The Cheesecake Factory incorporated (NASDAQ CAKE) is publicly hold and generally accepted accounting prope (GMAP) to prepares traitement is fyred in the 2-3 krotending on the Tuesday closest to December 2019, secal year end was December 31, 2019. you and Chest Factory every resorts et les income and expenses are recorded property and the correctime period. Here is a part of some account atque adjusting envies Click the down) (cik te cone the reader Womaton) Diction to the Carinomain chote konto w swym Wam Payne tomation At The Chontact Fockers cal yer and, in asing entry for ople would on can OB Pero Occati O Sople More Info Prepaid Expenses: This current asset could include the cost of supplies used at the restaurants, including napkins, straws, tablecloths, dishes, flatware, and a variety of other items needed to stock its restaurants. The balance of these prepaid expense items at January 1, 2019, was $13,378. A physical count of the prepaid expense items performed on December 31, 2019, revealed that $12,580 of prepaid expense items remained on hand. Assume that purchases of napkins, straws, tablecloths, dishes, flatware, and other items during 2019 totaled $63,500. Print Done .... More Info Prepaid Rent: The Cheesecake Factory rents many of its assets. Some of its leases require payment of the lease in advance. At January 1, 2019, Cheesecake Factory's prepaid lease balance was $5,236. Assume that it paid a total of $47,700 in prepaid leases throughout 2019. An analysis of the prepaid lease agreements at the end of 2019 reveals that Cheesecake Factory had $16,072 in prepaid rent as of December 31, 2019. Print Done More Info Gift Cards: The Cheesecake Factory sells gift cards to customers. As of January 1, 2019, it had $153,629 in outstanding, unredeemed gift cards. Assume that during 2019, it sold $379,000 in gift cards. (When Cheesecake Factory sells a gift card, it increases (debit) Cash and increases (credit) Gift Cards, a current liability.) As of December 31, 2019, Cheesecake Factory had $123,619 in unredeemed gift cards. Print Done More Info Salaries and Wages Payable: The balance of Salaries and Wages Payable at January 1, 2019, was $31,570; this balance represented salaries and wages earned by Cheesecake Factory employees in 2018 that were then paid in January 2019. When Cheesecake Factory paid the $31,570 in January 2019, it reduced (debited) Salaries and Wages Payable and reduced (credited) Cash. As of December 31, 2019, Cheesecake Factory employees had earned salaries and wages of $39,401 that would be paid in early January 2020. Print Done