You are provided with the unadjusted trail balance, and but need to make the following adjusting entries. 1. An audit of inventory shows that $3,000 of office supplies were used. 2. Chalky Co had purchased office furniture. The office furniture was purchased for $36,000. Chalky Co. expects the furniture to last 6 years and value $0 at the end of its useful You notice that monthly depreciation expense for 2020 has not been recorded. They will need to book 9 months of depreciation expense in September. 3. An insurance policy was purchased for $4,000. The policy term was for April 2020-March 2021. 6 months of expense needs to be booked. 4. Star Company paid $18,000 for chalkboard installations last month. The service was completed in September 5. Chalky Co. provided installation service to Red Barn Inc for $36,000 Chalky Co. issued an invoice to Red Barn Inc on September 21st with payment terms 5/10 net 30 6. Pretty Office Cleaning, a cleaning service, provided services to Chalky Co. during September An invoice was received for the amount of $8,000 due in 30 days 7. Chalky Co conducted a physical count of their inventory and realized there was a shrinkage. The value of current inventory was $18,000. 8. Based on previous experience, Chalky Co estimates that 2% of its accounts receivable balance will go uncollected. Chalky Co. aquired BD Company, smaller company, in 2019 for $150,000. At the time of acquisition, BD Company had net assets of 5100.000. The current value of BD Company is $125,000 X Pegar Portapapeles Calibri NKS Fuente 10 AA > - A x fx Ajustar texto |=== = =Combinar y centrar Alineacin Genera $ - A B C D E 1 2 NJA U O 4 5 6 7 Cash 8 Inventory 9 Accounts Receivable 10 Office Supplies 11 Prepaid Insurance 12 Office Furniture 13 Land 14 Goodwill 15 Accounts Payable 16 Unearned Revenue 17 Common Stock 18 Dividends 19 Sales or Service Revenue 20 Cost of Goods Sold 21 Salaries Expenses 22 Rent Expense 23 Utilities Expense 24 Total 25 26 228 27 F G H Chalky Co. Unadjusted Trial Balance September 30, 2020 Account Title Balance Debit Credit S $ . $ 45,000 $ 23,000 $ 2,300 7,000 4,000 36,000 25,000 S 50,000 S $ 1 W M 13,600 56,000 110,000 $ 3,500 S 28,400 U uu u n $ 7,600 S 700 S 2,500 S $ 1.400 208,000 $ 208,000 Comprehensive #4 Unadjusted Trial Balance Journal Entries General Ledger LISTO Escribe aqu para buscar D