I need help with finding the Cash Dividends, Bad Debt Expense, Depreciation Expense, Unearned Rent Revenue, and Interest Expense.
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Accounting Cycle Review 15 a-e Sandhill Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described below. Debit Credit Prepare journal entries for the transactions and adjustment listed above. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Cash $27,100 55,000 Debit Accounts Receivable No. Account Titles and Explanation Credit Inventory 23,000 1. Cash 26,40 Land 66,000 Buildings 86,700 Preferred Stock 24,000 Equipment 34,000 Allowance for Doubtful Accounts $430 Paid-in Capital in Excess of Par-Preferred Stock 2400 Accumulated Depreciation-Buildings 27,50 2. Cash 6400 Accumulated Depreciation-Equipment 12,00 Accounts Payable 19.200 Common Stock 2,000 Interest Payable -0- Dividends Payable -0- Paid-in Capital in Excess of Par-Common Stock 1440 Unearned Rent Revenue 6,800 3. Treasury Stock 11750 Bonds Payable (10%) 44,00 Common Stock ($10 par) 26,000 Cash 11750 Paid-in Capital in Excess of Par-Common Stock 5,200 Preferred Stock ($20 par) Cash Dividends -0- Paid-in Capital in Excess of Par-Preferred Stock -0- Dividends Payable Retained Earnings 65,970 Treasury Stock -0- Bad Debt Expense Cash Dividends Sales Revenue 569,000 Allowance for Doubtful Accounts Rent Revenue -0- Bad Debt Expense -0- 5. Depreciation Expense 2750 Interest Expense -0- Cost of Goods Sold 383,000 Accumulated Depreciation-Buildings 2750 Depreciation Expense -0- 7. Other Operating Expenses 35,700 Depreciation Expense Salaries and Wages Expense 65,60 Total $776,100 $776,100 Accumulated Depreciation-Equipment Unrecorded transactions and adjustments: 8. Unearned Rent Revenue 1. On January 1, 2020, Sandhill issued 1,200 shares of $20 par, 6% preferred stock for $26,400. . On January 1, 2020, Sandhill also issued 1,200 shares of common stock for $26,400. Rent Revenue . Sandhill reacquired 250 shares of its common stock on July 1, 2020, for $47 per share. 4. On December 31, 2020, Sandhill declared the annual cash dividend on the preferred stock and a $1.40 per share dividend on the outstanding common stock, all payable on January 15, 2021. 9. Interest Expense Sandhill estimates that uncollectible accounts receivable at year-end is $5,500. The building is being depreciated using the straight-line method over 30 years, The salvage value is $4,200. Interest Payable The equipment is being depreciated using the straight-line method over 10 years. The salvage value is $3,400. 8. The unearned rent was collected on October 1, 2020. It was receipt of 4 months' rent in advance (October 1, 2020 through January 31, 2021). The 10% bonds payable pay interest every January 1. The interest for the 12 months ended December 31, 2020, has not been paid or recorded