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On November 30, 2001, Cyd $12.00 company credited Rem revenue 512.000 my needs to be made on December 31, 201 November 30, 2021, wh As

On November 30, 2001, Cyd $12.00 company credited Rem revenue 512.000 my needs to be made on December 31, 201 November 30, 2021, wh As that wo-year policy was prchant on April 10, 2021, $34,000 recorded as prepaid insurance. There has been no ince expem reported yet in 2021 d) Recond the justing entry on December 31, 2021, to recoed the intent on the note receivable Asume that the signed note was dated April 1, 2001, for $100,000 with a 9 percent interest rate on it e) Record the adjusting entry on December 31, 2021, to second one year of deprecation equipment purchased in 2020. The equipment has an original con of $300,000 with a ten-year life and no salvage value. The straight-line method of depreciation is being used. D) As of December 31, 2021, the supplies inventory and supplies expense accounts have balances of 50 and $5,000, respectively. Make the appropriate adjusting entry aming unused supplies were $2,000 at the end of the year. g) On March 31, 2021, Jefferson Company signed a note for $120,000 with an 8% interest rate on it. Record the December 31, 2021 adjusting entry to record the interest due on the note. BOC 200 point Prepare appropriate ting in good he moh of operations for the fiscal year a) There were unpaid sales of $15.000 as of December 31, 2021. They will be January 15, 2022 b) On November 30, 2021, Jefferson Company received $12,000 for rent area owned by them for December, January, February, and March Assening that the company credited Rent revenue for the $12,000 on November 30, 2021, what entry needs to be made on December 31, 20217 sting c) Record the adjusting entry needed to adjust prepaid insurance as of December 31, 2021. Assume that a two-year policy was purchased on April 30, 3021, for $24,000 and was recorded as prepaid insurance. There has been no insurance expense reported yet in 2021 d) Record the adjusting entry on December 31, 2021, to recont the interest earned on the note receivable. Assume that the signed note was dated April 1, 2021, for $100,000 with a 9 percent interest rate on it.o ) Record the adjusting entry on December 31, 2021, to record one year of depreciation on equipment purchased in 2020. The equipment has an original cost of $300,000 with a ten-year life and no salvage value. The straight-line method of depreciation is being used. As of December 31, 2021, the supplies inventory and supplies expense accounts have balances of $0 and $5,000, respectively. Make the appropriate adjusting entry assuming unused supplies were $2,000 at the end of the year. On March 31, 2021, Jefferson Company signed a note for $120,000 with an 8% interest rate on it. Record the December 31, 2021 adjusting entry to record the interest due on the

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