$13$

Record each of the following events in the horizontal statements model. After each event, record the corresponding December $31$ endof$-$year adjustment that would be necessary.

Required:

a$.$ Paid $$44,000$ for a $1-$year lease beginning April $1.$

b$.$ Paid $$4,500$ to purchase supplies. At year end, $$1,600$ of supplies remained.

c$.$ Received a $$63,000$ cash advance for a $6-$month contract beginning on September $1.$

Note: Enter any decreases to account balances with a minus sign. Leave cells blank if no input is needed.

$\backslash$table$[[\backslash$table$[[$Event or$],[$Adjustment$]],$Balance Sheet,Income Statement,$\backslash$table$[[$Stateme$],[FI$