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TI In Page Layout TOM HVIEW View www 4411 B Spa El Pepe Com Gigs Put View We w Show Zomoto Select w Ang Www WinWin Wind ther View Man 02 H TI 10 Background The following information relates to Fanning's Electronics on December 21, 2017. The company, which uses the calendar year as its annual reporting period Initially records paid and earned items in balance accounts fets and abilities, respectively 2. The company's weekly $1.750, padech indatorate day worwerk, umetcember 2012. on Monday, but the employees wil oot be paid that was until Friday, January, 20. b. Eighteen months after an luly 1, 2016. The company purchased equipment that cost $20,000. its effes predicted to be fityer, at which time the equipment expected to be worth (sero salvage value c. on October 1, 2017. The compared to work on a new windoet. The company pod 120.000 on October in advance of future installation of natur systems in 24 new home The $120,000 was credited to the neared Services Hervene account between October 1 December , work on 20 homes was completed d. on September 1, 2017, the company purchased a 12 month murance policy for $1.000. The transaction was recorded with a $1.000 bit to Prepaid in On December 20, 2017, the company completed 5.000 ervice that has not been hited or recorded as of December 31, 2017, Hequired 1. Prepare any necessary adjusting journal entries on December 11, 2017 in relation to transactions and events through e. Remesele afection courant 24 25 Defoe TIPS for So Adjusting Journal Entries Prepare-Account Eestis TI In Page Layout TOM HVIEW View www 4411 B Spa El Pepe Com Gigs Put View We w Show Zomoto Select w Ang Www WinWin Wind ther View Man 02 H TI 10 Background The following information relates to Fanning's Electronics on December 21, 2017. The company, which uses the calendar year as its annual reporting period Initially records paid and earned items in balance accounts fets and abilities, respectively 2. The company's weekly $1.750, padech indatorate day worwerk, umetcember 2012. on Monday, but the employees wil oot be paid that was until Friday, January, 20. b. Eighteen months after an luly 1, 2016. The company purchased equipment that cost $20,000. its effes predicted to be fityer, at which time the equipment expected to be worth (sero salvage value c. on October 1, 2017. The compared to work on a new windoet. The company pod 120.000 on October in advance of future installation of natur systems in 24 new home The $120,000 was credited to the neared Services Hervene account between October 1 December , work on 20 homes was completed d. on September 1, 2017, the company purchased a 12 month murance policy for $1.000. The transaction was recorded with a $1.000 bit to Prepaid in On December 20, 2017, the company completed 5.000 ervice that has not been hited or recorded as of December 31, 2017, Hequired 1. Prepare any necessary adjusting journal entries on December 11, 2017 in relation to transactions and events through e. Remesele afection courant 24 25 Defoe TIPS for So Adjusting Journal Entries Prepare-Account Eestis