H 03 ACCOUNTING CYCLE CONNECT.. Help Save & Exit S Check my we GLO301-Based on the FastForward Company LO A1, P1, P3 The unadjusted trial balance of the FastForward Company as of December 31, 2017 is found on the trial balance t The following information is required to prepare the necessary adjusting entries for the FastForward Company found in chapter 3 Book 1 The balance in Prepald insurance represents a 24-month policy that went into effect on December 1, 2017. Revie Print 2) Based on a physical count, supplies on hand total $8,670. Review the unadjusted balance in Supplies, and the unadjusted balance in Prepaid insurance, and prepare the necessary adjusting entry, if any prepare the necessary adjusting entry, if any Review the unadjusted balance in Accumulated depreciation, and prepare the necessary adjusting entry to 3) The equipment is expected to have an 5-year useful Ifte, and be worth about $8,000 at the end of five years. 4) On December 26, the client paid a $3,000 60-day fee in advance, covering December 27 to February 24. Revie 5) FastForward's employee earns $70 per day for a five-day workweek beginning on Monday and ending on Friday record the monthly depreciation, if any. the unadjusted balance in Unearned Consulting Revenue, and prepare the necessary adjusting entry, if any The employee was last paid on Friday. December 26. Review the unadjusted balance in Salaries expense, and prepare the necessary adjusting entry, if any Prev 1 of 1Next to search H 03 ACCOUNTING CYCLE CONNECT.. Help Save & Exit S Check my we GLO301-Based on the FastForward Company LO A1, P1, P3 The unadjusted trial balance of the FastForward Company as of December 31, 2017 is found on the trial balance t The following information is required to prepare the necessary adjusting entries for the FastForward Company found in chapter 3 Book 1 The balance in Prepald insurance represents a 24-month policy that went into effect on December 1, 2017. Revie Print 2) Based on a physical count, supplies on hand total $8,670. Review the unadjusted balance in Supplies, and the unadjusted balance in Prepaid insurance, and prepare the necessary adjusting entry, if any prepare the necessary adjusting entry, if any Review the unadjusted balance in Accumulated depreciation, and prepare the necessary adjusting entry to 3) The equipment is expected to have an 5-year useful Ifte, and be worth about $8,000 at the end of five years. 4) On December 26, the client paid a $3,000 60-day fee in advance, covering December 27 to February 24. Revie 5) FastForward's employee earns $70 per day for a five-day workweek beginning on Monday and ending on Friday record the monthly depreciation, if any. the unadjusted balance in Unearned Consulting Revenue, and prepare the necessary adjusting entry, if any The employee was last paid on Friday. December 26. Review the unadjusted balance in Salaries expense, and prepare the necessary adjusting entry, if any Prev 1 of 1Next to search
