Designer Architects had the following additional information at its November 30, 2023, year-end: The Unearned Revenue account showed a balance of $63,000, which represented four months of services paid in advance by a client for services beginning on October 15, 2023.The payroll register showed the following unpaid amounts as at November 30: EI*Premium IncomeTaxes* CPP* TotalDeductions NetPayable OfficeSalaries SalesSalaries90.41** 1,300.00 193.98** 1,584.39 2,915.61 2,600.00 1,900.00*These values are based on assumed payroll deductions.**The employer's portions of EI and CPP are 1.4 times and 1 times the employees' portion, respectively. The November utility bill in the amount of $2,260 was unpaid and unrecorded at November 30.Required:Prepare the appropriate entries at year-end based on the above information: (Round the final answers to 2 decimal places.)

The first step is to identify the accounts that need to be adjusted at the year-end. From the information given, we can see that there are three accounts that need to be adjusted: Unearned Revenue, Salaries Payable, and Utilities Expense.

1. Unearned Revenue: This account represents the amount that has been received in advance for services that are yet to be provided. As of November 30, 2023, the company has provided 1.5 months of service (from October 15 to November 30). Therefore, we need to reduce the Unearned Revenue account by the amount of revenue earned during this period and increase the Revenue account by the same amount.

   Calculation: $63,000 / 4 months * 1.5 months =$23,625

   Journal Entry: Debit: Unearned Revenue $23,625 Credit: Revenue$23,625

2. Salaries Payable: This account represents the amount of salaries that are owed but have not yet been paid. The total net payable amount is $2,915.61, which needs to be recorded as a liability.

   Journal Entry: Debit: Salaries Expense $2,915.61 Credit: Salaries Payable$2,915.61

3. Utilities Expense: This account represents the cost of utilities used during the period. The unpaid utility bill of $2,260 needs to be recorded as an expense and a liability.

   Journal Entry: Debit: Utilities Expense $2,260 Credit: Accounts Payable$2,260

Please note that the employer's portions of EI and CPP are not included in the journal entries as they are not part of the unpaid amounts. They are costs to the employer and are recorded when paid.

To prepare the appropriate entries at year-end based on the information provided, we need to account for the unearned revenue, unpaid payroll amounts, and the unpaid utility bill. Here's how to do it:

1. Unearned Revenue: The unearned revenue of $63,000 represents four months of services paid in advance. Since the services began on October 15, 2023, and the year-end is November 30, 2023, 1.5 months of service have been provided. The monthly revenue is$63,000 / 4 = $15,750. Therefore, the revenue earned in 1.5 months is$15,750 * 1.5 = $23,625. The remaining unearned revenue is$63,000 - $23,625 =$39,375.

Journal Entry: Debit Unearned Revenue: $23,625 Credit Revenue:$23,625

2. Payroll: The total deductions are $1,584.39 and the net payable is$2,915.61. The total payroll expense is the sum of these two amounts, which is $4,500. The employer's portion of EI and CPP are 1.4 times and 1 times the employees' portion, respectively. So, the employer's portion of EI is$90.41 * 1.4 = $126.57 and the employer's portion of CPP is$193.98.

Journal Entry: Debit Payroll Expense: $4,500 Credit EI Payable:$90.41 Credit Income Taxes Payable: $1,300 Credit CPP Payable:$193.98 Credit Salaries Payable: $2,915.61

Debit Payroll Tax Expense: $320.55 ($126.57 for EI and $193.98 for CPP) Credit EI Payable:$126.57 Credit CPP Payable: $193.98

3. Utilities: The utility bill of $2,260 was unpaid and unrecorded at November 30.

Journal Entry: Debit Utilities Expense: $2,260 Credit Accounts Payable:$2,260

Please note that the actual account names may vary depending on the company's chart of accounts.

To prepare the appropriate entries at year-end based on the information provided, we need to consider each piece of information separately:

1. Unearned Revenue: This is a liability account that represents the amount of revenue that has been collected in advance but not yet earned. Since the services were paid for four months in advance beginning on October 15, 2023, by November 30, 2023, 1.5 months of the service has been provided. Therefore, we need to recognize the revenue for the 1.5 months of service provided.

   Calculation: $63,000 / 4 months * 1.5 months =$23,625

   Journal Entry: Debit: Unearned Revenue $23,625 Credit: Service Revenue$23,625

2. Payroll: The unpaid amounts as at November 30 need to be recorded as liabilities. The employer's portions of EI and CPP are 1.4 times and 1 times the employees' portion, respectively.

   Calculation: EI Employer's portion: $90.41 * 1.4 =$126.57 CPP Employer's portion: $193.98 * 1 =$193.98

   Journal Entry: Debit: Salaries Expense $4,500 ($2,600 Office Salaries + $1,900 Sales Salaries) Credit: EI Payable$90.41 (Employee's portion) Credit: Income Taxes Payable $1,300 Credit: CPP Payable$193.98 (Employee's portion) Credit: Salaries Payable $2,915.61 (Net Payable) Debit: Payroll Tax Expense$320.55 ($126.57 EI +$193.98 CPP) Credit: EI Payable $126.57 (Employer's portion) Credit: CPP Payable$193.98 (Employer's portion)

3. Utilities: The unpaid and unrecorded utility bill needs to be recorded as a liability.

   Journal Entry: Debit: Utilities Expense $2,260 Credit: Accounts Payable$2,260

Please note that the final amounts are rounded to 2 decimal places as required.