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2. Prepare adjusting entries to record the following additional Information collected on December 31, 2020. Post the entries to the accounts in the ledger, Dec.
2. Prepare adjusting entries to record the following additional Information collected on December 31, 2020. Post the entries to the accounts in the ledger, Dec. 31 a. The December 31 inventory of computer supplies was $675 b. Three months have passed since the annual Insurance premium was paid 57 c. As of the end of the year, Anne Stafford has not been paid for 9 days of work at the rate of $265 per day. d. The computer equipment is expected to have a two-year life with no residual value The office equipment is expected to have a five-year life with no residual value Prepaid rent for three of the six months has expired 65 3. Prepare an adjusted trial balance as of December 31, 2020 004. Prepare an income statement and statement of changes in equity for the three 6 months ended December 31, 2020 08 5. Prepare a balance sheet as of December 31, 2020
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