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Accounts Cash Receivables Inventory of maintenance supplies Equipment Accumulated depreciation Prepaid insurance Other assets Accounts payable Salaries payable Deferred transportation revenue Income tax payable Contributed
Accounts Cash Receivables Inventory of maintenance supplies Equipment Accumulated depreciation Prepaid insurance Other assets Accounts payable Salaries payable Deferred transportation revenue Income tax payable Contributed capital Retained earnings Transportation revenue Salaries expense Maintenance expense Depreciation expense Other expenses Income tax expense Explain the causes of the differences and the impact of the changes on financial analysis. Omission of the adjusting entries caused the following: a. Net earnings to be by b. Total assets to be by c. Total liabilities to be by Accounts Cash Receivables Inventory of maintenance supplies Equipment Accumulated depreciation Prepaid insurance Other assets Accounts payable Salaries payable Deferred transportation revenue Income tax payable Contributed capital Retained earnings Transportation revenue Salaries expense Maintenance expense Depreciation expense Other expenses Income tax expense Explain the causes of the differences and the impact of the changes on financial analysis. Omission of the adjusting entries caused the following: a. Net earnings to be by b. Total assets to be by c. Total liabilities to be by
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