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X X 1 K L M N O P Q R S T Use the following data to calculate adjustments and prepare the adjusting entries

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X X 1 K L M N O P Q R S T Use the following data to calculate adjustments and prepare the adjusting entries as of December 31, 2018: Atlantic Corporation Unadjusted Trial Balance December 31, 2018 1. Business Vehicle has a residual value of $1.000 and useful le of 15 years depreciation for one month, 14 pts) Account The Debit Credit Debit Credit 2. Accrued salaries are $750 2 Account Title aining are $500 (4 pts Accounts Receivable Office Supplies 8 Prepaid Runt Business Vide 10 Ac a d Depreciation-Bus Vehicle 11 Accounts Payable 12 Salaries Payable 13 Interest Payable 14 Uneamed over 15 Noins Payable 10 Macks, Capital 17 Macks, Withdrawals 1 Service Revenue 11 Balaries Expense 20 Ofice Supplies Expense 21 Depreciation 2 Rent Exe 2 500 Record the interest accrued on the loan for one months interest rate 5% (4 pts) Title Debit Credit ths in advance one month expired. 4 pts Dabcre

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