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Please complete the second requirement Jordan Company's annual accounting year ends on December 31. It is now December 31, 2018, and all of the 2018
Please complete the second requirement Jordan Company's annual accounting year ends on December 31. It is now December 31, 2018, and all of the 2018 entries have been made except for the following: a. The company owes interest of $640 on a bank loan. The interest will be paid when the loan is repaid on September 30, 2019. No b. On September 1, 2018, Jordan collected six months' rent of $4,440 on storage space. At that date, Jordan debited Cash and c. The company earned service revenue of $2,700 on a special job that was completed December 29, 2018. Collection will be made d. On November 1, 2018, Jordan paid a one-year premium for property insurance of $3,840, for coverage starting on that date. Cash e. At December 31, 2018, wages earned by employees but not yet paid totaled $1,200. The employees will be paid on the next payroll f interest has been recorded. credited Deferred Revenue for $4,440. during January 2019. No entry has been recorded. was credited and Prepaid Insurance was debited for this amount. date, January 15, 2019. Depreciation of $1,100 must be recognized on a service truck purchased this year. The income after all adjustments other than income taxes was $29,400. The company's income tax rate is 20%, compute and record income tax expense. g
Please complete the second requirement
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