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help with the journalizing please 6. Supplies Expense Supplies 7. Unearned Service Revenue Service Revenue 8. Salaries and Wages Expense Salaries and Wages Payable 9.
help with the journalizing please
6. Supplies Expense Supplies 7. Unearned Service Revenue Service Revenue 8. Salaries and Wages Expense Salaries and Wages Payable 9. Interest Expense Interest Payable 10. Income Tax Expense Income Taxes Payable Notes Payable 9000 Commonstock \begin{tabular}{|r|} \hline \\ \hline 6300 \\ \hline 6820 \\ \hline \end{tabular} Paid -in Capital in Excess of Par. Common Stock TreasuryStock Cish Dividends Service Revenue Utilities Expense Loss on Disposal of Plant Assets Salaries and Wiges Expense Totals $36824 MARIN CLEANING SERVICES INC. Trial Balance Fetruary 28, 2025 Cash Debit Credit Prepaid Insurance $ 11898$ Supplies Prepaid Expenses 246 Acrounts Receivable 7070 Equipment 5980 Accounts Payable \begin{tabular}{|ll} \hline & 7070 \\ \hline \end{tabular} Aceconits Poryble \begin{tabular}{|l|l|} \hline & 5980 \\ \hline \end{tabular} Unearned Service Revenue Notes Payable No. Account Titles and Explanation Debit Credit 1. Accounts Receivable Service Revenue 2. Allowance for Doubtful Accounts 4680 Accounts Receivable 3. Bad Debt Expense Allowance for Doubtful Accounts 4. Depreciation Expense Accumulated Depreciation-Equipment 5. Insurance Expense 735 Prepaid lissurance 5980 133 250 Preparditisurance Journalize the following adjustments, (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Record joumal entries in the order presented in the problem. Round answers to O decimal ploces, es. 1,527.) 1. Services performed for customers through February 27,2025 , but unbilled and uncollected were $4,680. 2. Received notice that a customer who was billed $250 for services performed February 10 has filed for bankruptcy. Marin Cleaning Services does not expect to collect any portion of this outstanding receivable. 3. Marin Cleaning Services uses the allowance method to estimate bad debts. Marin Cleaning Services estimates that 3% of its month-end receivables will not be collected. 4. Record 1 month of depreciation for the floor equipment. Use the straight-line method, an estimated life of 4 years, and $460 salvage value. 5. Record 1 month of insurance expense. 6. An inventory count shows $500 of supplies on hand at February 28. 7. One week of services were performed for the customer who paid in advance on February 17. 8. Accrue for wages owed through February 28, 2025. 9. Accrue for interest expense for 1 month. 10. Karen estimates a 20% income tax rate. (Hint: Prepare an income statement up to "income before taxes" to help with the income tax calculation.) Step by Step Solution
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