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w.com//takeAssignment/takeAssignmentMain.do?invoker assignment-take&inprogress-false Video Caloulater On December 31, the end of the accountant jotted down a few notes pertaining to the adjustments year the accountant for
w.com//takeAssignment/takeAssignmentMain.do?invoker assignment-take&inprogress-false Video Caloulater On December 31, the end of the accountant jotted down a few notes pertaining to the adjustments year the accountant for Fireside Magazine was called away suddenly because of an emergency. However, before leaving, the Journalize the necessary adjusting entries. Assume that Fireside Magacine uses the periodic inventory system. A physical count of inventory revealed a balance of $212,821. The Merchandise Inventory account shows a balance of $215,513. Subscriptions received in advance Subscriptions. At year-end, $97,347 has been earned. a-b. c. amounting to $163,240 were recorded as Unearned d. Depreciation of equipment for the year is $13,488 e. The amount of expired insurance for the year is $1,574 t. The balance of Prepaid Rent is $2,184, representing four months rent. Three months rent has expired g. Three days salaries will be unpaid at the end of the year; total weekly (five days) salaries are $4,140 h As of December 31, the balance of the supplies account is $1,882 A physical inventory of the supples was taken, with an amount of $1.004 determined to be on hand GENERA OURNAL PAGE
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