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Help Use the unadjusted trial balance of Electric Bike on December 31, 2020 9 Credit 10 points Debit $ 7,500 22,065 34,000 2,115 935 4,855 67,890 Print $ 13,055 7.400 References 160,885 Cash Accounts receivable Merchandise Inventory Store supplies Office Supplies Prepaid insurance Equipment Accumulated depreciation, equipment Accounts payable Salaries payable Braeden Li, capital Braeden u withdrawals Interest Inco Sales Sales returns and allowances Cost of goods sold Salaries expense Rent expense Supplies expense Depreciation expensex equipment Insurance expense Totals $9,000 250 526.000 4.470 380,500 95,700 28,500 $787,590 5707,590 Recurar Saved Help Seve & E 28.500 Submit 3 CAPE Rent expense Supplies expense Depreciation expense, equipment Insurance expense Totals 0 $707,550 $707,590 Required: 1. Record adjusting entries for the following information a. The records show that the equipment was estimated to have a total estimated useful life of 10 years with a residual value at the end of its life of $13.890 b. The balance in the Prepaid Insurance account was reviewed and it was determined that $335 was unused at December 31, 2020 c. A review of the store supplies on December 31, 2020, revealed a balance on hand of 51820, a similar examination of the attice supplies showed that $720 had been used d. Accrued salaries payable, $1,500 e. A count of the merchandise inventory revealed a balance on hand December 31, 2020, of $33.260 View transaction lit Journal entry worksheet 6 Help Seve 9 Journal entry worksheet 1 2 3 4 5 6 > Record depreciation expense. ints Note: Enter debits before credits ferences General Journal Date Dec 31, 2020 Debit Credit Record entry Clear entry View general al e con contexternal browserunchthttpS3A5252Fwcorneredet.com ons Chapter 5 - Graded homework #5 LTCOME SHUMICALS Help Save & E Sub 9 ELECTRIKE Incon Station For Year Ended tomber 31, 2020 10 points Print References Operating expenses Total operating expenses NIN Chapter 5 - Graded homework #5 Help 9 Operating expenses 10 points Print Total operating expenses References Other revenues and expenses 5