Intermediate accounting 1 Journalize the following annual adjsuting entries Drop down menu: accounts payble accounts receivable accumulated depreciation-eqipment cash common stock cost of goods sold depreciation expense equipment insurance expense interest expense interest payable notes payable prepaid insurance rent expense retained earnings salaries and wages expense salaries and wages payable service revenue supplies unearned service revenue

Mason Advertising was founded in January 2013. Presented below is the unadjusted trial balance as of December 31, 2020. MASON ADVERTISING Instructions Journalize the following annual adjusting entries (omit explanations). Trial Balance December 31, 2020 CR (a) The sales department forgot to report a $3,500 sale on account. Dec Debit 31 Credit $ Unadjusted DR 11,000 20,000 8,400 3,600 60,000 $ (b) The 2020 depreciation for the equipment is $5,000. Dec 31 Debit Credit 28,000 5,000 (c) Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation"Equipment Accounts Payable Interest Payable Salaries and Wages Payable Notes Payable Unearned Service Revenue Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Interest Expense Depreciation Expense Rent Expense Mason owes $1,300 for payroll on Jan 10, 2021, for the payroll period ending December 31, 2020. Dec Debit Credit 5,000 7,000 10,000 3,750 58,600 31 10,000 (d) Mason purchased a six-month insurance policy on September 1, 2020, for $3,600. (The original entry was posted to the balance sheet account). Dec Debit Credit 31 350 4,000 117,350 $ $ 117,350