can you please answer the questions in order and also make similar boxes and columns as the quesions so it can make it easy answering the questions. Thank you!
X Cases ent ad or ead uipment a. The details of Prepaid Insurance are as follows: Prepaid Insurance Jan 1 Bal 2,500 Mar 31 3,000 Jackson prepays insurance on March 31 each year. At December 31, $500 is still prepaid. b. Jackson pays employees each Friday. The amount of the weekly payroll is $5,600 for a five-day work week. The current accounting period ends on Tuesday. c. Jackson has a note receivable. During the current year, Jackson has earned accrued interest revenue of $400 that it will collect next year. d. The beginning balance of supplies was $3,200. During the year, Jackson purchased supplies costing $6,400, and at December 31 supplies on hand total $2,400. e. Jackson is providing services for Sea Lion Investments, and the owner of Sea Lion paid Jackson an annual service fee of $10,700. Jackson recorded this amount as Unearned Service Revenue. Jackson estimates that it has earned 80% of the total fee during the current year. f. Depreciation for the current year includes Office Furniture, $3,600, and Equipment, $6,000. Debit Print Done continue to OTTOCOSTOTIS Consider each of the following independent cases Click the icon to view the independent) Requirement 1. Journaline the sing entry needed on December 31, the end of the current accounting period, for each of the following independent cases tecting Jackson Corporation include an explanation for each entry Details of the Prepaid insurance control january 1 (beginning of the year) debit balance of $2,500 and a debit to the account on March 31 33.000 to record the payment of an annual insurance premium Al December 31, 3500 il prepaid. Recorders, the credits Select the explanation on the last line of the journal entry table) Journal Entry Accounts and Explanation Debit Credit Dec b. Jackson pays employees cach Friday. The amount of the weekly payroll is 55.000 for day work week. The current accounting periods on Tuesday Journal Entry Choose from any list of enter any numberinteinputs and then continue to the next question Considereach of the following independent cases Click the icon to view the independent) Requirement 1. Joure the signed on December hand of the current accounting period for each of the town independence on Corporation den for each b. Jackson pays loyees ch Friday. The amount of the weekly payroll 55.600 for five-day wo week. The current periods on a day Journal Entry Date Accounts and Exam Debit Dec Journal Entry Account Date Choose from any or enterarbeiten and then continue to read III Question o Consider each of the following independientes Click the icon to view the independentes) Requirement 1. Joumalize the adjusting ended on December 31, and of the core of the independentes affecting Jackson Corporation include an exploration for each entry c. Jackson has not receive During the current year. Jackson has med crederent revenue of $400 hit will collects your Journal Entry Date Account and Explanation Debit Credit Dec 31 d. The beginning balance of supplies was 3.200 During the year Jackson purchased 1.200, and December 31 the wes on hand $2.400 Journal Entry Date Accounts and Explanation Debit 20 Choose from any list or enter any number in the routes and then come to the next gestion Consider each of the following independentes Click the icon to view the independent) Requirement 1. Journalize the adjusting entry needed on December 31, the end of the current counting period, for each of the following Independentes acting Jackson Corporation. Include an explanation for each entry .. Jackson is providing services for Sea Lion Investments and the owner of Sea Lion paid Jackson $10.700 m vison recorded his moutas named Service Rev. Jackson has and the totale during the current year Journal Entry Date Accounts and Explanation Debit Credit Dec 31 1. Depreciation for perrent years includes Office Furn, 53.600, and Equipment 56.000. Monumento de Journal Entry Date Accounts and Explanation De Credit Choose from any Morrer any umor in the input fields and then continue to the next to On Hop O Considereach of the independente the conteve the independientes Requirement 1. Jugend on December the Pooh Independenta fino apoio include achty Depreciation for the includes futur 3.800 and 1.000 Journal Entry Date Accounts and on De 31 Choose from any list or enter any number in the routes and continue to the text
