114 115 116 117 118 119 120 121 122 2 123 124 125 126 127 128 131 35 129 133 34 130 132 # 35 36 37 38 39 40 41 Date 2/28/2023 2/16/2023 2/28/2023 2/28/2023 T-4 2/28/2023 T-2 2/28/2023 T-4 2/28/2023 T-7 T-17 en account posts on one single line for each Debit or Credit entered Account Name $ Debit Entry Transaction Reference $ Credit Entry The company developed a patent for a new product they are developing. They incurred $5,000 in research and development costs; $2,000 patent filing fees and $1.800 in attorney fees for drawing up the patent documentation. Record the patent Received a $1,200 bill for utilities consumed in February that will be paid in March. Record the adjusting entry. Company employees earn $9,000 in salaries in the second half of February to be paid in March. Record the adjusting entry. Record one month of depreciation on the building. 330,000-60,000-270,000 270,000/300 mo= $900 One month of pre-paid rent expired in February 9,000/12-$750 Accrue one month of interest expense on the note related to the building loan for the month of February 300,000.06 = 18,000 18,000/12=$1,500 Performed the service for the remaining $25,000 balance of the Unearned (Deferred) Revenue Pre-Paid for on the 1/18/2023. Record the adjusting entry.

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