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Can someone possibly help me with all of these questions? The help is greatly appreciated! 4. On January 1, 2018 Tulsa Company had a balance
Can someone possibly help me with all of these questions? The help is greatly appreciated! 4. On January 1, 2018 Tulsa Company had a balance in their supplies account of $427.00. year they purchased $1,754.00 of supplies. At the end of the year, before any year-end adjustin actual ending balance of supplies was $371.00. How much supplies were used during the y tt0 pointsl the se7 00, sursament Answer 5. On September 1, 2018 Dodge Company prepaid one year of rent on the amount of $60,000.00. How 110 points much rent expense will the recognize for the year ended December 31,2018 Answer 6. On April 1, 2018 JD Law firm received a $72,000 retainer to perform legal consulting services for a year. How much revenue will JD Law have earned and recognized during the year ended December 31, 2018? [10 points] Answer Multiple Choice: Circle the correct response 1. Which of the following transactions does not involve an accrual? A. Recording interest earned that will be received in the next period. B. Recording operating expense incurred but not yet paid. C. Recording salary expense incurred but not yet paid. D. Recording the pre-payment of two years' worth of insurance. 2. Which of the following events involves a deferral? A. Recording interest that has been earned but not received. B. Recording supplies that have been purchased with cash but not yet used. C. Recording revenue that has been earned but not yet collected in cash. D. Recording salaries owed to employees at the end of the year that will be paid during the following year 10
Can someone possibly help me with all of these questions? The help is greatly appreciated!
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