Journalize entries related to bank reconciliation and all adjusting entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.)

Record journal entries for transactions 19

1. On February 1, Swifty collected fees of $11,280 in advance. The company will perform $940 of services each month from February 1, 2017, to January 31, 2018. 2. On February 1, Swifty purchased computer equipment for $8,460 plus sales taxes of $564. $2,820 cash was paid with the rest on account. Check #455 was used. 3. On March 1, Swifty acquired a patent with a 10-year life for $9,024 cash. Check #456 was used. 4. On March 28, Swifty recorded the quarter's sales in a single entry. During this period, Swifty had total sales of $131,600 (not including the sales referred to in item 1 above). All of the sales were on account. On March 29, Swifty collected $125,020 from customers on account 6. On March 29, Swifty paid $15,390 on accounts payable. Check #457 was used. 7. On March 29, Swifty paid other operating expenses of $91,670. Check #458 was used. 8. On March 31, Swifty wrote off a receivable of $190 for a customer who declared bankruptcy 9. On March 31, Swifty sold for $1,520 equipment that originally cost $10,340. It had an estimated life of 5 years and salvage of $940. Accumulated depreciation as of December 31, 2016, was $7,520 using the straight line method. (Hint: Record depreciation on the equipment sold, then record the sale.)