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i ONLY NEED 1B, 2B, 3B, and 4B solved please PE 3-1B Accounts requiring adjustment Indicate with a Yes or No whether or not each

image text in transcribedi ONLY NEED 1B, 2B, 3B, and 4B solved please

PE 3-1B Accounts requiring adjustment Indicate with a Yes or No whether or not each of the following accounts normally re- quires an adjusting entry: a. Building b. Cash EE3-1 p 1OS OBJ. 1 c. Interest Expense d. Miscellaneous Expense e. Common Stock ME HOW Prepaid Insurance PE 3-2A Classify the following items as (1) prepaid expense, (2) unearned revenue, 3) accrued revenue, or (4) accrued expense a. Cash received for services not yet rendered c. Rent revenue eamed but not received b. Insurance paid for the next year EE 3-2 p 109 Type of adjustment OBJ. 1 ME HOW d. Salaries owed but not yet paid PE 3-2B Type of adjustment Classify the following items as (1) prepaid expense, (2) unearned revenue, 3) accrued revenue, or (4) accrued expense a. Cash received for use of land next month c. Rent expense owed but not yet paid b. Fees earned but not received EE3-2 p 109 OBJ. 1 ME HOW d. Supplies on hand PE 3-3A The supplies account had a beginning balance of $3,375 and was debited for $6,450 for supplies purchased during the year. Journalize the adjusting entry required at the end of the year, assuming the amount of supplies on hand is $2,980 EE3-3 p 112 Adjustment for prepaid expense OBJ. 2 ME HOW PE 3-3B The prepaid insurance account had a beginning balance of $9,600 and was debited for $12,900 of premiums paid during the year. Journalize the adjusting entry required at the end of the year, assuming the amount of unexpired insurance related to future periods is $7,360. EE3-3 p 112 Adjustment for prepaid expense OBJ. 2 ME HOW PE 3-4A The balance in the unearned fees account, before adjustment at the end of the year, is 272,500. Journalize the adjusting entry required, assuming the amount of unearned fees at the end of the year is $189,750 EE3-4 p 113 Adjustment for unearned revenue OBJ. 2 EE 3-4 p 113 PE 3-4B On June 1, 2016, Herbal Co. received $18,900 for the rent of land for 12 months. Journal- ize the adjusting entry required for unearned rent on December 31, 2016. Adjustment for unearned revenue OBJ. 2 ME HOW

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