Journalize the following adjustments. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Record journal entries in the order presented in the problem. Round answers to 0 decimal places, e.g. 1,527.) 1. 2. 3. 4. 5. 6. 7. Services performed for customers through February 27, 2022, but unbilled and uncollected were $3,340. Received notice that a customer who was billed $180 for services performed February 10 has filed for bankruptcy. Splish Brothers Cleaning Services does not expect to collect any portion of this outstanding receivable. Splish Brothers Cleaning Services uses the allowance method to estimate bad debts. Splish Brothers Cleaning Services estimates that 3% of its month-end receivables will not be collected. Record 1 month of depreciation for the floor equipment. Use the straight-line method, an estimated life of 4 years, and $440 salvage value. Record 1 month of insurance expense. An inventory count shows $350 of supplies on hand at February 28. One week of services were performed for the customer who paid in advance on February 17. Accrue for wages owed through February 28, 2022. Accrue for interest expense for 1 month. Karen estimates a 20% income tax rate. (Hint: Prepare an income statement up to "income before taxes" to help with the income tax calculation.) 8. 9. 10. No. Account Titles and Explanation Debit Credit 1. Accounts Receivable 33401 Service Revenue 3340 2. Allowance for Doubtful Accounts 180 Accounts Receivable 180 3. Bad Debt Expense 145 X Bad Debt Expense Allowance for Doubtful Accounts 145 x 4. Depreciation Expense 317 Accumulated Depreciation-Equipment 317 5. Insurance Expense 722 Prepaid Insurance 722 6. Supplies Expense 510 > Supplies 510 7. Unearned Service Revenue 117 > Service Revenue 117 8. Tsalaries and Wages Expense 1680 > Salaries and Wages Payable 1680 > 9. Interest Expense 35 Interest Payable 35 10. Income Tax Expense Income Taxes Payable SPLISH BROTHERS CLEANING SERVICES INC. Trial Balance 2/28/22 Debit Credit Cash 8501 Accounts Receivable 5010 Supplies 860 Prepaid Insurance 2165 Prepaid Expenses 190 Equipment 4240 Accounts Payable 600 Notes Payable 7040 Unearned Service Revenue 468 Common Stock 6600 Paid-in Capital in Excess of Par Value-Common Stock 4840 Cash Dividends 1242 Treasury Stock 780 Service Revenue 7210 Utilities Expense 190 Salaries and Wages Expense 3360 Loss on Disposal of Plant Assets 220