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Required information [The following information applies to the questions displayed below) Quinlan-Cohen, Inc. publishers of movie and song trivia books, made the following errors in
Required information [The following information applies to the questions displayed below) Quinlan-Cohen, Inc. publishers of movie and song trivia books, made the following errors in adjusting the accounts at year-end (December 31) a Did not accrue $1,600 owed to the company by another company renting part of the building as a storage facility b. Did not record $15,100 depreciation on the equipment costing $117.000 c Failed to adjust the Unearned Fee Revenue account to reflect that $1,100 was earned by the end of the year d. Recorded a full year of accrued interest expense on a $13,200, 12 percent note payable that has been outstanding only since November 1. e. Failed to adjust Prepaid Insurance to reflect that $670 of insurance coverage had been used. Required: 1-a. Prepare the adjusting journal entry that was made, if any at year-end. (If no entry is made for a transaction/event, select "No journal entry made in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 Did not accrue $1,600 owed to the company by another company renting part of the building as a storage facility. Note: Enter debits before credits. Transaction General Journal Debit Credit 8 Record entry Clear entry View general journal
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