I need help solving this. i have to classify them on the Balance sheet, income statement, or cash flows. as well as doing the adjustments. thank you
AutoSave On Search ES 12 Fall 2020-21 ACCT 201 Project 1 - Proano (1).xlsx . Upload Pending File Home Insert View Formulas Page Layout Data Review Help E4 X A 5 Your Company was incorporated on January 1st. The business provides a full range of landscaping services, including landscape design, construction, and maintenance. The following transactions occurred during the first two 6 years of operations 7 8 760,752 9 10 1-Feb 159,758 7,417 11 16,737 12 33,321 13 608,602 14 139,218 15 11,126 16 108,027 17 18 Year 1 1-Jan Issued common stock in exchange for cash Borrowed money from the bank by signing a one-year note, at a rate of 10% 10-Mar Paid for advertisements to be run during the month 1-Apr Paid in advance for a one-year insurance policy 15-May Purchased supplies on account 1-Jun Landscaping equipment is purchased for cash 18-Jul Performed lawn mowing services for cash 1-Aug paid for maintenance on the lawn mowers in cash 20-Aug Performed landscaping services on account 1-Oct Paid in advance for two years of rent on a storage facility 30-Nov Received cash payment from a customer for future services (not yet performed) 15-Dec Paid two new employees for one month (four weeks) of work December 31st Adjustments: Eleven months of interest has accrued on the note (to be paid in cash on Feb 1st next vear Nine months have lapsed on the one-year Insurance policy A physical count of supplies at the end of the year reveals half of the supplies were used The equipment is estimated to have a useful life of five years and depreciation must be 25 recorded The rented storage facility has been used for three months Employees have worked for two weeks in the current year but won't be paid for another two weeks Facts Year 1 - Ledger Year 1 - Financials Year 2 - Ledger Year 2 - Financials 41,841 19 87.486 20 34,234 21 b 23 C 24 d e 26 f 27 Circular References Type here to search 15 2 De H- 5 BENE -F Bomedy Nina Foorum 1 19. 7 ITAL LA Paid in 14 Pahan PA we 13 Format LO Forever TA 110 SON the of the replies The piste een the past Empleo end IMUN AutoSave On Search ES 12 Fall 2020-21 ACCT 201 Project 1 - Proano (1).xlsx . Upload Pending File Home Insert View Formulas Page Layout Data Review Help E4 X A 5 Your Company was incorporated on January 1st. The business provides a full range of landscaping services, including landscape design, construction, and maintenance. The following transactions occurred during the first two 6 years of operations 7 8 760,752 9 10 1-Feb 159,758 7,417 11 16,737 12 33,321 13 608,602 14 139,218 15 11,126 16 108,027 17 18 Year 1 1-Jan Issued common stock in exchange for cash Borrowed money from the bank by signing a one-year note, at a rate of 10% 10-Mar Paid for advertisements to be run during the month 1-Apr Paid in advance for a one-year insurance policy 15-May Purchased supplies on account 1-Jun Landscaping equipment is purchased for cash 18-Jul Performed lawn mowing services for cash 1-Aug paid for maintenance on the lawn mowers in cash 20-Aug Performed landscaping services on account 1-Oct Paid in advance for two years of rent on a storage facility 30-Nov Received cash payment from a customer for future services (not yet performed) 15-Dec Paid two new employees for one month (four weeks) of work December 31st Adjustments: Eleven months of interest has accrued on the note (to be paid in cash on Feb 1st next vear Nine months have lapsed on the one-year Insurance policy A physical count of supplies at the end of the year reveals half of the supplies were used The equipment is estimated to have a useful life of five years and depreciation must be 25 recorded The rented storage facility has been used for three months Employees have worked for two weeks in the current year but won't be paid for another two weeks Facts Year 1 - Ledger Year 1 - Financials Year 2 - Ledger Year 2 - Financials 41,841 19 87.486 20 34,234 21 b 23 C 24 d e 26 f 27 Circular References Type here to search 15 2 De H- 5 BENE -F Bomedy Nina Foorum 1 19. 7 ITAL LA Paid in 14 Pahan PA we 13 Format LO Forever TA 110 SON the of the replies The piste een the past Empleo end IMUN
