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Jordan Company's annual accounting year ends on December 31 It is now December 31, 2018, and all of the 2018 entries have been made except

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Jordan Company's annual accounting year ends on December 31 It is now December 31, 2018, and all of the 2018 entries have been made except for the following a The company owes interest of $1,000 on a bank loan. The interest will be paid when the loan s repaid on September 30,2019 No interest has been recorded. credited Deferred Revenue for $9,300 during January 2019. No entry has been recorded. was credited and Prepaid Insurance was debited for this amount b. On September 1, 2018, Jordan collected si months' rent of $9.300 on storege space At that date. J c. The com pany earned service revenue of $4,800 on a special job that was completed December 29, 2018. Collection will be made d On November1. 2018, Jordan paid a one-year premum for property insurence of $6,000, for coverage starting on that date Cash e. At December 31, 2018, wages earned by employees but not yet paid totaled $2,600 The employees will be paid on the next payroll date, January 15, 2019 f Depreciation of $2,500 must be recognized on a service truck purchesed this year g. The income after all adjustments other than income taxes was S45,000. The company's income tax rate is 15%. Compute and record income tax expense Determine the accounting equation effects of each required adjustment. TIP. The first trensaction is done for you as an exemple Enter any decresses to Assets, Liabilities, or Stockholders Equity with o minus sign.) Required

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