Prepare journal entries for the transactions listed above and adjusting entries.

Comprehensive Accounting Cycle Review 9-1 (Part Level Submission) Indigo Corporation's unadjusted trial balance at December 1, 2017, is presented below Debit Credit $26,300 35,000 9,000 Accounts Receivable Notes Receivable Interest Receivable Inventory Prepaid Insurance Land Buildings Equipment Patent Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Notes Payable (due April 30, 2018) Income Taxes Payable Interest Payable Notes Payable (due in 2023) Common Stock Retained Earnings Dividends Sales Revenue Interest Revenue Gain on Disposal of Plant Assets Bad Debt Expense Cost of Goods Sold Depreciation Expense 36,270 3,900 20,700 156,600 61,000 9,720 $600 52,200 24,400 27,000 11,700 35,200 53,400 48,590 12,500 925,500 637,500 0 Comprehensive Accounting Cycle Review 9-1 (Part Level Submission) Indigo Corporation's unadjusted trial balance at December 1, 2017, is presented below Debit Credit $26,300 35,000 9,000 Accounts Receivable Notes Receivable Interest Receivable Inventory Prepaid Insurance Land Buildings Equipment Patent Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Notes Payable (due April 30, 2018) Income Taxes Payable Interest Payable Notes Payable (due in 2023) Common Stock Retained Earnings Dividends Sales Revenue Interest Revenue Gain on Disposal of Plant Assets Bad Debt Expense Cost of Goods Sold Depreciation Expense 36,270 3,900 20,700 156,600 61,000 9,720 $600 52,200 24,400 27,000 11,700 35,200 53,400 48,590 12,500 925,500 637,500 0