job sudderily and was not able to complelt all his tasks belote lesing You necd to get up to speed and complete Fin unitrotind uakn as roon as possitbe Your titss on yout first day are the following 1 Review thet parrol regster to determene it there are any enors of conssions: 2. Calculate the reievant amours for the companys note payable and determine whetiner your predecessor s journal enties are conect 3 Mate a reconmentatoon as te whether the compary shoud joumalez amy wartanty espense tor the mond You decide is get started - the sooner the bellet Chart of Accounts Copperfield and Company General Ledger ASSETS 110 Cash 111 Accounts Receivable 112 Interest Receivable 113 Notes Receivable 115 Merchandise inventory 116 Supplies 118 Prepaid Insurance 120 Land 123 Buiding 124 Accumulated Depreciation-Bulding 125. Office Equiprnent 126 Accumulated Depreciation-Olfice Equipment REVENUE 410 Sales 610 Interest Revenue EXPENSES 510 Cost of Merchandise Sold 520 Wages Expense 524 Depreciation Expense-Building 525 Delivery Expense 526. Repars Expense 529 Selling Expenses 531 Rent Expense 532 Depreciation Expense-Otfice Equipment 533 Insurance Expense LIABILITIES 210 Accounts Payable 213 Interest Payable 214 Notes Payable 215 Wages Payable 216 Social Security Tax Payable 217 Medicare Tax Payable 218 Employees Federal Income Tax Payable 224 Federal Unemployment Tax Payable 225 State Unemployment Tax Payable 228 Product Warranty Payable 534 Supplies Expense 535 Payroll Tax Expense 538 Cash Short and Over 539 Product Warranty Expense 540 Miscellaneous Expense 710 Interest Expense EQUITY 310 Common Stock 320 Retained Earnings 330 Dividends 340 Income Summary Fevev the payroil register betow, which was prepaved by your predecessor, and then scrol down fo complete a covrected poyroli reguter. If there is no amount or an amount is zero, Copperfeld and Compary issued a 90 -day, 600% note for $190,000 to a ciedtar an account. The grencus cierkentered the foluwing gournal entines th jecoid the bole on Juy 10 and the parment of the notie at matuily. You nofce that the journa enty loc recording the note on july 10 s corroct, but the eniry for the panment of the note at maturty (including interew) dd not have a date and was not coreci You noted that the jourmal entry for iccording the nole on Wly 10 is conrect, but the entry foc the payment of the nces at maturty ineluding interesti did not have a date and was not con Show the joumal entry for pulpment of the note af mativity as it should have been entered. Dont forget to include ihe date Assumie a 360 -day year
