Glo306

Saved ting Cycle Project GLO306-Based on the Serial Problem LO A1, P1, P3 The November 30,2017, unadjusted trial balance of Fax Computing is found in the Trial balance tab Fox Computing had the f transactions and events in December 2017 Dec. 2 Paid $ Dec. 3 Paid $609 cash for ninor repairs to the company's conputer. 1,180 cash to Gulfview Mall for Fox Computing share of mall advertising costs Dec. 4 Received $6,390 cash from Fields Engineering Co. for the recelvable from November. Dec. 18 Paid cash to Mike Fox for six days of work at the Dec.Notified by Flelds tngineering Co. that FOK Copting, bid of $7,500 on a proposed project has been $1,758 cash advance to Fox Computing bookDec. 15 Purchased $1,9 a reninder o of computer supplies on credit from Perry Office Products for Pelcher Corporation and received $7,200 cash. to Walsh Co, to pay the fee for services recorded on November 8. Dec. 16 Sent Dec. 2e Conpleted a project Dec . 28 lece i ved S4.600 cash fro' wish Co. on its receival. Dec. 23 Reinbursed 3. Fox for business automobile mileage (650 miles at se.32 per mile). Dec. 31 The company paid $2,200 cash in dividends. Print The tollowing additional facts are collected for use in making adjusting enties prfor to preparing financial Seferences company's first three months a The December 31 inventory count of computer supplies shows $1,220 stil available b. Three months have expired since the 12-month insurance premium was paid in advance. c. As of December 31, Mike Fox has not been paid for four days of work at $160 per day d. The computer system, acquired on October 1, is expected to have a four-year life with no salvage value. e. The office equipment, acqured on October 1, is expected to have a five-year life with no salvage value t Three of the four months prepaid rent has expired Income St Retained Ledger Trial alae Earnings Balance Sheet impact on Prepare journal entries for each of the December tran-tion, u noloumal-ry begund virt ?enl? entry required" in the first account tied. Then, using he ),ep adjusting entry process, and th? nfermaton yventw adjatments, prepare the adjusting entry necessary to correctly report the revenue .amed?the-pense indmed Journal entry worksheet T 17 3D VISION