Score: 0 of 1 pt 8 of 8 (0 complete) P5-41B (similar to) Thomas Electronics Company uses a perpetual inventory system. The unadjusted trial balance for Thomas Electronics Company at March 31, 2016, follows: Click the icon to view the unadjusted trial balance.) Read the requirements - X i Data Table Requirement 1. Journalize the adjusting entries using the following data: (Record debits first, then credits. Select the ex a. Interest revenue accrued, $300. Date Accounts and Explanation Debit Credit Thomas Electronics Company Unadjusted Trial Balance March 31, 2016 Mar. 31 Adj. (a) Balance Account Title Credit Debit 4,400 Cash $ 38.700 0 45.200 - X 5.700 Requirements 130.000 $ 37.900 16.800 a. 0 0 Accounts Receivable Interest Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Interest Payable Uneamed Revenue Notes Payable, long-term Thomas, Capital Thomas, Withdrawals Sales Revenue Sales Returns and Allowances Sales Discounts Interest Revenue Cost of Goods Sold 13.900 43.000 1. Journalize the adjusting entries using the following data: Interest revenue accrued. $300. b. Salaries (Selling) accrued, $3,300. c. Depreciation expense-Equipment Administrative). $1,300. d. Interest expense accrued. $1,000. e. A physical count of inventory was completed. The ending Merchandise Inventory should have a balance of $44.800. 2. Prepare Thomas Electronics's adjusted trial balance as of March 31, 2016. 3. Prepare Thomas Electronics's multi-step income statement for year ended March 31, 2016 4. Prepare Thomas Electronics's statement of owner's equity for year ended March 31, 2016. Assume Thomas made no additional contributions during the year. 5. Prepare Thomas Electronics's classified balance sheet in report form as of March 31, 2016. 74,900 23.000 300.000 9.000 6,000 0 165.000 Print Done 27.000 15.700 5,800 Salaries Expense (Selling) Rent Expense (Selling) Salaries Expense (Administrative) Utilities Expense (Administrative) Depreciation Expense-Equipment (Administrative) Interest Expense 11,000 0 0 $ 486,500 $ 486,500 Total Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 9 parts remaining Clear All