The Unadjusted Trial Balance for Hawkeye Ranges as of December 31 is presented in requirement 1 . The following additional information relates to the required year-end adjustments. a. As of December 31 , employees had earned $1,034 of unpaid and unrecorded salaries. The next payday is January 4 , at which time $1,841 of salaries will be paid. b. Cost of supplies still available at December 31 total is $3,115. c. An interest payment is made every three months. The amount of unrecorded accrued interest at December 31 is $1,225. The next interest payment, at an amount of $1,470, is due on January 15. d. Analysis of Unearned Revenue shows $6,462 remaining unearned at December 31. e. Accrues $10,404 of revenue for services provided. Payment will be collected on January 31 . f. Depreciation expense is $14,688. Required: 1. Complete the six-column table by entering adjustments that reflect the above information. 2. Prepare journal entries for adjustments entered in the six-column table for Requirement 1. 3. Prepare journal entries to reverse the effects of the adjusting entries that involve accruals. 4. Prepare journal entries to record cash payments and cash collections for January. (Assume reversing entries were prepared.) 1 Prepare the journal entry to record the January cash flow, if any. As of December 31 , employees had earned $1,034 of unpaid and unrecorded salaries. The next payday is January 4 , at which time $1,841 of salaries will be paid. 2 Prepare the journal entry to record the January cash flow, if any. Cost of supplies still available at December 31 total $3,115. 3 Prepare the journal entry to record the January cash flow, if any. An interest payment is made every three months. The amount of unrecorded accrued interest at December 31 is $1,225. The next interest payment, at an amount of $1,470, is due on January 15 . s rrepare tne journai encry to recora tne sanuary casn flow, if any. An interest payment is made every three months. The amount of unrecorded accrued interest at December 31 is $1,225. The next interest payment, at an amount of $1,470, is due on January 15 . 4 Prepare the journal entry to record the January cash flow, if any. Analysis of Unearned Revenue shows $6,462 remaining unearned at December 31 . 5 Prepare the journal entry to record the January cash flow, if any. Accrues $10,404 of revenue for services provided. Payment will be collected on January 31 . 6 Prepare the journal entry toming record the January cash flow, if any. Depreciation expense is $14,688. The Unadjusted Trial Balance for Hawkeye Ranges as of December 31 is presented in requirement 1 . The following additional information relates to the required year-end adjustments. a. As of December 31, employees had earned $1,034 of unpaid and unrecorded salaries. The next payday is January 4 , at which time $1,841 of salaries will be paid. b. Cost of supplies still available at December 31 total is $3,115. c. An interest payment is made every three months. The amount of unrecorded accrued interest at December 31 is $1,225. The next Interest payment, at an amount of $1,470, is due on January 15 . d. Analysis of Unearned Revenue shows $6,462 remaining unearned at December 31 , e. Accrues $10,404 of revenue for services provided. Payment will be collected on January 31 . f. Depreciation expense is $14,688. Required: 1. Complete the six-column table by entering adjustments that reflect the above information. 2. Prepare journal entries for adjustments entered in the six-column table for Requirement 1 . 3. Prepare journal entries to reverse the effects of the adjusting entries that involve accruals. 4. Prepare journal entries to record cash payments and cash collections for January. (Assume reversing entries were prepared.) Journal entry worksheet Prepare reversing entry related to unrecorded salaries, if any. Note: Enter debits before credits. Journal entry worksheet Prepare reversing entry related to supplies, if any. Note: Enter debits before credits. Journal entry worksheet Prepare reversing entry related to interest on the note, if any. Note: Enter debits before credits. Prepare reversing entry related to unearned member fees, if any. Note: Enter debits before credits. Journal entry worksheet Prepare reversing entry related to unrecorded fees, if any. Note: Enter debits before credits. Journal entry worksheet Prepare reversing entry related to depreciation, if any. Note: Enter debits before credits
