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please help me with these questions these are all after each other. it is not confusing The Orange Lily Law Firm prepays for advertising in

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these are all after each other. it is not confusing
The Orange Lily Law Firm prepays for advertising in the local newspaper. On January 1, the law firm paid $3,250 for six months of advertising. Orange Lily Law Firm recorded $3,250 in the Prepaid Advertising account if Orange Lily Law Firm had recorded their expenses using the other method, how much advertising expense would they have recorded for the two months ending February 28? Enter this value as a positive number. Secure Home provides house-sitting for people while they are away on vacation. Some of its customers pay immediately after the job is finished. Some customers ask that the business send them a bill. As of the end of the year, Secure Home has collected $1,980 from cash-paying customers. Secure Home's remaining customers owe the business $3,770. scure Home recorded $1,980 of service revenue for the year. If Secure Home had recorded their service revenue using the other method, how much service revenue would they have recorded for the year? Momentous Occasions received $3,310 for services to be performed for the next 8 months on March 31 and recorded this transaction using the Unearned Revenue account. If Momentous Occasions had recorded their service revenue using the other method, how much service revenue would they have recorded for the year? Sweet Catering completed the following selected transactions during May 2016: May 1: Prepaid rent for three months, $3,000 May 5: Received and paid electricity bill, $130 May 9: Received cash for meals served to customers, $50 May 14: Paid cash for kitchen equipment, $2,610 May 23: Served a banquet on account, $1,780 May 31: Made the adjusting entry for rent (from May 1). May 31: Accrued salary expense, $1,630 May 31: Recorded depreciation for May on kitchen equipment, S160 . of Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign. If Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign. 2 Identify whether each account would appear on the Balance Sheet or the Income Statement. Rent Expense Truck Service Revenue Interest Revenue Office Furniture Cash Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted balance and use a Bal, post reference to show the ending balance of each account Customers were billed for $1,400 for work completed. The Service Revenue unadjusted balance as of December 31 is $7,500. Adjustment Type: Accounts Receivable Service Revenue Used office supplies of $310. The Office Supplies unadjusted balance on December 31 is $8,300 Adjustment Type: Supplies Expense Office Supplies Used office supplies of $310. The Office Supplies unadjusted balance on December 31 is $8,300. Adjustment Type: Supplies Expense Office Supplies A two year insurance policy for $5,280 was purchased on November 1 of the current year. Record the transaction for the year ended December 31, Adjustment Type: Insurance Expense Prepaid Insurance Journalize the adjusting entry needed at December 31 for each situation. Use the Chart of Accounts to review account names! A two year insurance policy for $5,280 was purchased on November 1 of the current year. Record the transaction for the year ended December 31 Date Accounts and Explanation Debit Credit Employees earned $3,700 in salaries that will be paid next month. Date Accounts and Explanation Debit Credit incurred interest expense of $200 Date Accounts and explanation Debit Credit

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