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please answer all the questions Problem 4-6AA Preparing adjusting, reversing, and next period entries P4 The following six-column table for Hawkeye Ranges includes the unadjusted
please answer all the questions
Problem 4-6AA Preparing adjusting, reversing, and next period entries P4 The following six-column table for Hawkeye Ranges includes the unadjusted trial balance as of December 31. Adjustments Dr. Cr. Adjusted Trial Balance Dr. Cr. Account Title Cash Accounts receivable Supplies Equipment Accumulated depreciation - Equipment Interest payable Salaries payable Unearned member fees Notes payable P. Hawkeye, Capital P. Hawkeye, Withdrawals Member fees earned Depreciation expense-Equipment Salaries expense Interest expense Supplies expense Totals Unadjusted Trial Balance Dr. Cr. $ 14,000 0 6,500 135,000 $ 30,000 0 0 15,000 75,000 50.250 21.125 42,000 0 30,000 5,625 0 $212,250 $212,250 Required 1. Complete the six-column table by entering adjustments that reflect the following information. a. As of December 31, employees had earned $1.200 of unpaid and unrecorded salaries. The next payday is January 4. at which time $1,500 of salaries will be paid. b. The cost of supplies still available at December 31 is $3,000 c. The notes payable require an interest payment to be made every three months. The amount of unrecorded accrued interest at December 31 is $1.875. The next interest payment at an amount of $2.250, is due on January 15. d. Analysis of the Unearned Member Fees account shows $5,800 remaining unearned at December 31 e. In addition to the member fees included in the revenue account balance, the company has earned another $9.300 in unrecorded fees that will be collected on January 31. The company is also expected to collect S10,000 on that same day for new fees earned in January 1. Depreciation expense for the year is $15.000, Check (Adjusted trial balance totals, $239 625 2. Prepare journal entries for the adjustments entered in the six-column table for part Step by Step Solution
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