Lindsey Landscaping has collected the following data for the December 31 adjusting entries: (Click the icon to view the independent cases.) Read the requirements. Requirement 1. Journalize the adjusting entry needed on December 31 for each of the items affecting Lindsey Landscaping. Assume Lindsey records adjusting entries only at the end of the year. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Each Friday, Lindsey pays employees for the current week's work. The amount of the weekly payroll is $6,000 for a five-day workweek. This year December 31 falls on a Wednesday. Lindsey will pay its employees on January 2. Date Accounts and Explanation Debit Credit X More Info Dec. 31 a. Requirements c. Each Friday, Lindsey pays employees for the current week's work. The amount of the weekly payroll is $6,000 for a five-day workweek. This year December 31 falls on a Wednesday. Lindsey will pay its employees on January 2. b. On January 1 of the current year, Lindsey purchases an insurance policy that covers two years, $7,000 The beginning balance of Office Supplies was $4,400. During the year, Lindsey purchased office supplies for $4,900, and at December 31 the office supplies on hand total $1,400. d. During December, Lindsey designed a landscape plan and the client prepaid $6,500. Lindsey recorded this amount as Unearned Revenue. The job will take several months to complete, and Lindsey estimates that the company has earned 70% of the total revenue during the current year. e. At December 31, Lindsey had earned $2,000 for landscape services completed for Move In Appliances. Move In has stated that it will pay Lindsey on January 10. f. Depreciation for the current year includes Equipment, $3,200; and Trucks, $1,800. g. Lindsey has incurred $300 of interest expense on a $500 interest payment due on January 15. 1. Journalize the adjusting entry needed on December 31 for each of the items affecting Lindsey Landscaping. Assume Lindsey records adjusting entries only at the end of the year. 2. Journalize the subsequent journal entries for adjusting entries a, d, and g. Choose from any list or enter any number in the in parts remaining Print Done Print Done Lindsey Landscaping has collected the following data for the December 31 adjusting entries: (Click the icon to view the independent cases.) Read the requirements. Requirement 1. Journalize the adjusting entry needed on December 31 for each of the items affecting Lindsey Landscaping. Assume Lindsey records adjusting entries only at the end of the year. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Each Friday, Lindsey pays employees for the current week's work. The amount of the weekly payroll is $6,000 for a five-day workweek. This year December 31 falls on a Wednesday. Lindsey will pay its employees on January 2. Date Accounts and Explanation Debit Credit X More Info Dec. 31 a. Requirements c. Each Friday, Lindsey pays employees for the current week's work. The amount of the weekly payroll is $6,000 for a five-day workweek. This year December 31 falls on a Wednesday. Lindsey will pay its employees on January 2. b. On January 1 of the current year, Lindsey purchases an insurance policy that covers two years, $7,000 The beginning balance of Office Supplies was $4,400. During the year, Lindsey purchased office supplies for $4,900, and at December 31 the office supplies on hand total $1,400. d. During December, Lindsey designed a landscape plan and the client prepaid $6,500. Lindsey recorded this amount as Unearned Revenue. The job will take several months to complete, and Lindsey estimates that the company has earned 70% of the total revenue during the current year. e. At December 31, Lindsey had earned $2,000 for landscape services completed for Move In Appliances. Move In has stated that it will pay Lindsey on January 10. f. Depreciation for the current year includes Equipment, $3,200; and Trucks, $1,800. g. Lindsey has incurred $300 of interest expense on a $500 interest payment due on January 15. 1. Journalize the adjusting entry needed on December 31 for each of the items affecting Lindsey Landscaping. Assume Lindsey records adjusting entries only at the end of the year. 2. Journalize the subsequent journal entries for adjusting entries a, d, and g. Choose from any list or enter any number in the in parts remaining Print Done Print Done