1. Company is open 7 days a week and has a daily payroll of $1750. employees are paid every friday, december 31 is a tuesday. 30% of payroll is for HR
employees and 70% for IT employees

(unadjusted trial balance for company is as of 12/31/2012, financial statement is prepared annually) what is the correct adjusting entry ?

2. Company rented idle office space to BB on june 1, 2012 rate of $1250 per month on this date company credited unearned rent revenue for one year of rent
recieved in advance

(unadjusted trial balance for company is as of 12/31/2012, financial statement is prepared annually) what is the correct adjusting entry ?

3. depreciation office eq, double-declining method, assets purchased june 1, residual vale = $5000 service life of 4 yr

(unadjusted trial balance for company is as of 12/31/2012, financial statement is prepared annually) what is the correct adjusting entry ?

4. Oct 1, 2012 company issued 5 month note recievable to inc at annual interest rate of 9% principle and interest will be paid at end of 5 months note was
recorded in notes recievable and is the only note outstanding

(unadjusted trial balance for company is as of 12/31/2012, financial statement is prepared annually) what is the correct adjusting entry ?