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I need help with B, C, E 2 Your score: 40% Use the following information to calculate the dollar amount of each year-end adjustment for
I need help with B, C, E
2 Your score: 40% Use the following information to calculate the dollar amount of each year-end adjustment for Eman Shaaya Company as of December 31. No adjusting entries have been prepared during the year. REQUIRED: Enter a formula in each yellow cel. Each formula must contain cell references $7,800 $1,720 9 Credit 10 6,080 $1,000 $3,400 $700 a unadjusted balance in the Propaid Insurance account on December 31. Unexpired coverage as of December 31 Date General Journal Debit December 31 Insurance expense 6,080 Prepaid insurance 12 13. Supplies socount balance at beginning of year, 14 Supplies purchased during the year 15 Physical count of supplies at December 31 16 17 Date General Journal Debit 18 December 31 Supplies expense 19 Supplies 20 21 Balance in Ungarned revenue at beginning of year Cash received from customers in advance of performing services recorded as Unearned 22 revenue) 23 Portion of work completed as of December 31 24 Intruction Calculated Credit 50 $14,600 40% $700 Credit $0 $14,600 40% 2 Your score: 40% 15 Physical count of supplies at December 31. 16 17 Date General Journal Debit 18 December 31 Supplies expense 19 Supplies 20 21 Balance in Unearned revenue at beginning of year Cash received from customers in advance of performing services (recorded as Unearned 22 revenue) 23 Portion of work completed as of December 31 24 25 Date General Journal Debit 26 December 31 Unearned revenue Services revenue 28 29 d. Unadjusted balance in Prepaid Rent 30 Unexpired Prepaid rent as of December 31, 31 32 Date General Journal Debit 33 December 31 Rent expense 4.400 34 Prepaid rent Credit 27 $6,600 $2,200 Credit 4,400 Your score Prepaid rent 4,400 34 35 36 37 38 39 40 41 42 $49,000 $9,000 10 Cost of equipment purchased on January 1 of current year Estimated salvage value Estimated useful life (years) Date General Journal December 31 Depreciation expense Accumulated depreciation Debit Credit 43 87 AR Step by Step Solution
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