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please do all parts TB Problem 4-228 (Algo) Garvey Company's unadjusted trial balance includes... Garvey Company's unadjusted trial balance includes the following account balances as
please do all parts
TB Problem 4-228 (Algo) Garvey Company's unadjusted trial balance includes... Garvey Company's unadjusted trial balance includes the following account balances as of December 31,2022 : The following data are avaitable to determine adjusting entries: A) Insurance purchased at the beginning of July fot $8.900 provided coverage for twelve monthis (July 2022 through June 2023 ). The insurance coverage for July through December totaling $4.450 has now been used B) The company estimates $8,350 in depreciation each year. A) Insurance purchased at the beginning of July for $8,900 provided coverage for twetve months (July 2022 through June 2023 ). The insurance coverage for July through December totaling $4,450 has now been used. B) The company estimates $8,350 in depreciation each year. C) A count showed $87,700 of supplies on hand at the end of the yeat. D) An additional $300 of interest has been eamed but has not yet been uncollected on the outstanding notes recelvable. E) Services in the amount of $5,800 were performed for customers who had previousty paid in advance. F) Services in the amount of $2.400 were performed, these services have not yet been billed or recorded. Required: o. Prepare the adjusting entries that are required at the end of the period. b. Prepare an adjusted trial balance by completing the related columns in the table below. Complete this question by entering your answers in the tabs below. Prepare the adjusting entries that are required at the end of the period. (If no entry is required for a trancaction/event, select "No lournal Entry Requiled" in the first account field.) Prepare the adjusting entries that are required at the end of the period. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the adjusting entry for insurance expense expired during the period. Note: Enter debits before credits Step by Step Solution
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