sa

this is a separate question but plz help me:

One last one :) plz:

thank you so much for doing all these :)

On March 31, 2021, Vaughn Rental Agency Inc's trial balance included the following selected unadjusted account balances. The company's year end is December 31 and it adjusts its accounts quarterly. Credit Debit $ 13,500 2,900 22,000 Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Deferred revenue Loan payable, due 2023 Rent income Salaries expense $5,300 9,210 20,400 32,300 13,000 An analysis of the accounts shows the following: 3. 1. The equipment, which was purchased on January 1, 2020, is estimated to have a useful life of four years. The company uses straight-line depreciation. 2. One third of the deferred revenue related to rent is still unearned at the end of the quarter. The bank loan payable has an interest rate of 6%. Interest is paid on the first day of each following month and was last paid March 1, 2021 Supplies on hand total $ 800 at March 31. The one-year insurance policy was purchased for $ 13,500 on January 1. Income tax is estimated to be $3,170 for the quarter. 4 5. 6. Prepare the quarterly adjusting entries required at March 31. (Record journal entries in the order presented in the problem. List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit Mar. 31 31 31 31 31 31 The total weekly payroll for Colada Auto Repairs Ltd. is $ 4,350 ($ 870 per day). The payroll is paid every Saturday for employee salaries earned during the same five-day workweek (Monday through Friday, inclusive). Salaries were last paid on Saturday, September 25. This year the company's year end, September 30, falls on a Thursday. Salaries will be paid next on Saturday, October 2. Your answer is partially correct. Prepare the journal entry for the adjustment to accrue salaries at September 30. (List all debit entries before credit entries. Credit account titles are automatically intended when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Date Account Titles and Explanation Debit Credit Sep. 30 Salaries Expense 2610 Salaries Payable 2610 Sheridan Corporation had the following selected transactions in the month of March. The company adjusts its accounts monthly. 3. 1. The company has a 6%, $9,000 bank loan payable due in one year. Interest is payable on the first day of each following month and was last paid on March 1. 2. At the end of March, the company earned $270 interest on its investments. The bank deposited this amount in Sheridan's cash account on April 1. Sheridan has five employees who each earn $200 a day. Salaries are normally paid on Mondays for work completed Monday through Friday of the previous week. Salaries were last paid on Monday, March 29. March 31 falls on a Wednesday this year. Salaries will be paid next on Monday, April 5. At the end of March, the company owed the utility company $590 and the telephone company $220 for services received during the month. These bills were paid on April 10. (Hint: Use the Utilities Expense account for the utility and telephone services.) At the end of March, Sheridan has earned service revenue of $2,830 that it has not yet billed. It bills its clients for this amount on April 4. On April 30, it collects $2,050 of this amount due. 4. 5. (a) For each of the above situations, prepare the adjusting journal entry required at March 31. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round all amounts to the nearest dollar. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit No. Date Account Titles and Explanation Mar. 31 1. 2. Mar. 31 3. Mar. 31 Mar. 4 . 31 5. Mar. 31