Buy 'n Large Corporation (BLC) is a service company that has been in business for several years. It has completed its second month of operations in the current year, and has made all required month-end adjusting entries. The following Tableau dashboard allows you to select unadjusted and adjusted balances for balance sheet and income statement accounts below by using the dashboard filters Balance Sheet Income Statement $6,000 $6.000 $5.500 $5,500 $5.000 $5.000 $4,500 $4,500 $4,000 54.000 $3,500 Sa: 500 $3.000 $3.000 $2,500 $2.500 $2.000 2000 $1,500 51,500 HW, Part 1 Savod 2 in UdL TITUL. WIDE OUTIL Ulem uenens expreu une cure 2. BLC records the same amount of depreciation each month it uses its equipment Using the appropriate dashboard filter , identify the account that will allow you to determine how many months has BLC used its equipment from the time it was first acquired until now. Using that account's balance, calculate the number of months the equipment has been used so far 3. Some customers pay BLC several months in advance of receiving BLC's services, and then BLC adjusts its accounts each month end for the services it provided to those customers during that month. Using the dashboard filters, select the accounts that would be adjusted when services are provided under these advance-payment contracts. Show the adjusting Journal entry BLC made to these accounts at the end of the current month. 4. Using the dashboard filters, select the accounts that relate to advertising. Use the mouse over function to gather the information you need to explain the reason for BLC's advertising adjustment. Which of the following is correct? 5. Using the dashboard filters, select the accounts that relate to income taxes. BLC is accruing the same amount each month for income taxes, based on estimates of how much BLC will owe for income taxes at the end of the year. What amount is BLC accruing each month and how much will it have accrued by the end of the entire year? Book Print Problem eferences Required 1 Required 2 Required 3 Required 4 Required 5 BLC records the same amount of depreciation each month it uses its equipment. Using the appropriate dashboard filter, identify the account that will allow you to determine how many months has BLC used its equipment from the time it was first acquired until now. Using that account's balance, calculate the number of months the equipment has been used so far O25 months 24 months 2 months 1 month Required 1 Required 2 Required 3 Required 4 Required 5 Some customers pay BLC several months in advance of receiving BLC's services, and then BLC adjusts its accounts each month-end for the services it provided to those customers during that month. Uning the dashboard filters, select the accounts that would be adjusted when services are provided under these advance payment contracts. Show the adjusting Journal entry BLC made to these accounts at the end of the current month. (If no entry is required for a transaction/event, select "Na Journal Entry Required in the first account field.) Show less View transaction list Journal entry worksheet Record the recognition of revenue for the services provided during the month, Note: Enter det before credits Transaction General Journal Dobil Crode Record entry Clear entry View general Journal 1. ULL Pays in VIOLIS VIR OUVILE, mich juste OLCULS LLLC CPULUI CE CUCHILD LIDL CARE In that month. What amount of rent benefits expired in the current month? 2 BLC records the same amount of depreciation each month it uses its equipment Using the appropriate dashboard filter, identify the account that will allow you to determine how many months has BLC used its equipment from the time it was first acquired until now, Using that account's balance, calculate the number of months the equipment has been used so far 3. Some customers pay BLC several months in advance of receiving BLC's services, and then BLC adjusts its accounts each month- end for the services it provided to those customers during that month. Using the dashboard filters, select the accounts that would be adjusted when services are provided under these advance-payment contracts Show the adjusting journal entry BLC made to these accounts at the end of the current month 4. Using the dashboard filters, select the accounts that relate to advertising. Use the mouse-over function to gather the information you need to explain the reason for BLC's advertising adjustment. Which of the following is correct? 5. Using the dashboard filters, select the accounts that relate to income taxes BLC is accruing the same amount each month for income taxes, based on estimates of how much BLC will owe for income taxes at the end of the year. What amount is BLC accruing each month and how much will it have accrued by the end of the entire year? Problem Required Required 2 Required 3 Required 4 Required 5 Using the dashboard filters, select the accounts that relate to advertising. Use the mouse over function to gather the Information you need to explain the reason for BLC's advertising adjustment. Which of the following is correct? OBLC provided $300 of advertising services to its clients this month OBLC provided $1,400 of advertising services to its clients this month for which has not yet been puid OBLC has now received $1,400 of advertising services that it has not yet paid OBLC has now received S1 800 of advertising services for which it has pald only $1,500 HW, Part 1 Savod 2 in UdL TITUL. WIDE OUTIL Ulem uenens expreu une cure 2. BLC records the same amount of depreciation each month it uses its equipment Using the appropriate dashboard filter , identify the account that will allow you to determine how many months has BLC used its equipment from the time it was first acquired until now. Using that account's balance, calculate the number of months the equipment has been used so far 3. Some customers pay BLC several months in advance of receiving BLC's services, and then BLC adjusts its accounts each month end for the services it provided to those customers during that month. Using the dashboard filters, select the accounts that would be adjusted when services are provided under these advance-payment contracts. Show the adjusting Journal entry BLC made to these accounts at the end of the current month. 4. Using the dashboard filters, select the accounts that relate to advertising. Use the mouse over function to gather the information you need to explain the reason for BLC's advertising adjustment. Which of the following is correct? 5. Using the dashboard filters, select the accounts that relate to income taxes. BLC is accruing the same amount each month for income taxes, based on estimates of how much BLC will owe for income taxes at the end of the year. What amount is BLC accruing each month and how much will it have accrued by the end of the entire year? Book Print Problem eferences Required 1 Required 2 Required 3 Required 4 Required 5 BLC records the same amount of depreciation each month it uses its equipment. Using the appropriate dashboard filter, identify the account that will allow you to determine how many months has BLC used its equipment from the time it was first acquired until now. Using that account's balance, calculate the number of months the equipment has been used so far O25 months 24 months 2 months 1 month Required 1 Required 2 Required 3 Required 4 Required 5 Some customers pay BLC several months in advance of receiving BLC's services, and then BLC adjusts its accounts each month-end for the services it provided to those customers during that month. Uning the dashboard filters, select the accounts that would be adjusted when services are provided under these advance payment contracts. Show the adjusting Journal entry BLC made to these accounts at the end of the current month. (If no entry is required for a transaction/event, select "Na Journal Entry Required in the first account field.) Show less View transaction list Journal entry worksheet Record the recognition of revenue for the services provided during the month, Note: Enter det before credits Transaction General Journal Dobil Crode Record entry Clear entry View general Journal 1. ULL Pays in VIOLIS VIR OUVILE, mich juste OLCULS LLLC CPULUI CE CUCHILD LIDL CARE In that month. What amount of rent benefits expired in the current month? 2 BLC records the same amount of depreciation each month it uses its equipment Using the appropriate dashboard filter, identify the account that will allow you to determine how many months has BLC used its equipment from the time it was first acquired until now, Using that account's balance, calculate the number of months the equipment has been used so far 3. Some customers pay BLC several months in advance of receiving BLC's services, and then BLC adjusts its accounts each month- end for the services it provided to those customers during that month. Using the dashboard filters, select the accounts that would be adjusted when services are provided under these advance-payment contracts Show the adjusting journal entry BLC made to these accounts at the end of the current month 4. Using the dashboard filters, select the accounts that relate to advertising. Use the mouse-over function to gather the information you need to explain the reason for BLC's advertising adjustment. Which of the following is correct? 5. Using the dashboard filters, select the accounts that relate to income taxes BLC is accruing the same amount each month for income taxes, based on estimates of how much BLC will owe for income taxes at the end of the year. What amount is BLC accruing each month and how much will it have accrued by the end of the entire year? Problem Required Required 2 Required 3 Required 4 Required 5 Using the dashboard filters, select the accounts that relate to advertising. Use the mouse over function to gather the Information you need to explain the reason for BLC's advertising adjustment. Which of the following is correct? OBLC provided $300 of advertising services to its clients this month OBLC provided $1,400 of advertising services to its clients this month for which has not yet been puid OBLC has now received $1,400 of advertising services that it has not yet paid OBLC has now received S1 800 of advertising services for which it has pald only $1,500