Q1- Selected amounts from Trent Company's trial balance of 31/12/2019 appear below:     1

Q1- Selected amounts from Trent Company's trial balance of 31/12/2019 appear below:

    1.   Accounts Payable                                     € 190,000

    2. Accounts Receivable                                       150,000

    3. Accumulated Depreciation—Equipment        200,000

    4. Allowance for Doubtful Accounts                    20,000

    5. Bonds Payable                                                 500,000

    6. Cash                                                                 150,000

    7. Equipment                                                       840,000

   8. Insurance Expense                                              30,000

    9. Interest Expense                                               10,000

10. Inventory                                                         300,000

11. Notes Payable (due 6/1/16)                             200,000

12. Prepaid Rent                                                   180,000

13. Retained Earnings                                           818,000

14. Salaries and Wages Expense                            328,000

15. Share Capital–Ordinary                                     60,000
(All of the above accounts have their standard or normal debit or credit balance.)
Prepare adjusting journal entries at year end, December 31, 2019, based on the following supplemental information.
a.   The equipment has a useful life of 20 years with no salvage value. (Straight-line method being used.)
b.   Interest accrued on the bonds payable is €15,000 as of 31/12/2019.
c.   Expired insurance at 31/12/2019 is €12,000.
d.   The rent payment of €180,000 covered the six months from November 30,          2019 through May 31, 2020.
e.   Salaries and wages incurred but unpaid at 31/12/2019, €22,000.