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C 1. Performed counseling services for $24,400 cash. 2. On February 1, 2018, paid $16,800 cash to rent office space for the coming year. 3.

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C 1. Performed counseling services for $24,400 cash. 2. On February 1, 2018, paid $16,800 cash to rent office space for the coming year. 3. Adjusted the accounts to reflect the amount of rent used during the year. Required Based on this information alone: a. Record the events under an accounting equation. b. Prepare an income statement, balance sheet, and statement of cash flows for the 2018 accounting period. c. Ignoring all other future events, what is the amount of rent expense that would be recognized in 2019? Complete this question by entering your answers in the tabs below. ces Req A Req B1 Inc Stmt Req B2 Bal Sheet Req B3 CF Stmt Reqc Prepare a balance sheet for the 2018 accounting period. (Do not round intermediate calculations.) LIFE, INC. Balance Sheet As of December 31, 2018 Assets Total assets Liabilities Complete this question by entering your answers in the tabs below. Req A Req B1 Inc Stmt Req B2 Bal Sheet Req B3 CF Stmt ReqC :27 Prepare a balance sheet for the 2018 accounting period. (Do not round intermed LIFE, INC. Balance Sheet As of December 31, 2018 Assets ces Total assets Liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity

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