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thank you!! Chapter 2 Assessment i Saved 22 On May 1, 2018, Stokes Company paid Eastport Rentals $39,000 for a 12-month lease on warehouse space.

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Chapter 2 Assessment i Saved 22 On May 1, 2018, Stokes Company paid Eastport Rentals $39,000 for a 12-month lease on warehouse space. Required a. Record the deferral and the related December 31, 2018, adjustment for Stokes Company in the accounting equation. Chapter 2 Assessment Saved Complete this question by entering your answers in the tabs below. 22 Required A Required B Record the deferral and the related December 31, 2018, adjustment for Eastport Rentals in the accounting equation. (Do not round intermediate calculations and round your final answer to nearest whole dollar. Enter any decreases to account balances with a minus sign.) EASTPORT RENTALS Accounting Equation - 2018 Assets Liabilities + Stockholders' Equity Event Cash Unearned Revenue + Common Retained Stock Earnings Received 12 months rent Earned 8 months rent Chapter 2 Assessment @ Saved 22 On May 1, 2018, Stokes Company paid Eastport Rentals $39,000 for a 12-month lease on warehouse space. Required Chapter 2 Assessment @ Saved 22 Complete this question by entering your answers in the tabs below. Required A Required B Record the deferral and the related December 31, 2018, adjustment for Stokes Company in the accounting equation. (Do not round intermediate calculations and round your final answer to nearest whole dollar. Enter any decreases to account balances with a minus sign.) STOKES COMPANY Accounting Equation - 2018 Assets Liabilities + Stockholders' Equity Event Cash Prepaid Rent + Common Retained Stock Earnings Paid 12 months rent + + Adjustment for 8 months used E

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