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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Eunice Hospital’s pre adjusted trial balance at December 31, 20X1, included the following accounts, among others:

The following additional information is available:
1. A three-year insurance premium was prepaid on January 1, 20X1.
2. One year’s rent was paid in advance on June 1, 20X1.
3. On December 1, 20X1, an $80,000, 12 percent, six-month loan was obtained from a local bank; interest was prepaid.
4. Unpaid salaries and wages at December 31, 20X1, amounted to $27,400.
5. On April 1, 20X1, $100,000 of 6 percent, 15-year bonds were issued at face value. Interest on these bonds is payable annually on April 1, beginning April 1, 20X2.
Required: Prepare, in general journal form, the necessary adjusting entries at December 31, 20X1.
Hel-----------lo -----------Sir-----------/Ma-----------dam----------- Â----------- Th-----------ank----------- Yo-----------u f-----------or -----------usi-----------ng -----------our----------- we-----------bsi-----------te -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n. -----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill-----------