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Journal entry worksheet (1) 2 3 4 Record an adjusting entry for wages owed. Note: Enter debits before credits. Journal entry worksheet Record an adjusting

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Journal entry worksheet (1) 2 3 4 Record an adjusting entry for wages owed. Note: Enter debits before credits. Journal entry worksheet Record an adjusting entry for payroll taxes owed. Note: Enter debits before credits. Journal entry worksheet Record an adjusting entry for beginning inventory. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record an adjusting entry for seminar fees earned. Note: Enter debits before credits. Journal entry worksheet Record an adjusting entry for insurance expired. Note: Enter debits before credits. Journal entry worksheet Record an adjusting entry for uncollectible accounts. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record an adjusting entry for supplies used. Note: Enter debits before credits. a.-D. Merchandise Inventory, before adjustment, has a balance of $7,800. The newly counted inventory balance is $8,300. c. Unearned Seminar Fees has a balance of $6,300, representing prepayment by customers for five seminars to be conducted in June, July, and August 20X1. Two seminars had been conducted by June 30, 201. d. Prepaid Insurance has a balance of \$13,800 for six months' insurance paid in advance on May 1, 201. e. Store equipment costing $6,530 was purchased on March 31, 20X1. It has a salvage value of $530 and a useful life of five years. f. Employees have earned $280 that has not been paid at June 30,201. 9. The employer owes the following taxes on wages not paid at June 30, 20X1: SUTA, \$8,40; FUTA, \$1,68; Medicare, \$4.06; and social security, $17.36. h. Management estimates uncollectible accounts expense at 1 percent of sales. This year's sales were $2,300,000. 1. Prepaid Rent has a balance of $7,050 for six monks' rent paid in advance on March 1, 201. j. The Supplies account in the general ledger has a balance of $430. A count of supplies on hand at June 30,201, indicated $165 of supplies remain. k. The company borrowed $4,800 from Second Bancorp on June 1,20X1, and issued a four-month note. The note bears interest at 9 percent. Required: Based on the information above, record the adjusting journal entries that must be made for Kisling Distributors on June 30,201. The company has a June 30 fiscal year-end. Analyze: After all adjusting entries have been journalized and posted, what is the balance of the Prepaid Rent account? Journal entry worksheet (1) 2 Record an adjusting entry for depreciation. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Analyze: After all adjusting entries have been journalized and posted, what is the balance of the Prepaid Rent account? Complete this question by entering your answers in the tabs below. After all adjusting entries have been journalized and posted, what is the balance of the Prepaid Rent account

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