On the basis of the preceding information, prepare journal entries to adjust the companys books as of December 31,2010. each entry should include supporting computations. round to the nearest dollar

On December 31, 2010, the following additional information is available. 1. Property taxes for 2010 are due to be paid by April 1, 2011. The company has not paid or recorded its $2,300 property taxes for 2010 The $302 Decemberutility bill has not been recorded or paid. Salaries accrued but not paid total $927. Travel cost reports indicate that $787 of travel advances have been used to pay travel expenses. The office supplies account had a balance of $129 on January 1, 2010. A physical count on December 31, 2010 showed $174 of office supplies on hand. On January 1, 2010, the Buildings account and the store equipment account had balances of $100,000 and $65,000, respectively. The buildings are expected to have an $8,000 residual value, while the store equipment is expected to have a $2,000 residual value at th end of their respective lives. They are being depreciated using the straight line method over 20- and 10- year lives, respectively. The income tax rate is 30% on current income and is payable in the first quarter of 2011.. The pre-tax income of the company before adjustments is $27,749 Required: On the basis of the preceding information, prepare journal entries to adjust the company's books as of December 31, 2010. Each entry explanation should include supporting computations. Round to the nearest dollar