I've done everything else it's just the last two photos labeled HW 4-4 that I don't get.

Lecture 4 HW - Word Juliana Jen Layout References Mailings Review View Help Tell me what you want to do ADJUSTING ENTRIES AND POSTING TO T-ACCOUNTS Prepare the required adjusting journal entry for each situation as of December 31, 2010. See the last page for the unadjusted account balances shown in T-accounts. (a) Suppose Deana's had received a $1,800 shipment of supplies in September 2010. When counting the supplies on December 31, 2010, Deana's found only $800 worth of supplies on hand. Debit and credit the accounts affected. Dec. 31 Supplies expenses 2010 Supplies recorded 1,000 1.000 (b) Suppose Deana's had paid $12,000 for six months' rent on November 1, 2010. As of December, 31, 2010, two months' (November & December) prepaid rent has expired. Debit and credit the accounts affected. 4,000 Dec. 31 2010 Rent Prepaid rent 4,000 (c) Suppose Deana's had paid $6,000 for one year's insurance on June 1, 2010, Debit and credit the accounts affected. Dec. 31 Insurance expense Prepaid insurance 3.500 2010 3,500 (d) The company had acquired Property, Plant & Equipment costing $40,000 on January 1, 2010. Suppose that the depreciation on this Equipment was calculated to be $2,000 for 2010 Debit and credit the accounts affected. Depreciation on plant and equipment Accumulated depreciation 2,000 2,000 28 English (United States) g FB F9 Lecture 4 HW - Word Julia Layout References Mailings Review View Help Tell me what you want to do (e) On December 1, 2010, the company had sold $500 in gift certificates for decorating services to a customer. On December 31, 2010, the accountant received an envelope containing $400 worth of redeemed gift certificates, not yet recorded in the company's books. Debit and credit the accounts affected. 400 Dec. 31 2010 Unearned revenue Decorating service 400 (1) On June 30, 2010, the company invested $20,000 in a certificate of deposit that will yield 12% interest at the end of one year Debit and credit the accounts affected. 1.200 Dec. 31 2010 Interest receivable Interest income 1.200 @) The company borrowed a note payable from the bank for $30,000 on January 1, 2010, due with all terest on June 30, 2011. The note payable requires 10% interest. Debit and credit the accounts affected. 3,000 Dec. 31 2010 Interest expense Interest payable 3.000 (h) The company calculated its income taxes as $26.110 for the year ended December 31, 2010. Debit and credit the accounts affected. 26.110 Dec. 31 2010 Income tax exp Income tax payable 26,110 On December 15, 2010, the company declared a $750 dividend, payable January 15, 2011. Debit and credit the accounts affected. Dec. 31 Dividend 2010 Dividend payable 1750 750 Esh (United States) 8 out References Mailings Review View Help Design Layout Tell me what you wa Assets + Cash 43,450 Liabilities Accounts Payable 250 Unadi Stockholders' Equity Contributed Capital 10,000 Uoada Unada 43,450 250 Retained Earnings + 0 Unadi Unadi + Supplies 1,80D Supplies 1.000 SURCH Balance 800 cd 1.800 1.800 Dividend Payable Balance 750 nadi cid Dividend 750 750 950 + Dividends Declared - Vaadi 0 Balance 750 cd Didend 750 payable 750 750 Unada Uncanned Reventet Decorating 400 500 Unada revet Balance 100 eld SOD 500 + Accounts Receivable 4,000 4.000 Decorating Revenue + Balance 120,400 120,000 Unadi old Unearned 400 revenue + Prepaid Rent- 12.000 Rent 4,000 Balance 8.000 cid 12.000 12.000 Unadi Notes Payable 30000 Unai 30.000 120,400 120 400 Interest Pavable 3.000 Osadi Balance cid Interest Revenue+ Waadi + Prepaid Insurance - 6,000 Insurance 3.500 Balance 2,500 eld 6 000 6.000 BOX 1 200 1,200 Interest expense 3000 3.000 + Wage Expense 32,000 Unadi + Certificate of Deposit 20.000 Unadi Income Taxes Payable Balande 26, 110 Wease cld Income 26.110 TESS 26.110 26, 110 + Utilities Expense- 1,000 20 000 Unadi Unada + Interest Receivable 0 Balance 1.200 eld 1 2000 + Telephone Expense 500 Stockholders' Equity Interest Income 1.200 1.200 2,000 Depreciation Expense Accumulated 2,000 Balance depreciation cd 2.000 Supplies + Supplies Expense 1,000 Balance od 1,000 + Property Plant & Equipment Loadi 40,000 2.000 1.000 1.000 100 + leterest Expense +Rent Exoense nited States) Table Tools Juli out References Review Mailings old View Help Design Layout Tell me what you want to do SURI Stockholders' Equity Interest 1.2000 Income 1,200 1.200 Depreciation Expense- Accumulated 2,000 Balance 2,000 depreciation eld 2,000 2,000 + Property Plant & Equipment- Woadi 40.000 Supplies + Supplies Expense- 1,000 Balance 1000 cld 1,000 1 000 40.000 Interest payable + Interest Expense 3,000 Interest payable 3,000 3,000 Accumulated Dent + 2,000 o nad Prepaid rent +Rent Expense 1,000 Balance 4,000 cid 4,000 4,000 Balance cd 3000 Depreciation 2.000 expense + Income Tax Expense- + Insurance Expense- u Lecture 4 HW 2.000 2.000 Inne tax payable 26.110 Balance 26, 110 cid Prepard Insurance 3,500 Balance 3.500 od 3,500 3.500 26.110 26.110 nited States) 28 3 Tell me what y References Mailings Review View Help Design Layout HW 4-2: Prepare the adjusted trial balance for Deana's Decorators. Deana's Decorators Adjusted Trial Balance December 31, 2010 Credit Cash Supplies Accounts Receivable Prepaid Rent Prepaid Insurance Certificate of Deposit Interest Receivable Property, Plant & Equipment Accumulated Depreciation Accounts Payable Dividend Payable Uncanned Revenue Debit 43,450 800 4,000 8,000 2.500 20,000 1,200 40,000 2,000 250 750 100 Lecture 4 HW 30,000 3,000 26,110 10,000 750 Notes Payable Interest Payable Income Taxes Payable Contributed Capital Retained Earnings Dividends Declared Decorating Revenue Interest Revenue Wage Expense Utilities Expense Telephone Expense 120,400 1,200 32.000 1.000 500 ates) Lecture 4 HW Word Table Tools References Mailings Review View Help Design Layout Tell me what you want Lecture 4 HW 30,000 3,000 26.110 10,000 750 120,400 1,200 Notes Payable Interest Payable Income Taxes Payable Contributed Capital Retained Earnings Dividends Declared Decorating Revenue Interest Revenue Wage Expense Utilities Expense Telephone Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense Interest Expense Income Tax Expense Totals 32,000 1,000 500 1.000 4,000 3.500 2.000 3,000 26.110 193,810 193.810 Lecture 4 HW - Word Table Tools eferences Mailings Review View Help Design Layout Tell me what you want FINANCIAL STATEMENTS Deana's Decorators Income Statement For the year ended December 31, 2010 120,400 Decorating Revenue Interest Revenue 1.200 121,600 32,000 1,000 500 Less Expenses Wage Expense Utilities Expense Telephone Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense Interest Expense Income tax Expense 1,000 4,000 3,500 2.000 3,000 261.100 73.110 Net Income 48.490 Deana's Decorators Statement of Retained Earnings For the year ended December 31, 2010 0 Beginning Balance + Net Income 48,290 -750 Dividends Declared 47.740 Ending Balance HW 4-3, continued Deana's Decorators Balance Sheet December 31, 2010 Assets 43,450 800 Current Assets Cash Supplies Accounts Receivable Prepaid Rent Prepaid Insurance Certificate of Deposit Interest Receivable 4,000 8,000 2.500 20,000 1,200 79.950 Non Current Assets Property, Plant, and Equipment Accumulated Depreciation Total Assets 40,000 -2,000 117,950 Liabilities 250 750 100 Current Liabilities Accounts Payable Dividend Payable Unearned Revenue Notes Payable Interest Payable Income taxes Payable Total Liabilities 30,000 3,000 26,110 60,210 ates) ** Lecture 4 HW - Word Table Tools Ji References Mailings Review View Help Design Layout Tell me what you want to Stockholders' Equity 10,000 Common Stock Retained Earning Total Shareholders equity 47,740 57,740 Lecture HW Neferences Mallings Review View Help Design Layout Tell me what you HW 4-4 CLOSING ENTRIES, POSTING TO T-ACCOUNTS, PREPARATION OF POST-CLOSING TRIAL BALANCE For Deana's Decorators, prepare the required closing entries Post the entries to the T-accounts shown on the next page. Then, prepare a post-closing trial balance. Date Accounts Debit Credit Post the adjusting entries above to the T-accounts on the page 3. Then, prepare the post-closing trial balance HW 4-4, continued Deana's Decorators Post-Closing Trial Balance December 31, 2010 Debit Credit Account Cash Supplies Accounts Receivable Prepaid Rent Prepaid Insurance Certificate of Deposit Interest Receivable Property, Plant & Equipment PP&E - Accumulated Depreciation Accounts Payable Dividend Payable Unearned Revenue Notes Payable Interest Payable Income Taxes Payable Contributed Capital Retained Earnings Dividends Declared Decorating Revenue Interest Revenue Wage Expense Utilities Expense Telephone Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense Interest Expense Income Tax Expense Totals d States)