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1. Performed counseling services for $24,400 cash. 2. On February 1, 2018, paid $16,800 cash to rent office space for the coming year. 3. Adjusted

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1. Performed counseling services for $24,400 cash. 2. On February 1, 2018, paid $16,800 cash to rent office space for the coming year. 3. Adjusted the accounts to reflect the amount of rent used during the year. Required Based on this information alone: a. Record the events under an accounting equation. b. Prepare an income statement, balance sheet, and statement of cash flows for the 2018 accounting period. c. Ignoring all other future events, what is the amount of rent expense that would be recognized in 2019? 4.41 k Complete this question by entering your answers in the tabs below. nces Req A Req B1 Inc Stmt Reg B2 Bal Sheet Reg B3 CF Stmt Req Record the events under an accounting equation. (Do not round intermediate calculations. Enter any decreases to account balances with a minus sign.) LIFE, INC. Effect of Events on the Accounting Equation Stockholders' Assets Equity Prepaid Retained Event Cash Rent Earnings 1. Performed counseling services 2. Prepaid rent 3. Used rent Totals

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