10501122 X 10501118 X 31050111 10501125 10 x Adjusting Entries Written Homework.docx - Locked Regular 12 Times 17 12 On January 1, 2020 the company paid $3,600 for an annual (12 month) flood insurance policy covering their headquarter building. Assume the company has a monthly accounting period, prepare the adjusting entry needed at the end of January Assume the company has a quarterly accounting period (report once every 3 months). Prepare the entry needed at the end of the first quarter. A business pays its employees $1,500 per day and payday is each Friday. Prepare the adjusting entry needed if the end of the accounting period falls on Monday. Prepare the adjusting entry needed if the end of the accounting period falls on Thursday. ha - On October 1, a tenant pays their landlord $2,500 for five moths rent. Prepare the entry needed on October 1st to record this transaction Prepare the adjusting entry needed on October 31 Prepare the entry needed on October 1st if you are the Landlord Prepare the adjusting entry needed on October 31st if you are the Landlord. TUESDAY session students: This is due no later than 11:59 pm on THURSDAY session students: This is due no later than 11:59 pm Chapter 3 Powerpoint