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hey can someome help me with these transactions im a bit confused Journalize the following adjustments in the journal page below Use explanations for the

hey can someome help me with these transactions im a bit confused image text in transcribed
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Journalize the following adjustments in the journal page below Use explanations for the transactions and leave a space between each transaction. These are eight (8) separate transactions. Do not assume that they relate to one another or are for the same company. These companies make adjustments on different dates so read carefully. 1. The supplies asset account balance December 31st was $17.000. In the supply storeroom. It was determined through a count that only $12.750 of supples were remaining, Make the adjusting entry for December 31st to reflect this 2. An insurance policy bought on August 11, 2020 for $18,000 was to last for three (3) years. What will be the adjusting youmal entry for Dec 31st 2020? 3. Employees are paid $4,400 every two (2) weeks. Make the adjusting entry for June 2011 the last payday was June 25th The Senior Accountant inform you that approximately 4% of all sales on account this month will tikely not be collected on May tatates on account morbo 529,547 5. On December 31 there is $3400 in the Unearned Revenue account. A review of the contracts indicates that o% of this money has now been warned. Recorde adjusting entry 6. Machinery purchased January 1st, 2020 for $39,000 was expected to last for 20 years and would be worth $1,000 at that time. The company is using the straight-line method of amortization What is the entry adjusting for December 31st? 17. Office Equipment purchased for $35.000 on May 1st, 2020 is amortized at the rate of 15% per year. What is the adjusting entry for December 2007 8. A truck purchased for $20.000 has accumulated amortization of $6,000 on January 1st and is amortized at a rate of 10% What's the entry for the month period Landing August 312 Tournal 27 28 P.R. Credit Lending August Journal Date Particulars Dec 31 Supplies Expense Supplies To adjust for supplies used this year Debit 4.250.00 29 30 #1 4,250.00 31 32 33 34 # 2 35 36 37 38 #3 39 June 30 Salaries Expense Salaries payable Salaries earned since June 25th 40 41 4 46 12 8888888888SSSSSaa 86 88 5 3 3 3 3 3 3 47 10 30 16 6 51 7 58 57 8

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