Record all appropriate adjusting entries using the General Journal format provided below.

Credit 208,000 9,500 Bosman Computer Supplies Trial Balance December 31, 2020 Debit Cash $ 16,250 Accounts receivable 27,900 Prepaid insurance 840 Supplies 1,940 Land 150,000 Building 691,200 Accumulated depreciation - building, Equipment 36,000 Accumulated depreciation - equipment Patents 30,000 Accounts payable Unearned revenue Salaries Payable Interest Payable Mortgage payable J. Bosman, capital J. Bosman, drawings 45,000 Service revenue Depreciation Expense 18,590 Insurance Expense 5,500 Interest Expense 24,750 Salaries Expense 154,000 Supplies Expense 7,600 Utilities Expense 16,000 20,565 4,400 5,400 540,000 198,255 239,450 $ 1,225,570 $ 1,225,570 42 Additional information: 43 1) The mortgage payable has a 5% interest rate. Interest is paid on the first day of August for the previous 12 month's interest. 44 2) On December 31, 2020, half of the unearned revenue was still unearned. 45 3) A physical count of supplies shows $790 on hand on December 31, 2020. 46 4) The building has an estimated useful life of 40 years. 47 5) The equipment has an estimated useful life of twelve years. 48 6) Service revenue earned but not recorded at December 31, 2020, was $8,700. 49 7) Salaries of $4,400 have been incurred but are unpaid at December 31, 2020. Payday will be on January 4, 2021. 50 8) During the next fiscal year, $18,400 of the mortgage payable is to be repaid. 51 9) The 12-month insurance policy was purchased for $5,040 cash on February 1, 2020. 52