plumpton rentals company faced the following situations. view the situations. requirement 1. journalize the…

plumpton rentals company faced the following situations. view the situations. requirement 1. journalize the adjusting entry needed at december 31, 2023, for each situation. consider each fact separately. (record explanations from any journal entries.) d. salary expense 25,200 salary payable 25,200 e. the unadjusted balance of the supplies account is $3,200. the total cost of supplies on hand is $1,000. supplies expense 2,200 supplies 2,200 f. equipment was purchased on january 1 of this year at a cost of $160,000. the equipments useful life is five years. there is no for this year and then determine the equipments book value. depreciation expense—equipment 32,000 accumulated depreciation—equipment 32,000 determine the equipments book value. equipment book value =

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