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M4-4 (Static) Recording Adjusting Journal Entries [LO 4-2] Required: Prepare the adjusting Joumal entries for the following transactions. (If no entry is required for a

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M4-4 (Static) Recording Adjusting Journal Entries [LO 4-2] Required: Prepare the adjusting Joumal entries for the following transactions. (If no entry is required for a transoction/event, select "No Journai Entry Required" in the first account field.) 1. Supplies for office use were purchased during the year for $500, of which $100 remained on hand (unused) at year-end. 2. Interest of $250 on a note receivable was earned at year-end, although collection of the interest is not due until the following year. 3. At year-end, salaries and wages payable of $3,600 had not been recorded or paid. 4. At year-end, one-half of a $2,000 advertising project had been completed for a client, but nothing had been billed or collected. 5. Redeemed a gift card for $600 of services. Journal entry worksheet B Record the entry for supplies used during the year. Note: Enter debits before credits. Journal entry worksheet Record the interest of $250 on a note receivable that was earned at year-end, although collection of the interest is not due until the following year. Note: Enter debits before credits. Journal entry worksheet Record the salaries and wages payable of $3,600 that had not been recorded or paid. Note: Enter debits before credits. Journal entry worksheet Record the entry for one-half of a $2,000 advertising project that had been completed for a client but nothing had been billed or collected. Note: Enter debits before credits. Journal entry worksheet Record the entry for redemption of a gift card for $600 for services. Note: Enter debits before credits

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