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Holden Corp. recorded the following transactions during Docombor as well as somedoms requiring dusting transactions of month-end indicate whether each transaction or adjusting entry would

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Holden Corp. recorded the following transactions during Docombor as well as somedoms requiring dusting transactions of month-end indicate whether each transaction or adjusting entry would cause an increase ). decrease or has no effect NE) on each of the components of the accounting equabon If a transaction causes a decrease in one component of the accounting equation and also an increase in the same component but in a different account, sect() A = L. a) December 5 Holden Corp. pad $150 for this month's bid received today D) Atmonthend Areview of the $30.000 unadusted balance in the supplies account shows a balance on hand the end of the month of $29400 c) At month end 51250 of the tentato Holden Corp in advance has been eamed Af month-end Holden Corp tents part of its building for a monthly fee of $1,250 The rent for the month just past has not been received e) December 10 Holden Corp returned to the supplier $8.000 of equipment discovered to be defective it was original purchased on account in care transaction n December 23 Acient pad 5650 in advance for work to be done next monter 9) December 16 53 000 of supplies purchased on credit in an earlier transaction were found to be defective They were returned b)At month and Aview of the $54.000 uradjusted balance in the prepaid rent account shows a remaining balance of $52.000 the end of the month December J Collected $1.600 regarding a crede customers account n December 15 Steve Moore (a shareholder, received share capital in Holden Comp after investing $15.000 cash and 525 000 worth of equipment in Holden Corp AT At month and $4250 of the television advising and for in advance has been used Al months and The estimated monthly depreciation on the building is $180 m) Almont-end Unrecorded and uncollected consulting fees at the end of the month were $9.000 Atmonth end 58.000 of the tent padin advance has been used At month end A review of the $30 000 unajusted balance in the prepard insurance account shows a remaining balance of $24000 at the end of the month

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