need help with the adjusting entries on the T accounts (the last 3 images) provided journal entry for reference to the section im struggling with
Your answer is correct 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 for the amounts. Record journal entries in the order presented in the problem. Round answers to decimal places, s. 1,5273 1 2 3 4 Services performed for customers through February 27, 2022. but unbilled and uncollected were $3,190 Received notice that a customer who was billed $170 for services performed February 10 hashed for bankruptcy, Shamrock Cleaning Services does not expect to collect any portion of this outstanding receivable. Shamrock Cleaning Services uses the allowance method to estimate bad debts. Shamrock Cleaning Services estimates! 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 $420 salvage value Record 1 month of insurance expense An inventory count shows $340 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) 5. 6 7 8 9. 10 Debit Credit No. Account Titles and Explanation 1. Account Rec 3100 Service 3190 2. Allowance for Dostlul Account 170 counts Receive 170 3 Bad Debt 001 Allowance for Double Account 101 4 Deprecationes 75 Accumulated Depreciation Corp 5 60 Peale 6. Sepple pene 410 HO 74 Ured Service Revenue Service 112 SO Saared and Wages Export Sataries and Wapes Pay 1400 9. Interest Payable 10. Innostone Intime Te Pava Postadjusting the Posters in the order of Cash 2/3 100202 6790 GO WO SIE cu SORCE Uit SE 750 3.900 12/20 2014 227 2/20 ONE SVET Receive 01/25 2.100 2114 Sup 30 Presidiure Prepaid 10 OVE bor Dolcents Allowance for Doohtual Accounts Equipment 7.580 2/5 2/1 3530 Accumulated Depreciation Equipment Accounts Payable 25023 2/18 820 Notes Payable 2/1 6.720 Salaries and Waes Payable Interest Payable Income Taxes Payable Uncanned Service Revue 2/17 Common Stock 211 VO Paldin Capital in Exos of Par 271 4620 Cash Dividends 1.185 2/20 Treasury Stock 750 3/20 Service Revenue 2/16 1200 2720 2610 Utilities Expense 2/1 Salaries and Wars 3.200 2/24 Utilities Expense 2/1 180 Salaries and Wages Expense 3.200 2/24 Insurance Expense Depreciation Expense Bad Debt Expense Supplies Expense Interest Expense Loss on Disposal of Plant Assets 210 2/5 Income Tax Expense Your answer is correct 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 for the amounts. Record journal entries in the order presented in the problem. Round answers to decimal places, s. 1,5273 1 2 3 4 Services performed for customers through February 27, 2022. but unbilled and uncollected were $3,190 Received notice that a customer who was billed $170 for services performed February 10 hashed for bankruptcy, Shamrock Cleaning Services does not expect to collect any portion of this outstanding receivable. Shamrock Cleaning Services uses the allowance method to estimate bad debts. Shamrock Cleaning Services estimates! 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 $420 salvage value Record 1 month of insurance expense An inventory count shows $340 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) 5. 6 7 8 9. 10 Debit Credit No. Account Titles and Explanation 1. Account Rec 3100 Service 3190 2. Allowance for Dostlul Account 170 counts Receive 170 3 Bad Debt 001 Allowance for Double Account 101 4 Deprecationes 75 Accumulated Depreciation Corp 5 60 Peale 6. Sepple pene 410 HO 74 Ured Service Revenue Service 112 SO Saared and Wages Export Sataries and Wapes Pay 1400 9. Interest Payable 10. Innostone Intime Te Pava Postadjusting the Posters in the order of Cash 2/3 100202 6790 GO WO SIE cu SORCE Uit SE 750 3.900 12/20 2014 227 2/20 ONE SVET Receive 01/25 2.100 2114 Sup 30 Presidiure Prepaid 10 OVE bor Dolcents Allowance for Doohtual Accounts Equipment 7.580 2/5 2/1 3530 Accumulated Depreciation Equipment Accounts Payable 25023 2/18 820 Notes Payable 2/1 6.720 Salaries and Waes Payable Interest Payable Income Taxes Payable Uncanned Service Revue 2/17 Common Stock 211 VO Paldin Capital in Exos of Par 271 4620 Cash Dividends 1.185 2/20 Treasury Stock 750 3/20 Service Revenue 2/16 1200 2720 2610 Utilities Expense 2/1 Salaries and Wars 3.200 2/24 Utilities Expense 2/1 180 Salaries and Wages Expense 3.200 2/24 Insurance Expense Depreciation Expense Bad Debt Expense Supplies Expense Interest Expense Loss on Disposal of Plant Assets 210 2/5 Income Tax Expense
