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Please answer the followinga.Office supplies on hand,$ 165$165b.Rent of one month has been used. (Hint: See the secondDec.Dec. 1 transaction.)c.Determine the depreciation on the building

Please answer the followinga.Office supplies on hand,$ 165$165b.Rent of one month has been used. (Hint: See the secondDec.Dec. 1 transaction.)c.Determine the depreciation on the building using straight-line depreciation. Assume the useful life of the building isfivefive years and the residual value is$ 5 comma 000$5,000. (Hint: The building was purchased onDecemberDecember 1.)d.$ 400$400 of unearned revenue has now been earned. (Assume that the initial unearned revenue was recorded as a liability.)e.The employee who has been working the rental booth has earned$ 1 comma 250$1,250 in wages that will be paidJanuaryJanuary 15,20252025.f.Canyon CanoeCanyon Canoe has earned$ 1 comma 850$1,850 of canoe rental revenue that has not been recorded or received.g.Determine the depreciation on the canoes purchased onNovemberNovember 3 using straight-line depreciation. Assume the useful life of the canoes isfourfour years and the residual value is $0.h.Determine the depreciation on the canoes purchased onDecemberDecember 2 using straight-line depreciation. Assume the useful life of the canoes isfourfour years and the residual value is $0.i.Interest expense accrued on the notes payable,$ 50$50.

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Nov. 1 Received $16,000 cash to begin the company and issued common stock to Amber and Zack Nov. 2 Signed a lease for a building and paid $1,200 for the first month's rent Nov. 3 Purchased canoes for $4,800 on account Nov. 4 Purchased office supplies on account, $750 Nov. 7 Earned $1,400 cash for rental of canoes Nov. 13 Paid $1,500 cash for wages Nov. 15 Paid $50 dividends to stockholders Nov. 16 Received a bill for $150 for utilities. (Use separate payable account) Nov. 20 Received a bill for $175 for cell phone expenses. (Use separate payable account.) Nov. 22 Rented canoes to Early Start Daycare on account, $3,000 Nov. 26 Paid $1,000 on account related to the November 3, 2024, purchase Nov. 28 Received $750 from Early Start Daycare for canoe rental on November 22, 2024, Nov. 30 Paid $100 dividends to stockholders. Dec. 1 Amber and Zack contributed land on the river (worth $85,000) and a small building to use as a rental office (worth $35,000) in exchange for common stock

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