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I want the answer and the process, Thank you! Following are two income statements for Alexis Co. for the year ended December 31. The left
I want the answer and the process, Thank you!
Following are two income statements for Alexis Co. for the year ended December 31. The left number column is prepared before adjusting entries are recorded, and the right column is prepared after adjusting entries. The company records cash receipts and payments related to uneared and prepaid items in balance sheet accounts ALEXIS O Torce State For Year Ended December 31 The Adjusted Fees are 120.000 130,000 4200 42.500 Total ree 352500 Depes-Cune Depreciation of Salis expense Tapete Rent me Officepoli ap Aretin e Utilitis expen Total . 12.500 . 4. SO 1.500 1.750 14.950 1.300 4.500 400 3.000 1.320 10 1.250 sa, 700 Analyze the statements and prepare the seven adjusting entries that likely were recorded. Hunt Entry for a refers to fees that have been earned but not yet billed. None of the entries involve cash View transaction list Journal entry worksheet Record the adjusting entry related to utilities. Note: Enter debits before credits. General Journal Event Debit Credit 9 Journal entry worksheet Journal entry worksheet 7 5 Record the adjusting entry for accrued revenues. Record the adjusting entry related to save Not: Er det before credits Note: Enter debits before credits Event General Journal Debit C Event d General Journal Debit Credit a Journal entry worksheet Record depreciation on computers. Journal entry worksheet 2 3 7 Note: Enter debits before credits Record the adjusting entry related to insurance General Journal Debit Event b Note debits before credits General Journal Debe Credit View transaction list Journal entry worksheet 2 5 6 7 Journal entry worksheet Record depreciation on office furniture Record the adjusting entry related to utilities. Note: Enter debits before credits. General Journal Event Debit Credit 9 Journal entry worksheet Journal entry worksheet 7 5 Record the adjusting entry for accrued revenues. Record the adjusting entry related to save Not: Er det before credits Note: Enter debits before credits Event General Journal Debit C Event d General Journal Debit Credit a Journal entry worksheet Record depreciation on computers. Journal entry worksheet 2 3 7 Note: Enter debits before credits Record the adjusting entry related to insurance General Journal Debit Event b Note debits before credits General Journal Debe Credit View transaction list Journal entry worksheet 2 5 6 7 Journal entry worksheet Record depreciation on office furniture
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