Change you too. Todos os % Question 11: Journal Entries and Adjusting Entries (27 marks) 2 James Nicol graduated from the NAIT photography program in 2014 and started a Photography Wines 3 Photo Success Corp. for Social Media Marketing campaigns in Jonaty 4 Date Deel te pendientemente Regen del by be de la Camice 5 Transaction 6 Com 1-Jan Photo Success Corp issued 11,000 common shares for 54.000 code 7 8 9 10 1.Jan 111 Photo Success Corp purchased Photography Equipment for $20,000. The equipment was purchased at $30,000 cash the remaining balance was account Photo Saccrue Corpstart a dimad tante baking equipment will all have a useful life of eight year and a dual value of $10.000 11 12 11 13 1.Jan Photo Success Corp fook out a loan from the bank for $150,000. The lo requuts principalmente $11,000 at the end of each month and 3' interest 14 15 16 Photo Success Corp pad 4 800 for an insurance policy on de photo for the period far to December 31, 2022 17 Cumho Question Journal Entries Question for Cover Sheet Calculation Mode: Automatic Workbook Statistics 15 bestquets precipes 1-Jan 17 Peato Success Coreograd 54809) for an ince olay on the photo que te prodhimur 1, 2 to Decembes 31,2012 18 19 1130 5-Jan Pecto Success Corp prachased supplies for 55 cak 20 20 w 2 2 6-Jan After a vecesful social media campus P Sz Carp bad blues per lepot in phonography to be compiled try it to February Ste Culledet for the future 24 25 18-Jan Photo Success Corp completed photography service de fortes 27 18 ! 30- Photo Success Carp paid for the town pacar Comode coco 18-Jan 26 Photo Success Corp completed photograplay vervices and invoiced the custom 2.60 for the work 27 28 30-Jan 29 Photo Success Corp paid for the remaining amount own on the equipment pached on Jul 30 31 1993 Adjusting items 31-Jan Made the necessary mouth-end adjusting entry related to the depreciation of the pleatory coupost 32 33 131201 34 31-Jan Made the necessary month-end adjusting entry related to the trance policy 35 131201 36 37 31.Jan Completed half of the work for the local restaurant that pada deposit se rych 38 39 40 41 Question home stomer sannanlasa net Question for Question 1 Journ Entries > Cover Sheet Calculation Mode: Automatic Workbook Statistics 2 Requited Record the journal estives for the actions yo be kell med putea cresting the per yeni yol belo * Responses should only be recorded in the cela stan wit blue Cote cela culture and the adjusting jumalie Genel lomal Dute $ Accounties 6 1112021 TO 112021 11 12 112021 13 14 13 112021 10 Geboto using Office! We ve made some updates to the privacy settings to give you nese teatures. You companies or window. You do it by ste materialetter greement. Learn more dis are owuporte det bedste Gere Merge la Certies $% 43 Caudere lene keele ombre H14 Megret fx B Required: What is the asset balance on June 30, 20207 Use a pivot table to determine this amount and enter the amount in the blue cell only Bonus (2 marks) TRANSACTION ANALYSIS COMPLETED BY ACCOUNTANT 2. D 3 Ass Bilance Accounts Impacted 4 Type of Account Increase or Decrease Debit/Credit Amount 5 Cash 6. Common Shares 7 Utilities Expense Debit Credit 80.000 Asset Common Shares Expense Asset Revenue 8 Cash 9 Service Revenue 10 Cash 11 Inventory 12 Cash 13 Wages Expense 14 Wages Payable Increase Increase Increase Decrease Increase Increase Increase Decrease Increase Asset Asset Asset Expense Liability Asset Revenue Debit Credit Credit Debit Debit Credit Debit Credit Debit Credit 80,000 4.000 (4.000 100,000 100.000 8,000 18.000 6,000 6,000 21.000 21.000 15 Accounts Receivable 16 Service Revenue 17 Wages Payable Increase Increase Increase Decrease Decrease Debit Credit (6.000 (6.000 Liability Asset 18 Cash 19 Change you too. Todos os % Question 11: Journal Entries and Adjusting Entries (27 marks) 2 James Nicol graduated from the NAIT photography program in 2014 and started a Photography Wines 3 Photo Success Corp. for Social Media Marketing campaigns in Jonaty 4 Date Deel te pendientemente Regen del by be de la Camice 5 Transaction 6 Com 1-Jan Photo Success Corp issued 11,000 common shares for 54.000 code 7 8 9 10 1.Jan 111 Photo Success Corp purchased Photography Equipment for $20,000. The equipment was purchased at $30,000 cash the remaining balance was account Photo Saccrue Corpstart a dimad tante baking equipment will all have a useful life of eight year and a dual value of $10.000 11 12 11 13 1.Jan Photo Success Corp fook out a loan from the bank for $150,000. The lo requuts principalmente $11,000 at the end of each month and 3' interest 14 15 16 Photo Success Corp pad 4 800 for an insurance policy on de photo for the period far to December 31, 2022 17 Cumho Question Journal Entries Question for Cover Sheet Calculation Mode: Automatic Workbook Statistics 15 bestquets precipes 1-Jan 17 Peato Success Coreograd 54809) for an ince olay on the photo que te prodhimur 1, 2 to Decembes 31,2012 18 19 1130 5-Jan Pecto Success Corp prachased supplies for 55 cak 20 20 w 2 2 6-Jan After a vecesful social media campus P Sz Carp bad blues per lepot in phonography to be compiled try it to February Ste Culledet for the future 24 25 18-Jan Photo Success Corp completed photography service de fortes 27 18 ! 30- Photo Success Carp paid for the town pacar Comode coco 18-Jan 26 Photo Success Corp completed photograplay vervices and invoiced the custom 2.60 for the work 27 28 30-Jan 29 Photo Success Corp paid for the remaining amount own on the equipment pached on Jul 30 31 1993 Adjusting items 31-Jan Made the necessary mouth-end adjusting entry related to the depreciation of the pleatory coupost 32 33 131201 34 31-Jan Made the necessary month-end adjusting entry related to the trance policy 35 131201 36 37 31.Jan Completed half of the work for the local restaurant that pada deposit se rych 38 39 40 41 Question home stomer sannanlasa net Question for Question 1 Journ Entries > Cover Sheet Calculation Mode: Automatic Workbook Statistics 2 Requited Record the journal estives for the actions yo be kell med putea cresting the per yeni yol belo * Responses should only be recorded in the cela stan wit blue Cote cela culture and the adjusting jumalie Genel lomal Dute $ Accounties 6 1112021 TO 112021 11 12 112021 13 14 13 112021 10 Geboto using Office! We ve made some updates to the privacy settings to give you nese teatures. You companies or window. You do it by ste materialetter greement. Learn more dis are owuporte det bedste Gere Merge la Certies $% 43 Caudere lene keele ombre H14 Megret fx B Required: What is the asset balance on June 30, 20207 Use a pivot table to determine this amount and enter the amount in the blue cell only Bonus (2 marks) TRANSACTION ANALYSIS COMPLETED BY ACCOUNTANT 2. D 3 Ass Bilance Accounts Impacted 4 Type of Account Increase or Decrease Debit/Credit Amount 5 Cash 6. Common Shares 7 Utilities Expense Debit Credit 80.000 Asset Common Shares Expense Asset Revenue 8 Cash 9 Service Revenue 10 Cash 11 Inventory 12 Cash 13 Wages Expense 14 Wages Payable Increase Increase Increase Decrease Increase Increase Increase Decrease Increase Asset Asset Asset Expense Liability Asset Revenue Debit Credit Credit Debit Debit Credit Debit Credit Debit Credit 80,000 4.000 (4.000 100,000 100.000 8,000 18.000 6,000 6,000 21.000 21.000 15 Accounts Receivable 16 Service Revenue 17 Wages Payable Increase Increase Increase Decrease Decrease Debit Credit (6.000 (6.000 Liability Asset 18 Cash 19