Solve adjusting journal entries please 1 Depreciated manufacturing equipment used to produce bicycle accessories by $1,200 2 Recorded accrued salaries of $3,000 for employees involved in accessory production 3 Liability insurance was prepaid in full for six months until February 28, paid on the first of September, and is assumed to be used evenly over the policy period 4 Conducted a physical inventory count and adjusted records for a discrepancy of $700 5 GBI must recognize the consistent monthly wages expense based on unchanged salaries for all employees 6 GBI's utility meter showed the same amount of usage as it did for prior month This is the chart of accounts G L Account G L Acct Long Text 100000 Bank Account 110100 Accounts Receivable (Direct Posting Account) 110150 Allowance for Bad Debt 110200 Interest Receivable 200600 Inventory Operating Supplies 200900 Inventory Raw Materials (Direct Post) 200910 Inventory Finished Goods (Direct Post) 200920 Inventory Trading Goods (Direct Post) 200930 Inventory Semi finished Goods (Direct Post) 210000 Prepaid Insurance 211000 Prepaid Supplies 212000 Prepaid Advertising 215000 Prepaid Rent 216000 Deposits 220000 Notes Receivable 220110 Land 220210 Production Machinery, Equipment and Fixtures 220310 Accumulated Depreciation Production mach, Equip 220400 Office Furniture 220500 Accumulated Depreciation Office Furniture 220600 Office Equip and Computers 220700 Accumulated Depreciation Office Equipment 300100 Payables Income Taxes 300200 Accounts Payable (Direct Posting Account) 300700 Payables Salaries and Wages 300800 Accrued Expense 320000 Accrued Tax Output 321000 Accrued Tax Input 322000 Unearned Revenues 329000 Common Stock 329100 Additional Paid in Capital 330010 Retained Earnings (Direct Post) 600000 Sales Revenue 740000 Supplies Expense 740100 Utilities Expense 740200 Legal and Professional Expense 740300 Rent Expense 740400 Insurance Expense 740500 Payroll Expense Office 700000 Labor Expense 741200 Bad Debt Expense 741800 Depreciation Expense 741900 Advertising Expense 742000 Vendor Discounts Missed 742100 Shipping Expense 780000 Cost of Goods Sold

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Solve adjusting journal entries please

1	Depreciated manufacturing equipment used to produce bicycle accessories by $1,200.
2	Recorded accrued salaries of $3,000 for employees involved in accessory production.
3	Liability insurance was prepaid in full for six months until February 28, paid on the first of September, and is assumed to be used evenly over the policy period.
4	Conducted a physical inventory count and adjusted records for a discrepancy of $700.
5	GBI must recognize the consistent monthly wages expense based on unchanged salaries for all employees.
6	GBI's utility meter showed the same amount of usage as it did for prior month.

This is the chart of accounts:

G/L Account	G/L Acct Long Text
100000	Bank Account
110100	Accounts Receivable (Direct Posting Account)
110150	Allowance for Bad Debt
110200	Interest Receivable
200600	Inventory-Operating Supplies
200900	Inventory-Raw Materials (Direct Post)
200910	Inventory-Finished Goods (Direct Post)
200920	Inventory-Trading Goods (Direct Post)
200930	Inventory-Semi-finished Goods (Direct Post)
210000	Prepaid Insurance
211000	Prepaid Supplies
212000	Prepaid Advertising
215000	Prepaid Rent
216000	Deposits
220000	Notes Receivable
220110	Land
220210	Production Machinery, Equipment and Fixtures
220310	Accumulated Depreciation Production mach, Equip.
220400	Office Furniture
220500	Accumulated Depreciation-Office Furniture
220600	Office Equip and Computers
220700	Accumulated Depreciation- Office Equipment
300100	Payables-Income Taxes
300200	Accounts Payable (Direct Posting Account)
300700	Payables-Salaries and Wages
300800	Accrued Expense
320000	Accrued Tax Output
321000	Accrued Tax- Input
322000	Unearned Revenues
329000	Common Stock
329100	Additional Paid-in-Capital
330010	Retained Earnings (Direct Post)
600000	Sales Revenue
740000	Supplies Expense
740100	Utilities Expense
740200	Legal and Professional Expense
740300	Rent Expense
740400	Insurance Expense
740500	Payroll Expense-Office
700000	Labor Expense
741200	Bad Debt Expense
741800	Depreciation Expense
741900	Advertising Expense
742000	Vendor Discounts Missed
742100	Shipping Expense
780000	Cost of Goods Sold