Question 12 [15 points] Vision Consulting Inc recented the following tractions dang Odober as well as some omstangasting transactions made with each transaction adjusting entry would cause an increase notect() on each of the components of the courting equation manca de component of the accounting equation also own the same componentenant account select() ALE Al mati and 31000 of the deceased by Odober 18 Cold S2.600 regarding a comer's October 16 5000 other purchased on creditorer tamation was found the damaged Vio Consulting ehed to the super di Odober 12 Von Consulting in collected $2.000 manat boro be done so we e) Almonth-end Abuilding Visa Consiglionis fented out for $1.250 eacher The Guns rent has not been received by the end Almonth-end Areview of the $12.00 ned balance in the prepaduce account shows Temang balance of $100 the end of the month October 25. Trus Goodalash holder recen share capitalis Vian Costine, herg 500 000 of equipment to the business N) A month end Property is of $200 hecorded At month and the estimated new deprecation on the forums 5000 A mothend Are of the dance in the applies account Shows and on and the end of the month of $35.700 Almont-end Accrued sales al mondo 3000 Doctober 251 200 individende deed and paid to the shareholders of the best m) October 18 on Consulting in purchased newegunttyparg 5750 Gari n) Almonth end 51 500 of the insurance policy purchased in advances are C) A mothend Awote 510 000 usted once the parent count thousanne balance of 13.500 at the end of the month Question 12 [15 points) Vision Consulting in recorded the following transactions during Odobes, as well as some requiring adjusting transactions a month and indicate whether och transaction or adjusting entry would use an increase (*) decreases no effect (NE) on each of the components of the accounting guston If a transaction causes a decrease in one component of the accounting equation and also an increase in the same component in and account, select() ALE NE At montent $1000 of the rent padin avance has expired October 18 Collected 2.800 regarding a credit customer's account c) October 14 $600 of furniture purchased on credit in an earlier transaction was found to be cured Vision Consulte umed to the su Odobe 12 Vision Consulting in collected $2.000 from a customer for work to be done in seks c) At month and Abling Vision Consulting inc own is rented out for $1250 each month The current month rent has not been recensed by month end n At mod Arow of the $12.000 usted balance in the prepad insurance account shows remaining balance 58 100 at the end of the month Q1 October 25 Travis Good as she received share capital in Vision Cong locatevetog $80,000 of equinto the bus ni Afrothend Property of $200 aveacred But unrecorded A month anda med monthly direction on the future: 5400 D At month and Avow of 536.000 raded in the supplies account shows a bace on Band the end of the month of 35 TOO At montrend Accrued as for the de 5 000 In October 2, 51200 in vends were declared and the shaders of m) Oct 18 Vision Coming in purchased augment by paying cash n) Atmonth-end 51.500 the Day purchased in advance has expired Athend ATO.000 ned bilance the prepard rent account shows a remaining balance of 513 500 at se end of the more Vision Consulting inc recorded the following transactions during October, as well as some doms requiring adjusting transaction at month end indicate with each ansaction or adjusting entry would cause an increase ( - ). decrease ( ). or has no effect (NE) on each of the components of the accounting equation atracion causes a decrease in one component of the accounting equation and also an increase in the same component but in a dittorent account sed(+) LE NE + NE a) At month and 51 000 of the rent paid in advance has excited b) October 18: Collected $2,600 regarding a credit customer's account c) October 14.S000 of furniture purchased on credit us an earlier transaction was found to be damaged Vision Consulting Inc retumed it to the supplier d) October 12 Vision Consulting in collected $2.000 from a customer for work to be done in sex works e) At month-end Abuilding Vision Consulting in owns is rented out for $1.250 each month The current month's rent has not been received by month-end 1) At month-end A review of the $12.000 unadjusted balance in the prepaid insurance account shows remaining balance of $8.00 at the end of the month 9) October 25. Travis Goodall ta shareholder), received share captain Vision Consulting in for weig $90,000 of equipment into the business h) At month-end Property taxes of $200 have accrued but are recorded 1) At month and The estimated monthly depreciation on the future is 5000 1) At month-end A review of the $36.000 unadusted balance in the supplies account shows a hard the end of the month of 535,700 k) At month-end Accrued sales at month end totalled $3.000 1) October 2 51200 in dividends were declared and paid to the shareholders of me business m) October 18 Vision Consulting Inc purchased new equipment by paying $750 cash . n) At month-end $1500 of the insurance policy purchased in advance acred o) Atmonth-end A review of the S18000 unadjunted balance in the prepaid for account shows a remaning balance of $13.500 at the end of the month NE NE NE INS