Het ve Exit Suomi Check my work a. b. Merchandise Inventory, before adjustment has a balance of $7400. The newly counted Inventory balance 57900 c. Unearned Seminar Pees has a balance of $5.900, representing prepayment by customers for five seminars to be conducted in June July, and August 20X1. Two seminars had been conducted by June 30, 20X1 d. Prepaid Insurance has a balance of $11.400 for six months insurance paid in advance on May 1 20X1 .. Store equipment costing $13.450 was purchased on March 3t 20x1.It has a salvage value of $490 and a useful life of six years Employees have earned $240 that has not been paid at June 30, 20X1 9. The employer owes the following taxes on wages not paid at June 30, 20X SUTA 52.20. FUTA $1.44 Medicare $348 and social security. $14.88 h. Management estimates uncollectible accounts expense percent of sales. This year's sales were $1.900.000 1. Prepaid Rent has a balance of $6.450 for six months rent paid in advance on March 120X1 1. The Supplies account in the general ledger has a balance of $390. A count of supplies on hand at June 30, 20X1. indicated 5145 od supplies remain *. The company borrowed $8,800 from Second Bancorp on June 1, 20X1, and issued a four month note. The note bears interest 6 percent Required: Based on the information above, record the adjusting Jornal entries that must be made for Suden Consulting on June 30 20X1. The company has a June 30 fiscal year-end, Analyze After all adjusting entries have been journalized and posted what is the balance of the Prepaid Rent account? Complete this question by entering your answers in the tabs below. Ger Journal Analye Based on the information above, record the adjusting journal enties that must be made for Sulun Consulting on June 30, 20x The company is a line 3 fiscal year-end Round your final is to decimal places Analyze: After all adjusting entries have been dand posted, what Complete this question by entering your answers in the tabs General Journal Analyze Based on the informatie, record the adjusting journal entries Analyze company has a June 30 fiscal year-end. (Round your final answers to View transaction list Journal entry worksheet 3 1 4 5 6 7 Record an adjusting entry for beginning inventory. Note: Enter debits before credits Transaction De General Journal Merchandise inventory Cash O i 3 #