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(Solved): \table[[,,Debit,Credit],[20X1 (Adjustment a)],[Dec.31,Uncollectible accounts expense,2,904.00],[All ...



\table[[,,Debit,Credit],[20X1 (Adjustment a)],[Dec.31,Uncollectible accounts expense,2,904.00],[Allowance for doubtful accounts,,2,904.00],[\table[[To record estimated loss from uncollectible accounts based on 0.4%],[of net credit sales, $726,000]]],[(Adjustment b)],[31,Supplies expense,4,800.00,4,800.00],[,Supplies,],[To record supplies used during the year],[(Adjustment c)],[31,Insurance expense,1,380.00,1,380.00],[,Prepaid insurance,],[\table[[To record expired insurance on 1 -year $5,520 policy purchased on],[Oct. 1]]],[(Adjustment d)],[31,Depreciation. exp.-Store equipment,14,400.00,14,400.00],[,Accum. depreciation-Store equip.,],[To record depreciation],[(Adjustment e)],[31,Salaries expense-office,2,900.00,2,900.00],[,Salaries payable,],[To record accrued salaries for Dec. 29-31],[(Adjustment f)],[31,Payroll taxes expense,221.85,],[,Social security tax payable,,179.80],[,Medicare tax payable,,42.05],[{ Journal entry worksheet 1 2 3 4 Record the first reversing entry required. Note: Enter debits before credits. Journal entry worksheet Record the second reversing entry required. Note: Enter debits before credits. Journal entry worksheet 1 2 3 4 Record the third reversing entry required. Note: Enter debits before credits.Journal entry worksheet 1 2 3 Record the fourth reversing entry required. Note: Enter debits before credits. \table[[To record accrued payroll taxes on accrued salaries: social],[security, 6.2%\times 2,900=$179.80; Medicare, 1.45%\times 2,900=$42.05],[(Adjustment g )]]}],[],[31,Interest expense],[Interest payable,,315.00],[\table[[To record accrued interest on a 4 -month, 6% trade note payable],[dated Oct. 1: $21,000\times 0.06\times 3/12=$315.00]]],[,(Adjustment h),,348.00],[31,Interest receivable,348.00],[Interest income,],[\table[[To record interest earned on 9 -month, 8% note receivable dated July],[1:$8,700\times 0.08\times 6/12=$348.00]],]] Examine the above adjusting entries and determine which ones should be reversed. Show the reversing entries that should be recorded in the general journal as of January

1,20\times 2

. (Record the entries in the order given. Round your answers to

2

decimal places.)



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