Using the form below, record each of the following transactions for Mayer Corporation during the year ending December 31, Year 1 Required: a. November 1: Received cash from clients for services to be performed over the next six months, $13,000 b. November 1: Paid $2,100 for a 12-month insurance policy c. December 31: Recorded expiration of two months of the insurance d. December 31: Earned $4,300 of the amount received from clients in November Note: Enter any decreases to account balances with a minus sign. Leave cells blank if no input is needed. Event a. b. C. d. Cash + + Supplies + + + Assets + + + + + MAYER CORPORATION The Accounting Equation Prepaid Insurance 11 |||| Accounts Payable Liabilities + + + Unearned Revenue + + + + + Stockholders' Equity Common Stock + + + Retained Earnings

Using the form below, record each of the following transactions for Mayer Corporation during the year ending December 31 , Year Required: a. November 1: Recelved cash from clients for services to be performed over the next six months, $13,000 b. November 1: Paid $2,100 for a 12 -month insurance policy c. December 31: Recorded expiration of two months of the insurance d. December 31: Earned $4,300 of the amount received from clients in November Note: Enter any decreases to account balances with a minus sign. Leave cells blank if no input is needed