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Copley Company was paid $2,800 in December of Year 1 for services to be performed in Year 2 Copley Company has a 12/31 year end.
Copley Company was paid $2,800 in December of Year 1 for services to be performed in Year 2 Copley Company has a 12/31 year end. Which of the following correctly shows the effects of the appropriate Year 2 entry after peforming the services? Assets 5000) Euty Rey Netine Cash Flow S2 EXD na no A ERD Net Cashow EL SARIO tip GLAS MALVINAR HAI H GIA 5200 52100 Nethe 32 Cash Flow 52800 husets Hev 200 Netine 01100 Cash Flow 52,800FA Exp na Cashow Multiple Choice = Rev Net Inc Cash Flow Assets $12.800) Liab S(2.800) Equity nla Exp n'a na Na n/a Exp Assets n/a Liab S[2.800) Equity $2,800 Rey $2,800 Net Inc $2800 Cash Flow n/a Liab + - Assets $2.800 Equity $2,800 Rev $2.800 Exp nia Net Inc $2,800 Cash Flow $2.800 OA nia - Assets $12.800) Liab $(2.800) Equity nia Rev n/a Exp $2.800 Net Inc $(2.800) Cash Flow $12.800) FA Assets 52,800 Liab na Equity $2,800 Hev $2,800 Exp nia Net ind $2,800 Cash Flow n/a Rev Net Inc Cash Flow Assets $12.800) Liab $(2.800) Equity nia Exp n/a nia n/a no Assets n/a Lab $12.800) Equity $2.800 Rev $2.800 Exp nia Net Inc $2,800 Cash Flow n/a Lab + Rey Exp Assets $2,800 Equity $2800 Net Inc $2,800 Cash Flow $2.800 OA n/a $2800 nia o + Assets 512,8001 Lab 512,8001 Equity n/a Rev nia Exp $2800 Net Inc $12,800) Cash Flow 562,800) FA + - Exp Net in Cash Flow Assets 5200 Liab wa Equity $2,800 Rev $2.800 nia $2.800 nia
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