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table [ [ , , Debit,Credit ] , [ 2 0 X 1 ( Adjustment a ) ] , [ Dec . 3 1
tableDebit,CreditXAdjustment aDecUncollectible accounts expense,Allowance for doubtful accounts,,tableTo record estimated loss from uncollectible accounts based on of net credit sales, $Adjustment bSupplies expense,Supplies,To record supplies used during the yearAdjustment cInsurance expense,Prepaid insurance,tableTo record expired insurance on year $ policy purchased onOctAdjustment dDepreciation. exp.Store equipment,Accum. depreciationStore equip.,To record depreciationAdjustment eSalaries expenseoffice,Salaries payable,To record accrued salaries for Dec. Adjustment fPayroll taxes expense,Social security tax payable,,Medicare tax payable,, Journal entry worksheet Record the first reversing entry required. Note: Enter debits before credits. Journal entry worksheet Record the second reversing entry required. Note: Enter debits before credits. Journal entry worksheet Record the third reversing entry required. Note: Enter debits before credits.Journal entry worksheet Record the fourth reversing entry required. Note: Enter debits before credits. tableTo record accrued payroll taxes on accrued salaries: socialsecuritytimes $; Medicare, times $Adjustment g Interest expenseInterest payable,,tableTo record accrued interest on a month, trade note payabledated Oct. : $times times $Adjustment hInterest receivable,Interest income,tableTo record interest earned on month, note receivable dated July:$times times $ Examine the above adjusting entries and determine which ones should be reversed. Show the reversing entries that should be recorded in the general journal as of January Record the entries in the order given. Round your answers to decimal places.
tableDebit,CreditXAdjustment aDecUncollectible accounts expense,Allowance for doubtful accounts,,tableTo record estimated loss from uncollectible accounts based on of net credit sales, $Adjustment bSupplies expense,Supplies,To record supplies used during the yearAdjustment cInsurance expense,Prepaid insurance,tableTo record expired insurance on year $ policy purchased onOctAdjustment dDepreciation. exp.Store equipment,Accum. depreciationStore equip.,To record depreciationAdjustment eSalaries expenseoffice,Salaries payable,To record accrued salaries for Dec. Adjustment fPayroll taxes expense,Social security tax payable,,Medicare tax payable,, Journal entry worksheet
Record the first reversing entry required.
Note: Enter debits before credits. Journal entry worksheet
Record the second reversing entry required.
Note: Enter debits before credits. Journal entry worksheet
Record the third reversing entry required.
Note: Enter debits before credits.Journal entry worksheet
Record the fourth reversing entry required.
Note: Enter debits before credits.
tableTo record accrued payroll taxes on accrued salaries: socialsecuritytimes $; Medicare, times $Adjustment g Interest expenseInterest payable,,tableTo record accrued interest on a month, trade note payabledated Oct. : $times times $Adjustment hInterest receivable,Interest income,tableTo record interest earned on month, note receivable dated July:$times times $
Examine the above adjusting entries and determine which ones should be reversed. Show the reversing entries that should be recorded in the general journal as of January Record the entries in the order given. Round your answers to decimal places.
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