please help.
Karta Tanner opened a web consulting business called Linkworks and recorded the following transactions in its first month of operations Apr. 1 Tanner invests $30,000 cash along with office equipment valued at $26,000 in the company in exchange for c on stock. Apr. 2 The company prepaid $9,000 cash for twelve months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 3 The company wade credit purchases for $8,000 in office equipment and $3, 60e in office supplies. Payment is due within 10 days. Apr. 6 The company completed services for a client and immediately received $4,000 cash. Apr. 9 The company completed a $6,000 project for a client who must pay within 30 days. Apr. 13 The company paid $11, 600 cash to settle the account payable created on April 3. Apr. 19 The company paid $2,400 cash for the premium on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 22 The company received $4,400 cash as partial payment for the work completed on April 9. Apr. 25 The company completed work for another client for $2,890 on credit. Apr 28 The company paid $5,500 cash individends. Apr. 29 The company purchased $600 of additional office supplies on credit. Apr. 30 The company paid $435 cash for this month's utility bill. Descriptions of items that require adjusting entries on April 30, follow. a) On April 2, the company prepaid $9.000 cash for twelve months' rent for office space. b) The balance in Prepaid insurance represents the premium paid for a 12-month insurance policy the policy's coverage began on April c) Office supplies on hand as of April 30 total $1.200. d) Straight-line depreciation of office equipment, based on a 5-year life and a $4,000 salvage value, is $500 per month e) The company has completed work for a client, but has not yet billed the $1.800 fee. n Wages due to employees, but not yet paid, as of April 30 total $2.600. Requirement General General Ledger Trasance St Retained Journal income Statement Impact on Earnings Balance Sheet Income Use the drop-downs to select the accounts properly included on the income statement. The unadjusted or adjusted balances will appear for each account, based on your selection c) Office supplies on hand as of April 30 total $1,200. d) Straight-line depreciation of office equipment, based on a 5-year life and a $4,000 salva e) The company has completed work for a client, but has not yet billed the $1,800 fee. f) Wages due to employees, but not yet paid, as of April 30 total $2,600. Requirement General Journal General Ledger Trial Balance Income statement st Retained Earnings Balance s Use the drop-downs to select the accounts properly included on the income statemen balances will appear for each account, based on your selection. Adjusted LINKWORKS Income Statement For Month Ended April 30, 2019 Revenues: Expenses OOOO Adjusted LINKWORKS Balance Sheet April 30, 2019 ASSETS Current assets: Plant assets: LIABILITIES AND EQUITY Liabilities: Equity 4. Nelain Requirement General Journal General Ledger Trial Balance Income St Retained Earnings Balance Sheet Impact on Income For each adjustment, Indicate the income statement and balance sheet account affected, and the impact on net income. If an adjustment caused net income to decrease, enter the amount as a negative value. Net income before adjustments can be found on the income statement tab.(Hint: Select unadjusted on the drop-down.) Show less Adjusted Account affecting the Impact on net income Balance Sheet Income Statement Adjusting entry related to: a) Rent b) Insurance c) Office supplies d) Depreciation e) Unbilled fees 1) Unpaid wages
