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Huang Company's reporting year-end is December 31. Below are the unadjusted and adjusted trial balances for
December 31, 2024.
Unadjusted
Adjusted
10
points
Account Title
Debits Credits
Debits Credits
Cash
$ 56,000
$ 56,000
Accounts receivable
41,000
41,000
Prepaid rent
2,150
1,200
Supplies
1,650
800
Inventory
66,000
66,000
Notes receivable
36,000
36,000
Interest receivable
0
1,800
Office equipment
51,000
51,000
$
$
Accumulated depreciation
14,400
21,500
Accounts payable
40,000
40,000
Salaries payable
0
6,800
Notes payable
56,000
56,000
Interest payable
0
3,100
Deferred rent revenue
3,200
0
Common stock
52,000
52,000
Retained earnings
39,200
39,200
Sales revenue
238,000
238,000
Rent revenue
16,000
19,200
Interest revenue
0
1,800
Cost of goods sold
132,000
132,000
Salaries and wages expense
50,400
57,200
Rent expense
11,450
12,400
Depreciation expense
0
7,100
Supplies expense
1,550
2,400
Interest expense
6,000
9,100
Advertising expense
3,600
3,600
$
$
$
$
Totals
458,800 458,800 477,600 477,600
Required:
Prepare the adjusting journal entries that were recorded on December 31, 2024.
Note: If no entry is required for a particular event, select "No journal entry required" in the first account field.
? Answer is not complete.
No Transaction
General Journal
Debit Credit
1
1
Rent expense
Prepaid rent
2
2
Supplies expense
Supplies
3
3
Interest receivable
Interest revenue
4
4
Depreciation expense
Accumulated depreciation
5
5
Salaries expense
Salaries payable
