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Answer the following question with the following information. Question The date is Jan 20, 2018 and you are employed as an accountant at TMT Inc.

Answer the following question with the following information.

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Question The date is Jan 20, 2018 and you are employed as an accountant at TMT Inc. The CEO comes into your office and welcomes you to TMT and begins to speak: "Our prior accountant Curtis Jackson and myself had a dispute in Dec 2017 and therefore he is no longer employed at TMT. As Curtis didn't have much formal accounting training, I often questioned the financial statements, as certain numbers that appeared on them didn't seem right. I have 2 tasks I need completed today: Required 1) Could you please review the 2017 FIS for TMT that have been completed to date and let me know of any issues you find? If you find any glaring issues please fix them. 2) The following 4 transactions occurred during 2017, but were not recorded.I didn't realize he had missed recording these transactions till after he left and I went into his office and found that they were still sitting in his "in-basket" to be completed. Please provide me with the required journal entries and also update the Dec 31, 2017 FIS for these transactions 2017 Preliminary TMT F/S that were prepared by Curtis Jackson: TMT Inc. Statement of Income For Year-Ending Dec 31, 2017 TMT Inc. Statement of Financial Position Year Ending Dec 31, 2017 Revenue Pay per view sales 3,000,000 425,000 Accounts payable 20,000 Allowance for doubtful accounts 30,000 ,000 50,000 30,000 840,000 Accounts receivable 1,000,000 Accumulated Dep-Broadcast eqiup Other expenses Depreciation expense -Equipment Depreciation expense -Car Dividends for common shares (2,600,000PP&E-Broadcast equip (20,000 PP&E-Car 30,000Accumulated Dep-Car Loan (100,000 Net Income 280,000 Money owners gave business Retained Earnings 60,000 460,000 Total 1475,000 Totol 1,475,000

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