plsss helppp

Question 2 As a CPA you ae asked to assist in ensuring that their accounting records are properly prepared. Below t three parts are independent) . Part A - 16 Marks The following transactions for the year 2021 have already been recorded. The company isn't sure how to any adjusting entries on Dec 31,2021 in advance to assist in the proper closing of the books. A computer was purchased on January 1, 2019 for $1,600. The useful life of the computer is estimated On October 1, 2001, Alpha had paid $4,800 as rent for a six month period. This had been recorded as The amount of supplies available at the end of December was $200. The amount of supplies at the purchased during the year. Services were provided to a customer for $450. The cash was collected in advance on November 28, $10,000 was borrowed by signing a 12%, two year note on October 1, 2020. No interest on the note w Employee wages of $6,000 for December will be paid in January The Utilities consumption for Dec was not recorded since the invoice only will be send only in $1200/month Services were provided to a customer for $550 in December. The cash was collected in advance on . . . . A Part B - 9 Marks The Adjusted Trial Balance of Tech Service for December 2020 is found below You are require to prepare 2020 De w ht U T! a 18 ht Company Adjusted Trial Balance 31-Dec-20 DEBIT CREDIT CASH 12,000 Supplies 8,000 Equipement Net 12,000 Truck Net 35,000 Notes Payable 17,000 Capital Retained - 2 T N of ht In 0 60,000 Capital Retained Earning Beginning Service Revenue Supplies Expenses General Expenses TOTAL 5,000 5,000 77,000 77,000 Part C - 5 Marks URO Limited purchased merchandise on account for $100,000 with terms 2/10,n/30. Bagot utilizes the pe Required . How would the namont of the invoice he recorrer accumine the - Part C - 5 Marks URO Limited purchased merchandise on account for $100,000 with terms 2/10, n/30. Bagot utilizes the peri Required How would the payment of the invoice be recorded assuming the invoice is paid within the discount period? . What would the Journal entry be if the invoice is paid in a month's time For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B IVParagraph Arial 10pt I % X X & B T Te T2 II v 03 > x Question 2 As a CPA you ae asked to assist in ensuring that their accounting records are properly prepared. Below t three parts are independent) . Part A - 16 Marks The following transactions for the year 2021 have already been recorded. The company isn't sure how to any adjusting entries on Dec 31,2021 in advance to assist in the proper closing of the books. A computer was purchased on January 1, 2019 for $1,600. The useful life of the computer is estimated On October 1, 2001, Alpha had paid $4,800 as rent for a six month period. This had been recorded as The amount of supplies available at the end of December was $200. The amount of supplies at the purchased during the year. Services were provided to a customer for $450. The cash was collected in advance on November 28, $10,000 was borrowed by signing a 12%, two year note on October 1, 2020. No interest on the note w Employee wages of $6,000 for December will be paid in January The Utilities consumption for Dec was not recorded since the invoice only will be send only in $1200/month Services were provided to a customer for $550 in December. The cash was collected in advance on . . . . A Part B - 9 Marks The Adjusted Trial Balance of Tech Service for December 2020 is found below You are require to prepare 2020 De w ht U T! a 18 ht Company Adjusted Trial Balance 31-Dec-20 DEBIT CREDIT CASH 12,000 Supplies 8,000 Equipement Net 12,000 Truck Net 35,000 Notes Payable 17,000 Capital Retained - 2 T N of ht In 0 60,000 Capital Retained Earning Beginning Service Revenue Supplies Expenses General Expenses TOTAL 5,000 5,000 77,000 77,000 Part C - 5 Marks URO Limited purchased merchandise on account for $100,000 with terms 2/10,n/30. Bagot utilizes the pe Required . How would the namont of the invoice he recorrer accumine the - Part C - 5 Marks URO Limited purchased merchandise on account for $100,000 with terms 2/10, n/30. Bagot utilizes the peri Required How would the payment of the invoice be recorded assuming the invoice is paid within the discount period? . What would the Journal entry be if the invoice is paid in a month's time For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B IVParagraph Arial 10pt I % X X & B T Te T2 II v 03 > x