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Carla Vista Company provides property management services to a variety of companies. At its fiscal year end on April 30, 2024 adjustments were required for
Carla Vista Company provides property management services to a variety of companies. At its fiscal year end on April 30, 2024 adjustments were required for the following items: Services of $640 were provided but not recorded or collected. Of the balance in the Unearned Revenue acc ount, $300 of services have been provided. Depreciation expense for the year ended April 30. 2024, was $5.000. Interest of $595 on a note payable had accrued Prepaid insurance of $405 had expired Property taxes for the calendar year are payable every year on June 30. The company estimated property taxes for 2024 to be 53.936 (a) Identify the adiustments for which it could be useful to prepare reversing entries. Select Yes for the adiustments which it could be useful to prepare reversing entries and No which is not useful. Adiustment 1 Adjustment 2 Adjustment 3 Adjustment 4 Adjustment 5 Adjustment 6
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