the 1st and 2nd Attachment are self explanatory . I have attached screenshots of the actual questions. I have a home depot PDF for question 3 as well,I have a PDF attachment that i can upload here so i sent it out home-support email, I have a pdf for question 3 that i cannot uploaded . However i also sent all the questions s..t@coursehero.com and i have attached the other the document to help answer question .
Security Service Company adjusts its accounts at the end of the month. On November 30, adjusting entries are prepared to record the following. a. Depreciation expense for November. b. Interest expense that has accrued during November. c. Revenue earned during November that has not yet been billed to customers. d. Salaries, payable to company employees, that have accrued since the last payday in November. e. The portion of the company's prepaid insurance that has expired during November. f. Earning a portion of the amount collected in advance from a customer, Harbor Restaurant. Indicate the effect of each of these adjusting entries on the major elements of the company's income statement and balance sheet- that is, on revenue, expenses, net income, assets, liabilities, and owners' equity. Organize your answer in tabular form, using the column headings shown and the symbols I for increase, D for decrease, and NE for no effect. The answer for adjusting entry a is provided as an example. Income Statement Balance Sheet Adjusting Entry Revenue Expenses = Net Income Assets = Liabilities + Owners' Equity a. NE D D NE D b . C. d. e . f.Four types of adjusting entries were given below: Type I Converting Assets to Expenses Type II Converting Liabilities to Revenue Type III Accruing Unpaid Expenses Type IV Accruing Uncollected Revenue Complete the following table by indicating the effect of each adjusting entry type on the major elements ofthe income statement and balance sheet. Use the symbols Ifor increase, D for decrease, and NE for no effect. I ne Tinancial statements Of Home Depot, Inc., appear in Appendix A at the end of this textbook. Examine the company's consolidated balance sheet and identify specific accounts that may have required adjusting entries at the end of the year. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) ? Receivables 2 Merchandise inventories ? Other current assets ? Cash ? Accrued salaries and related expenses ? Sales taxes payable ? Deferred revenue ? Common stock ? Current installments of long-term debt ? Other accrued expenses ? Deferred income taxes ? Long-term debt, excluding current installments 2 Income taxes payable ? Property and equipment ? Goodwill
