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please help me. thank you. The Salem Bread Company produces and sells various bakery products to restaurants. The company's fiscal year-end is December 31. The

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please help me. thank you.

The Salem Bread Company produces and sells various bakery products to restaurants. The company's fiscal year-end is December 31. The unadjusted trial balance as of December 31, 20X1, appears below. Account Title Debits Credits Cash 32.000 85,000 2,300 80,000 225,000 Accounts receivable Supplies Inventory Equipment Accumulated depreciation - equipment.. Accounts payable Wages payable Note payable Interest payable 77.000 38,000 5,000 TERE 50,000 - 0 - Deferred revenue 3.000 100.000 Common stock Retained earnings 127,300 Sales revenue 256.000 Cost of goods sold 145,000 Wage expense 62,000 on completion Status: Retained earnings 127.300 Sales revenue 256.000 145,000 62.000 Cost of goods sold Wage expense Rent expense Depreciation expense 14.000 -0- Interest expense - 0 3.000 Supplies expense Miscellaneous expense Totals _8.000 656,300 656,300 Information necessary to prepare the year-end adjusting entries appears below. 1. The equipment originally cost 220,000 and an estimated useful life of 10 years. 2. As of the end of the month, employees have earned a total of $7,000 of unpaid wages. 3. On April 1, 20X1, Salem borrowed $50,000 from a local bank and signed a note. The note requires interest to be paid annually on March 31 at 8%. The principal is due in 5 years. 4. $1,000 of supplies remained on hand at December 31, 20X1. 5. In November, a customer paid Salem $3,000 for an order that was delivered in December. The cash received was credited to Deferred Revenue. No other customer advances were received during the year. 6. On December 1, 20X1, S4,000 rent was paid. The payment represented rent for December 20X1 through March 20X2, at $1,000 per month. Required: Prepare the necessary adjusting journal entries December 31, 20X1

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