X y AccessUH Connect x + heducation.com/ext/map/indexhtml?_con=con&external_browser=0&launchUrl=https%253A%252F%252Felearning unedu%252Fwebapps% Administrao Fina DocuWare P1 https://login.pingo Air Travel Complain Refunds US Depar es Problem - Manual Posting - 5e 0 Seved Dec. 12 The company purchases racing supplies for $2,200 on account due in 30 days. Supplies include trophies for the top-finishing teams in each category, promotional shirts, snack foods and drinks for participants, and field markers to prepare the racecourse. Dec. 15 The company receives $26,400 cash from a total of forty teams, and the race is held. Dec. 16 The company pays Victor's salary of $2,400. Dec. 31 The company pays a dividend of $4,300 (52,150 to Tony and $2,150 to Surie). Dec. 31 Using his personal money, Tony purchases a diamond ring for $3,600. Tony surprises Suzie by proposing that they get married. Suzie accepts and they get married! The following information relates to year-end adjusting entries as of December 31, 2021 a. Depreciation of the mountain bikes purchased on July 8 and kayaks purchased on August 4 totals $7.200 b. Six months' of the one year insurance policy purchased on July 1 has expired. c. Four months of the one-year rental agreement purchased on September 1 has expired. d. Of the $1,500 of office supplies purchased on July 4, $250 remains e. Interest expense on the $42,000 loan obtained from the city council on August 1 should be recorded. f. Of the $2.200 of racing supplies purchased on December 12, 5280 remains. g. Suzie calculates that the company owes $14,700 in income taxes Great Adventures Problem AP3-1 Part 2 2. Record adjusting entries as of December 31, 2021 (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet