; these services have not yet been billed or recorded. Required: a. Prepare the adjusting entries that are required at the end of the period. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 6 5 4

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