ntil score:7.45 of 10 pts Hw Score: 76.33%, 15.27 of 20 P3-34A (similar to) Help year. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Debit (a) Dec. 31 lowing data for the December 31 adjusting entries: ntries needed on December 31 for Carter Fishing Charters. Assume Carter records adj ect the explanation on the last line of the journal entry table.) December 20 for $150 but will not pay it until January 5. (Use the Utilities Payable acc Requirements 1. Journalize the adjusting entries needed on December 31 for Carter Fishing Charters. Assume Carter records adjusting entries only at the end of the year. 2. If Carter had not recorded the adjusting entries, indicate which specific category of accounts on the financial statements would be misstated and if the misstatement is overstated or understated. Print Done umber in the input fields and then click Check Answer. Clear All e ra rary The company received its electric bill on December 20 for $150 but will not pay it until January 5. (Use the Utilities Payable account.) a. $2,400. Carter re a debit to Prepaid Insurance c. As of 31, Carter had earned $3,000 of charter revenue that has not been recorded or reoeived Carter's fishing boat was purchased on January 1 at a cost of $51,500. Carter expects to use the boat for ten years and that it will have a residual value of d. $5,500 depreciation method is used On October 1, Carter received $7,500 prepayment for a deep-sea fishing the charter e. to take place in December. As of December 31, Carter has completed Choose from any list or enter any n