Required: 1. Compute the dollar amount of the weekly payroll. per week 2. Identity and analyze the transaction on Friday, September 26, for the payment of the weekly payroll Activity Accounts Statement(s) How does this entry affect the accounting equation? a financial statementem is not affected, select "No Entry and leave the amount box blank. If the effect on a financial Matement fem is negative , a decrease be sure to enter the answer with a minus Balance sheet Income Statement Stockholders' 3. Denton prepares monthly Financial statements. Identify and analyze the adjustment on Tuesday, September 30, the last day of the month Activity Accounts Statement(s) How does this entry affect the accounting equation? How does this entry affect the accounting equation? If a financial statement item is not affected, select 'No Entry and leave the amount box blank. If the effect on a financial statement tem is negative,., a decrease be sure to enter the answer with a minus sign Balance Sheet Income Statement Stockholders Assets Liabilities 4. Identify and analyze the transaction on Friday, October , for the payment of the weekly payrol Activity Accounts Statement(s) How does this entry affect the accounting equation? If a financial statement tem is not affected, select "No Entry and leave the amount box blank. If the effect on a financial statement com is negative, a decrease be sure to enter the answer with a minus sign Balance Sheet Income Statement Stockholders' Assets 5. Will net income for the month of September be understated or overstated if Brunton doesn't bother with an adjustment on September 307 Required: 1. Compute the dollar amount of the weekly payroll. per week 2. Identity and analyze the transaction on Friday, September 26, for the payment of the weekly payroll Activity Accounts Statement(s) How does this entry affect the accounting equation? a financial statementem is not affected, select "No Entry and leave the amount box blank. If the effect on a financial Matement fem is negative , a decrease be sure to enter the answer with a minus Balance sheet Income Statement Stockholders' 3. Denton prepares monthly Financial statements. Identify and analyze the adjustment on Tuesday, September 30, the last day of the month Activity Accounts Statement(s) How does this entry affect the accounting equation? How does this entry affect the accounting equation? If a financial statement item is not affected, select 'No Entry and leave the amount box blank. If the effect on a financial statement tem is negative,., a decrease be sure to enter the answer with a minus sign Balance Sheet Income Statement Stockholders Assets Liabilities 4. Identify and analyze the transaction on Friday, October , for the payment of the weekly payrol Activity Accounts Statement(s) How does this entry affect the accounting equation? If a financial statement tem is not affected, select "No Entry and leave the amount box blank. If the effect on a financial statement com is negative, a decrease be sure to enter the answer with a minus sign Balance Sheet Income Statement Stockholders' Assets 5. Will net income for the month of September be understated or overstated if Brunton doesn't bother with an adjustment on September 307
