Question
Hello, I am really confused about this homework. She did the professor did not provide a trial balance. I need to submit homework by 5:00pm.
Hello,
I am really confused about this homework. She did the professor did not provide a trial balance. I need to submit homework by 5:00pm. I really need help as soon as possible. Please try to work with what she provided
Thank You,
Hello,
This is all the teacher provided. I am going to attach a picture.
For this question, I need a 10- column worksheet reflecting the Trial Balance, The end of period adjustment, the adjusted trial balance, the income statement and the balance sheet. Week 4 Assignment Question A: 1] Collected $1,000 rent for the period December 1, 2012, to April 1, 2013, which was credited to Unearned Rent Revenue on December 1, 2012. 2] Purchased a machine for $32,000 cash on January 1, 2008. The company estimates annual depreciation at $3,000. 3] Paid $4,200 for a two-year insurance premium on July 1, 2012; debited Prepaid Insurance for that amount. Instruction: Please make and adjusted transactions
Week 4-Assignment Question A: 1lCollected $1,000 rent for the period December 1, 2012, to April 1, 2013, which was credited to Unearned Rent Revenue on December 1, 2012. 2 Purchased a machine for $32,000 cash on January 1, 2008. The company estimates annual depreciation at $3,000. 3] Paid $4,200 for a two-year insurance premium on July 1, 2012; debited Prepaid Insurance for that amoun!Font Color Instruction: Please make and adjusted transactions Questions B: Determining Financial Statement Effects of Adjusting Entries (Deferred Accounts) For each of the transactions above, indicate the amounts and direction of effects of the adjusting entry on the elements of the balance sheet and income statement. Using the following format, indicate+ for increase, -for decrease, and NE for no effect. Balance Sheet Income Statement Transaction Assets Liabilities Stockholders Revenue EquityStep by Step Solution
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