9 16 F G H K 1 1/1/2019 The Supplies account is $140.00 2 3 1/3/2019 A loan is taken out for $22,000 at 7.2% for 48 months to purchase a truck that weighs 7,800 lbs 4 Use the new tax laws for depreciation on vehicles and use the maximum 5 amount of depreciation allowed for the first year 6 7 1/4/2019 A six-month vehicle insurance policy for $341.10 is purchased using the company credit card 8 1/7/2019 Supplies are purchased for $254.87 using the company credit card 10 11 1/15/2019 Supplies are purchased for $381. 10 using the company credit card 12 + 13 1/21/2019 The loan payment is paid using the company credit card 14 15 1/31/2019 The Supplies account is $301.00, credit card interest is figured on the end of the month balance at an annual interest rate of 9.99% 17 2/5/2019 A computer server is purchased for $3,654 22 using the company credit card Use 150% MACRS 20 21 2/12/2019 A 36-month liability insurance policy for $1.476 36 is purchased 30% of the total amount 22 is paid now using the company credit card 23 24 2/14/2019 $4.000.00 is paid towards the amount owed on the company credit card 25 26 2/21/2019 Supplies are purchased for $111.14 using the company credit card 27 28 2/24/2019 The loan payment is paid using the company credit card 29 30 2/28/2019 The Supplies account is $72.00 31 32 Based on the above transactions create only the necessary adjusting entries for 1/31/2019 and 2/28/2019 33 (check figure total of the debits for 1/31/2019 adjusting entries = 7.00490) #1 #3 18 19 #2