On December 31, 2014,the end of the current year, the following data was accumulated to assist the accountant in preparing the necessary adjusting…

On December 31, 2014,the end of the current year, the following data was accumulated to assist the accountant in preparing the necessary adjusting entries.

REQUIRED:

Using the data given, journalize the adjusting entries required at December 31, 2014 on the paper provided. Show all calculations used in preparing the adjusting entries.