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Terry Mason arganized The Fift Sesson at the beginning of February 20v4. During February, The Fifth Season entared into the following transactions: 3. Terry Mason

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Terry Mason arganized The Fift Sesson at the beginning of February 20v4. During February, The Fifth Season entared into the following transactions: 3. Terry Mason iffested 528,375 in The Finth Season in exchange for common stock, b. Paid 57,770 on February 1 for an insurance premium on a 1-year policy. c. Purcharad supples on sccount, $3,160. di fecelved foes of $47,200 during februsry. e. Paid expenses as follows: woges, 518,600 ; rent, $3,100; weilites, 51,550; and miscelianeous, 51,705 . 7. Paid dividends of 58,375 . The transactions above have already besn recorded in the integrated financlal statement framework below. Record the adjusting antries at the end of February to record the insurance expense and wpplies expense. There was 52,544 of supplies on hand as of February za. zdentify the nojusting antry for insurance os (a2) and supples as (a2). Use the integrated fnancil statement, fremework below. After eoch thansoctien, enter s balonce for osch item. If an amount box does not require an antry, leave it bianks if required, round your answer to the nearest dollac Enter account docrebses as negative amounts. Terry Mason arganized The Fift Sesson at the beginning of February 20v4. During February, The Fifth Season entared into the following transactions: 3. Terry Mason iffested 528,375 in The Finth Season in exchange for common stock, b. Paid 57,770 on February 1 for an insurance premium on a 1-year policy. c. Purcharad supples on sccount, $3,160. di fecelved foes of $47,200 during februsry. e. Paid expenses as follows: woges, 518,600 ; rent, $3,100; weilites, 51,550; and miscelianeous, 51,705 . 7. Paid dividends of 58,375 . The transactions above have already besn recorded in the integrated financlal statement framework below. Record the adjusting antries at the end of February to record the insurance expense and wpplies expense. There was 52,544 of supplies on hand as of February za. zdentify the nojusting antry for insurance os (a2) and supples as (a2). Use the integrated fnancil statement, fremework below. After eoch thansoctien, enter s balonce for osch item. If an amount box does not require an antry, leave it bianks if required, round your answer to the nearest dollac Enter account docrebses as negative amounts

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