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Help on these charts please. Current Attempt in Progress Blue Spruce Games Inc. adjusts its accounts annually. The following information is available for the year
Help on these charts please. Current Attempt in Progress Blue Spruce Games Inc. adjusts its accounts annually. The following information is available for the year ended December Purchased a year insurance policy on June for $ cash. Paid $ on August for months' rent in advance. On September received $ cash in advance from a corporation to sponsor a game each month for a total of months for the most improved students at a local school. Signed a contract for cleaning services starting December for $ per month. Paid for the first months on November Hint: Use the account Prepaid Cleaning to record prepayments. On December received $ in advance from a gaming club. Determined that on December $ of these games had not yet been played. a For each of the above transactions, prepare the journal entry to record the initial transaction. List all debit entries before credit entries. If no entry is required, select No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Date Account Titles and Explanation Debit Credit b For each of the above transactions, prepare the adjusting journal entry that is required on December Hint: Use the account Service Revenue for item and Maintenance and Repairs Expense for item List all debit entries before credit entries. If no entry is required, select No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. D Date Account Titles and Explanation Credit Dec. Dec.
Help on these charts please. Current Attempt in Progress
Blue Spruce Games Inc. adjusts its accounts annually. The following information is available for the year ended December
Purchased a year insurance policy on June for $ cash.
Paid $ on August for months' rent in advance.
On September received $ cash in advance from a corporation to sponsor a game each month for a total of months
for the most improved students at a local school.
Signed a contract for cleaning services starting December for $ per month. Paid for the first months on November
Hint: Use the account Prepaid Cleaning to record prepayments.
On December received $ in advance from a gaming club. Determined that on December $ of these games had
not yet been played.
a
For each of the above transactions, prepare the journal entry to record the initial transaction. List all debit entries before credit
entries. If no entry is required, select No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically
indented when the amount is entered. Do not indent manually.
Date
Account Titles and Explanation
Debit
Credit b
For each of the above transactions, prepare the adjusting journal entry that is required on December Hint: Use the account
Service Revenue for item and Maintenance and Repairs Expense for item List all debit entries before credit entries. If no entry is
required, select No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the
amount is entered. Do not indent manually.
D Date Account Titles and Explanation
Credit
Dec.
Dec.
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