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I mainly need help with the last 6 adjustments. ANSACTIONS: ansactions during the month of January: DATE Mrs. DeWitt started an accounting business on January

I mainly need help with the last 6 adjustments. image text in transcribed
ANSACTIONS: ansactions during the month of January: DATE Mrs. DeWitt started an accounting business on January 1, 2018. She had the following TRANSACTION 1/1 Stockholders invested cash in the business in exchange for common stock $ 162,000 $ 2,580 s 4.500 month, and the amount given is for both months. In addition, only February is considered to8,600 1/2 Paid cash for a one year insurance policy 1/2 Purchased equipment on account. Paid office rent for the months of January and February. (Note: The same amount is paid each 1/3 be paid in advance) 14 |Borrowed cash from the bank by signing a 2-year, 6%, Note 1/6 Received cash from a customer for work to be performed in January and February 1/9 Performed services for customers on account. 1/12 Paid part of the amount due from the purchase of equipment on Jan 2nd 1/20 Purchased supplies on 1/30 Received cash from clients billed on Jan 9th 1/30 Billed clients for services performed in January $ 30,400 s 5,180 $ 3,800 $1,000 $ 1,500 $3,500 $ 5,200 account In preparation of the monthly financial statements, the following adjusting entries need to be made: 1/31 One month of interest on the note has been incurred and will be paid at maturity 1/31 One month of the insurance policy has expired 1/31 $800 of supplies purchased on Jan 20th are still on hand (not used). There are four (4) employees who each earn $1,700 per month, and are paid in the next month. 1/31 1/31 One quarter (1/4) of the services for the customer on Jan 6th have been performed 1/31 Equipment is depreciated each month. NOTE: if there is no amount for a transaction, you need to calculate it. 100

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