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please help with all parts! The following data are available to determine adjusting entries: A) Insurance purchased at the beginning of July for $9,050 provided
please help with all parts!
The following data are available to determine adjusting entries: A) Insurance purchased at the beginning of July for $9,050 provided coverage for twelve months (July 2018 through June 2019). The insurance coverage for July through December totaling $4,525 has now been used. B) The company estimates $8,500 in depreciation each year. C) A count showed $89,200 of supplies on hand at the end of the year. D) An additional $330 of interest has been earned but has not yet been uncollected on the outstanding notes receivable. E) Services in the amount of $5,950 were performed for customers who had previously paid in advance. F) Services in the amount of $2,700 were performed; these services have not yet been billed or recorded. Required: a. 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 transaction/ Journal Entry Required" in the first account field.) Journal entry worksheet 6 Record the adjusting entry for insurance expense expired during the period. Note: Enter debits before credits. Prepare the adjusting entries that are required at the end of the period. (If no entry is required for a transactio Journal Entry Required" in the first account field.) Journal entry worksheet 6 Record the adjusting entry for depreciation expense for the period. Note: Enter debits before credits. Journal entry worksheet Record the adjusting entry for supplies used during the period. Note: Enter debits before credits. Journal entry worksheet Record the adjusting entry for interest earned and receivable on the outstanding notes receivable for the period. Note: Enter debits before credits. Journal entry worksheet Record the adjusting entry for services performed, for which customers had previously paid in advance. Note: Enter debits before credits. Prepare the adjusting entries that are required at the end of the period. (If no entry is required for a trans Journal Entry Required" in the first account field.) Journal entry worksheet Step by Step Solution
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