Kieso, Intermediate Accounting, 17e CALCULATOR STANDARD VW PRINTER VERSION Exercise 22-19 A partial trial balance of Sheridan Corporation is as follows on December 31, 2021. Dr. Cr. $2,700 $1,400 5,200 Suples Salaries and wages payable Interest Receivable Prepaid Insurance Unearned Rent Interest Payable 13,500 Additional adjusting data 1. A physical count of supplies on hand on December 31, 2021 totaled $1.100 2. Through oversight, the Salaries and Wages Payable account was not changed during 2021. Accrued salaries and wages on December 31, 2021, amounted to 54.000 3. The Interest Receivable account was unchanged during 2021. Accrued terest on investments amounts to $4,300 on December 31, 2021 4. The unexpired portions of the insurance police totaled 562,000 as of December 31, 2021 5. 529,600 was received on January 1, 2021, for the rent of a building for both 2021 and 2022. The entire amount was credited to rent revenue 6. Depreciation on equipment for the year was erroneously recorded as $4,700 rather than the correct figure of $47.000 7. A further review of depreciation calculations of prior years revealed that equipment depreciation of $7.400 was not recorded. It was decided that this overnight should be corrected by a prior period a stment. Asuming that the books have not been closed, what are the adjusting entres necessary at December 31, 20217(nore income tax considerations.) Credit accountries are automatically indeed when and De t a y neantry is required, select "No Entry for the accounts and enter for the amount) No. Account Titles and Explanation Debit Credit M .U S kleso, Intermediate Accounting, 17e Intermediate Accounting & IT (A STANDARD VIEW PRINTER VERSION BACK NE Assuming that the books have been dosed, what are the adjusting entries necessary at December 31, 2021? (Ignore income tax considerations.) (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 for the amounts) No. Account Titles and Explanation Debat Rrupli mand Commond Kies, Intermediate ALLOUHy, le STANDARD VW PENTER VERSION BACK Puss the necessary adjusting entries for the following taking into account income tax effects (40 tax rate) and assuming that the books have been closed. (Round answers to decimal places . 5.275. Credit account titles are automatically indented when amount is entered. Den indent manually. If no entry is required, select "Ne Entry for the account titles and enter for the amounts) 1. 2. Depreciation on equipment for the year was erroneously recorded as $4,700 rather than the correcture of $47.000 A further review of deprecation calculations of prior years revealed that equipment depreciation of $7,400 was not recorded. It was decided that this oversight should be corrected by a prior period adjustment No. Account Tities and Explanation Debit Credit Click if you would like to show Work for this question Open Show Work WERY Pli