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I just need E answered. I put my answers below: On January 10, 2018, Simpson paid $2,100 rent for a storage facility for the period

I just need E answered. I put my answers below:

On January 10, 2018, Simpson paid $2,100 rent for a storage facility for the period from January 10 through May 31. The rent charge is $450 per month.

a. The January 10, 2018 rent payment assuming that the disbursement was recorded as an expense. b. The January 31, 2018 adjustment recorded to show the appropriate amount of expense in the income statement of Simpson for the month of January. c. Show an alternative way of recording the disbursement of $2,100 on January 10, 2018. d. Record the adjustment that would be appropriate at January 31, 2018 if the disbursement had been recorded as in c. e. What is the effect of the difference between the two methods of recording these items (and b versus c and d) on the: 1. Income statement for the month of January? 2. Balance sheet at January 31? image text in transcribed

Stockho Iders' Equit Net income Revenu es tlo Assets Liabilities Expenses Cash -$2,100 Rent expense-$2,100 Rent expense +$1,800 Rent +$2,100 Cash-$2,100 Rent -300 Rent expense -$300

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