Homework Saved Nina Miller opened a web consulting business called Eco Build and recorded the following transactions in its first month of operations ook Tint Apr. 1 Miller invests $89,000 cash along with office equipment valued at $32,500 in the company. Apr. 2 The company prepaid $10,800 cash for twelve months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts Apr. 3 The company made credit purchases for $8,400 in office equipment and $4,300 in office supplies. Payment is due within 10 days. Apr. 6 The company completed services for a client and immediately received $5,500 cash Apr 9 The company completed a $12,500 project for a client, who must pay within 30 days. Apr. 13 The company paid $12,700 cash to settle the account payable created on April 3. Apr. 19 The company paid $3,120 cash for the premiun on a 12-month Insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 22 The company received $4,500 cash as partial payment for the work completed on April 9. Apr. 25 The company completed work for another client for $5,200 on credit. Apr. 28 Miller withdrew 56,000 cash from the company for personal use. Apr. 29 The company purchased $1,900 of additional office supplies on credit Apr. 30 The company paid $2,900 cash for this month's utility bill Descriptions of items that require adjusting entries on April 30, 2019, follow. a) On April 2, the company prepaid $10,800 cash for twelve months' rent for office space. b) The balance in Prepaid insurance represents the premium paid for a 12-month insurance policy the policy's coverage began on April 1 c) Office supplies on hand as of April 30 total $1,900. d) Straight-line depreciation of office equipment , based on a 5 year life and a $25,900 salvage value, is $250 per month e) The company has completed work for a client, but has not yet billed the $2,000 fee. ) Wages due to employees, but not yet paid, as of April 30 total $3,100. rences General Requirement General Income St Owners Journal Trial Balance Impact on Ledger Statement Equity Balance Sheet Income General Journal tab -For each transaction, review the unadjusted balance and prepare the adjusting entry necessary to correctly report the revenue earned or the expense incurred. After adjusting the accounts, review the general ledger and trial balance for accuracy. General Ledger tab. Each journal entry is posted automatically to the general ledger. Use the drop-down button to view the unadjusted or adjusted balances. Trial Balance tab - You may view ether the unadjusted or adjusted trial balance by choosing from the dropdown box below. Your choice will determine the reported values on the financial statement tabs. Income Statement tab - Use the drop down to select the accounts properly included on the income statement The unadjusted or adjusted balances will appear for each account, based on your selection Statement of Owner's Equity tab - The unadjusted or adjusted balances will appear for each account, based on your selection Balance sheet tab - Use the drop-downs to select the accounts properly included on the balance sheet. The unadjusted or adjusted balances will appear for each account, based on your selection. here to search 03 Homework Saved Nina Miller opened a web consulting business called Eco Build and recorded the following transactions in its first month of operations ook Tint Apr. 1 Miller invests $89,000 cash along with office equipment valued at $32,500 in the company. Apr. 2 The company prepaid $10,800 cash for twelve months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts Apr. 3 The company made credit purchases for $8,400 in office equipment and $4,300 in office supplies. Payment is due within 10 days. Apr. 6 The company completed services for a client and immediately received $5,500 cash Apr 9 The company completed a $12,500 project for a client, who must pay within 30 days. Apr. 13 The company paid $12,700 cash to settle the account payable created on April 3. Apr. 19 The company paid $3,120 cash for the premiun on a 12-month Insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 22 The company received $4,500 cash as partial payment for the work completed on April 9. Apr. 25 The company completed work for another client for $5,200 on credit. Apr. 28 Miller withdrew 56,000 cash from the company for personal use. Apr. 29 The company purchased $1,900 of additional office supplies on credit Apr. 30 The company paid $2,900 cash for this month's utility bill Descriptions of items that require adjusting entries on April 30, 2019, follow. a) On April 2, the company prepaid $10,800 cash for twelve months' rent for office space. b) The balance in Prepaid insurance represents the premium paid for a 12-month insurance policy the policy's coverage began on April 1 c) Office supplies on hand as of April 30 total $1,900. d) Straight-line depreciation of office equipment , based on a 5 year life and a $25,900 salvage value, is $250 per month e) The company has completed work for a client, but has not yet billed the $2,000 fee. ) Wages due to employees, but not yet paid, as of April 30 total $3,100. rences General Requirement General Income St Owners Journal Trial Balance Impact on Ledger Statement Equity Balance Sheet Income General Journal tab -For each transaction, review the unadjusted balance and prepare the adjusting entry necessary to correctly report the revenue earned or the expense incurred. After adjusting the accounts, review the general ledger and trial balance for accuracy. General Ledger tab. Each journal entry is posted automatically to the general ledger. Use the drop-down button to view the unadjusted or adjusted balances. Trial Balance tab - You may view ether the unadjusted or adjusted trial balance by choosing from the dropdown box below. Your choice will determine the reported values on the financial statement tabs. Income Statement tab - Use the drop down to select the accounts properly included on the income statement The unadjusted or adjusted balances will appear for each account, based on your selection Statement of Owner's Equity tab - The unadjusted or adjusted balances will appear for each account, based on your selection Balance sheet tab - Use the drop-downs to select the accounts properly included on the balance sheet. The unadjusted or adjusted balances will appear for each account, based on your selection. here to search 03