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all blanks please Question 2 On December 31, 2020, BB Inc made its income statement and statement of financial position, but did not make any

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Question 2 On December 31, 2020, BB Inc made its income statement and statement of financial position, but did not make any adjusting journal entries. Prior to making any adjusting journal entries, the income statement reported net income of $50,000 and the statement of financial position reported total assets of $200,000, total liabilities of $60,000 and total shareholders' equity of S260,000 Information about the adjusting entries follows. Fill in the "Blanks" below. Any deductions should be shown in parentheses (ie., brackets). (note, provide your ansier with no dollar signs, commas, periods or spaces. If there is no impact, write no effect) 1. Deprecation of $5000 was not recorded 2. The next payroll is in January. Salaries for December 30th and December 31" rotalled S8000 and will be included on the January Payroll 3. On November 14, 54000 was collected for services to be performed in November and December The entire amount was recorded to unearned revenue when received No entries have been made since November 1" Net Income Total Assets Total Liabilities Total Shareholders Equity 170000 Incorrect Balances 50000 Adjustments Deprecation Blank 1 Salaries Blank 5 Service Revenue Blank 9 70000 100000 Blank 2 Blank #6 Blank = 10 Blank 3 Blank #7 Blanka 11 Question 12 (1 point) Blank Blank S Blank 12 Blank1

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