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reparing a Worlsheet TotalMarks:102WeightedValue:15YourTotalScoreWeightedValue0.00% Emma Nalic owner a wedding planning business need to make the final adjusting entries to prepare the end of year financial
reparing a Worlsheet TotalMarks:102WeightedValue:15YourTotalScoreWeightedValue0.00% Emma Nalic owner a wedding planning business need to make the final adjusting entries to prepare the end of year financial statements. No adjusting entries had been made during the year. 1. The hydro bill of $2,000 for December was received but not recorded or paid. 2 A new employee has been hired for $150 a day, with a 5 day week, and will start work on January 1 . 3 The Prepaid rent account represents 3 months rent paid October 1,2020 4. The Furniture was purchased January 1, 2019 and is expected to have a 4 year useful life with no salvage value. 5 The unearned sales revenue represents a prepayment on September 1,2020 for merchandise to be delivered over 6 , 6 Emma's employs 2 people, each who earn $125 a day and they work Monday to Friday. The year end of December 31 7 The office supplies on hand were counted and a value of $2000 was attributed to the remaining items
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