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Hart Corporation encounters the following situations: Identify what type of adjusting entry (prepaid expense, unearned revenue, accrued expense, or accrued revenve) is needed in each

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Hart Corporation encounters the following situations: Identify what type of adjusting entry (prepaid expense, unearned revenue, accrued expense, or accrued revenve) is needed in each situation at December 31,2022. 1. Hart collects $1,586 from a customer in 2022 for services to be performed in 2023. 2. Hart incurs utility expense which is not yet psid in cash or recorded. 3. Hart's employees workod 3 days in 2022 but will not be paid until 2023. 4. Hart performs services for custorners but has not yet recelved cash or recorded the transaction. 5. Hart paid $2,928 rent on December 1 for the 4 months starting December 1. 6. Hart received cash for future services and recorded a liability until the service was performed. 7. Hart performed consulting services for a client in December 2022 On December 31 , it had not bllled the client for services performed of \$1,464. 8. Hart paid cash for an expense and recorded an asset until the item was used up. 9. Hart purchased $1.098 of supplies in 2022; at year-end, $488 of supplies remain unused. 10. Hart purchased equipment on January 1. 2022: the equipment will be used for 5 years: 11. Hart borrowed $12,200 on October 1, 2022, signing an 8% 1-year note payable. Both the interest and the note will be paid in 1 year. Hart Corporation encounters the following situations: Identify what type of adjusting entry (prepaid expense, unearned revenue, accrued expense, or accrued revenve) is needed in each situation at December 31,2022. 1. Hart collects $1,586 from a customer in 2022 for services to be performed in 2023. 2. Hart incurs utility expense which is not yet psid in cash or recorded. 3. Hart's employees workod 3 days in 2022 but will not be paid until 2023. 4. Hart performs services for custorners but has not yet recelved cash or recorded the transaction. 5. Hart paid $2,928 rent on December 1 for the 4 months starting December 1. 6. Hart received cash for future services and recorded a liability until the service was performed. 7. Hart performed consulting services for a client in December 2022 On December 31 , it had not bllled the client for services performed of \$1,464. 8. Hart paid cash for an expense and recorded an asset until the item was used up. 9. Hart purchased $1.098 of supplies in 2022; at year-end, $488 of supplies remain unused. 10. Hart purchased equipment on January 1. 2022: the equipment will be used for 5 years: 11. Hart borrowed $12,200 on October 1, 2022, signing an 8% 1-year note payable. Both the interest and the note will be paid in 1 year

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