Su

$1$

$01$:$28$:$46$

At the end of the year, the academy calculated that it owed $$5,400$ in income taxes. Those taxes won't be paid until next April $15.$

$2$ Salaries earned $($but not paid$)$ from December $16$ through December $31,2024,$ are $$2,400.$

On March $1,2024,$ the company lends an employee $$12,000.$ The employee signs a note requiring principal and interest at $8\%$ to be paid on February $28,2025.$

On April $1,2024,$ the company pays an insurance company $$11,280$ for a two$-$year fire insurance policy. The entire $$11,280$ is debitec to Prepaid Insurance at the time of the purchase.

The company uses $$900$ of supplies in $2024.$

A customer pays the company $$2,220$ on October $31,2024,$ for three months of personal training to begin November $1,2024.$ The company credits Deferred Revenue at the time of cash receipt.

On December $1,2024,$ the company pays $$3,600$ rent to the owner of the building. The payment represents rent for December $2024$ through February $2025,$ at $$1,200$ per month. Prepaid Rent is debited at the time of the payment.

Required:

Record the necessary adjusting entries at December $31,2024.$ No prior adjustments have been made during $2024.($Do not round intermediate calculations. If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$[$:$[1,2,3,4,6,7]\}$

the end of the year, the academy calculated that it owed $$5,400$ in income

tes. Those taxes won't be paid until next April $15.$ Record the adjusting

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$December $31,,,],[,,,]]$ppose that in a memory experiment the rate of memorizing is given by $M^{\text{'}}(t)=-0\mathrm{.}004t^2+0\mathrm{.}7t,$

where $M^{\text{'}}(t)$ is the memory rate, in words per minute. How many words are memorized in the first $15$

minutes?

words