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please check my answer and put the correct sign Ersysnjnoge robten 1 Effects of Adjusting Entries on the Accounting Equation 24 points The accounts for
please check my answer and put the correct sign
Ersysnjnoge robten 1 Effects of Adjusting Entries on the Accounting Equation 24 points The accounts for Dx Com of accounts is a series of adjustments number(s) of the account(s) under the r ffects on th uns) udc pany are listed below, identified by number. Following the list cspective section of the accounting equation and show the DX Compan prepared by DX Company. For each adjustment, enter the parentheses around the ing equation by placing a + sign if the adjustment increases or ) account number if the adjustment decreases the accounting equation there are no dollar amounts used in the problem the net income column has been int Balances Sheet balances. fted. Show the correct effect in the Stockholders' Equity column so the Cash 2.Accounts Receivable 3.Prepaid Rent 4.Office Supplies 5.Automobiles 6Accumulated Depreciation Capita 12. Retained Earnings .---Interest Revenue 14, Service Revenue 15. Office Supplies Expense . 16. Rent Expense 17. Salaries and Wages Expense .18. Depreciation Expense 19. Interest Expense 20. Income Tax Expense 2D Accounts Payable 8. Unearned Service Revenue 9.Salaries and Wages Payable MO.Income Tax Payable ( piu INCOME STATEMENT Expenses BALANCE SHEET Assets T= Liabilities--+ Stockholders' Revenues Equity a. Recognized services earned for payments received the previous month Recognized depreciation expense for the current onth c. Recognized office supplies used during the 4) month ncome tax expense services to clients that Accrued wages earned d. Recorded monthly e. Provided consulting will pay next month y employees to be paid hext monthStep by Step Solution
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