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need help with easy accounting question asap Current Attempt in Progress On December 31, 2025, a company prepared an income statement and balance sheet and
need help with easy accounting question asap Current Attempt in Progress On December 31, 2025, a company prepared an income statement and balance sheet and failed to include three adjusting entries. Th incorrect income statement showed net income of $40,000. The balance sheet showed total assets, $130,000; total liabilities, $60,000; and stockholders' equity, $70,000. The data for the three adjusting entries were: (1) Depreciation of $9,000 was not recorded on equipment. (2) Salaries and wages amounting to $10,000 for the last two days in December were not paid and not recorded. The next payroll will be in January. (3) Rent of $8,000 was paid for two months in advance on December 1 . The entire amount was debited to Prepaid Rent when paid. Complete the following tabulation to correct the financial statements. (If an amount reduces the column then enter using either a negative sign preceding the number es. -45 or porentheses es. (45)J (3) Rent of $8,000 was paid for two months in advance on December 1. The entire amount was debited to Prepaid Rent when paid. Complete the following tabulation to correct the financial statements. (f an amount reduces the column then enter using either o negotive sign preceding the number eg -45 or parentheses eg (45) Complete the following tabulation to correct the financial staternents, (lf an amount reduces the column then enter using cither a negathe sign preceding the number es, -45 or parentheseses. (45)]. Attempts: 0 of 2 used
need help with easy accounting question asap
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