How do I record these adjusting journal entries:

Adjusting Journal Entries (AJEs):

1. Wages earned by employees during December (15) and to be paid in January (16) are $35,875; associated payroll taxes on these wages are $2,910. (Record in two separate adjusting entries. The payroll taxes are an expense to the company for unemployment benefits and recorded as a payable to the state & federal taxing authority.)

2. The Unearned Consulting Revenue account has a balance of $261,220 as of December 31, 2015. On May 1, 2015 a client paid CMC $153,000 cash in advance for a 12-month consulting services contract. CMC will earn revenue evenly over this 12-month period. This was the only prepayment received from clients during the entire 2015 fiscal year and recorded with a credit to Unearned Revenue. Of the beginning balance in Unearned Revenue (i.e. at Jan 1 2015), 65% of the work has now been completed by year end.

3. You discover that a sale of a product was made on account and recorded in December for $148,500; the product has not yet been shipped (i.e. delivered to the customer). The cost of the product was 55% of its selling price. CMC uses the perpetual inventory method.

4. Bad debt expense is estimated to be 6% of ending Accounts Receivable. (Round to the nearest whole dollar.)

5. CMC prepays for some insurance and advertising. The Prepaid Expense account has a balance of $26,774 at year end but before adjustment. This balance includes $12,200 for a two-year casualty insurance policy purchased on March 1, 2015. Of the remaining prepaid balance, 60% of the advertising has now been used. (Round to the nearest whole dollar.)

6. Annual depreciation rates are 7% for Buildings & Equipment/Furniture. No salvage. (Round to the nearest whole dollar.)

7. The long-term liabilities were outstanding for all of 2015 and accrue interest at 8% APR. CMCrecords accrued interest quarterly (interest was last updated on Sept. 30.) The company is required to pay the interest annually each January 1^st.

8. CMC often allows customers to finance the purchase of their products through long-term lending agreements and therefore reports Long-term Notes Receivable on their Balance Sheet. These notes are interest bearing and earn CMC interest revenue. The beginning balance of Interest Receivable at January 1, 2015 was $3,500. During 2015, cash received from customers for interest on these notes amounted to $17,600. You determine that the income statement for the year-ended December 31, 2015 should show Interest Revenue in the amount of $18,700. The adjusting entry to accrue interest revenue has not yet been recorded.

9. On December 15, CMCdeclareda dividend of $150,000, to be paid on January 20, 2016. It had not yet been recorded.

10. At December 31, the Long-Term Investments (Available-for-sale securities or AFS) had a fair value of $165,700. The AFS Investment was originally purchased on May 1, 2015 for $180,186. CMCuses a Fair Value Adjustment account (an adjunct/contra account to the Investments) to mark-to-market the investment portfolio at year end. CMCs tax rate is 35%.

Unadjusted Trial Balance:

General Ledger Account Name		Unadj. Balance 12/31/15
Cash and cash equivalents	72,377
Accounts Receivable	910,680
Allowance for doubtful accounts		29,462
Interest Receivable	0
Inventory	1,270,160
Prepaid expenses	26,774
Other Current Assets	16,063
Investments	180,186
Fair Value Adjustment	0	0
Notes Receivable	220,000
Building	876,418
Equipment and furniture	332,983
Land	348,791
Accum Depr		656,465
Goodwill	493,951
Other intangible assets	213,900
Accounts Payable		1,169,343
Dividends payable
Interest payable		41,310
Unearned Consulting Revenue		261,220
Wages payable		81,350
Payroll taxes payable		8,850
Income tax payable
Long term liabilities		688,500
Common Stock		920,000
Paid-in capital common stock		105,000
Treasury Stock	400,000
Retained Earnings		539,069
Dividends
Accum Other Comprehensive Income	0	0
Sales revenue		9,253,346
Service revenue		1,158,785
Interest Revenue		14,100
Sales returns	162,400
Sales discounts	269,662
Product cost of goods sold	5,384,590
Service cost of goods sold	570,811
Advertising	159,080
Bad debt expense	0
Depreciation and amortization	0
Professional Dues & subscriptions	21,470
Gain/loss on disposal	4,790
Income tax expense	0
Insurance	80,144
Interest expense	41,310
Legal and accounting fees	106,650
Miscellaneous	9,048
Office expense	220,114
Payroll taxes	136,975
Property taxes	104,570
Repair and maintenance	42,028
Research and development	470,680
Telephone	20,085
Travel and entertainment	38,391
Utilities	47,049
Wages	964,670
Salaries - Officers	710,000
Income Summary	0	0
Unrealized Gain/Loss-AFS	0		0
	14,926,800		14,926,800