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adjusting entries for the following a) $800 cash recieved from customers and recorded as fees revenue was for services to be provided by Watts Electrical

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adjusting entries for the following
a) $800 cash recieved from customers and recorded as fees revenue was for services to be provided by Watts Electrical Corp. during january and febuary 2018.
b) $2,000 cash paid for rent and recorded as rent expense was for the office space for the months of october, november, december (2017), and january (2018)
c) Watts electrical corp. owes its employees a total of $400 for work they performed for the company prior to december 31. The wages will be paid to the employees during the first week in january.
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Paul Watts founded Watts Electrical Corp. in 2017 to provide electrician services to homes and businesses in the Lowell, Massachusetts area. Watts Electrical Corp. prepares its annual financial statements as of December 31. Or December 31, 2017, Watts Electrical Corp. reported the following balances. Account Debit Account Credit Number $6,400 $1,500 $2,200 $300 $200 $0 $5,800 Cash Accounts Receivable Supplies Prepaid Insurance Prepaid Advertising 121 131 141 143 145 Prepaid Rent 151 211 221 226 231Income Taxes Payable 311 331 Equipment $2,500 SO $500 SO $8,000 S3,600 Accounts Payable 1Unearned Fees Revenue Wages Payable Common Stock Retained Earnings 351 Dividend SO $17,000 411 Fees Revenue $11,000 $400 $2,000 $900 900 sO $31,600 11 Wages Expense 521 Advertising Expense Rent Expense Supplies Expense Insurance Expense 531 541 551 591 Income Taxes Expense Totals $31,600 Paul Watts reviewed his Watts Electrical Corp. business on December 31, 2017 and discovered the following. a. $800 cash received from customers and recorded as fees revenue was for services to be provided by Watts Electrical Corp. during January and February, 2018. Dr. /Cr. QUESTION 2 2.5 points Save Answer b. $2,000 cash paid for rent and recordedas rent penie was for office space for the months of October, November, December (2017), and January (2018) Dr. Cr. QUESTION 3 2.5 points Save Answer c. Watts Electrical Corp. owes its employees a total of $400 for work they performed for the company prior to December 31. The wages will be paid to the employees during the first week in January Dr. / Cr

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