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Question 1 The following is a list of concepts in the left column, with a description of the concept in the right column. There are more descriptions provided than concepts.Match the description of the concept to the concept. Concept Description 1. Cash-basis accounting. select a description                               2. Fiscal year. select a description                               3. Revenue recognition principle. select a description                               4. Expense recognition principle. Question 2 The ledger of Wildhorse, Inc. on March 31, 2022, includes the following selected accounts before adjusting entries. Debit Credit Prepaid Insurance $2,300 Supplies 2,500 Equipment 30,800 Unearned Service Revenue $9,100 An analysis of the accounts shows the following. 1. Insurance expires at the rate of $460 per month. 2. Supplies on hand total $1,500. 3. The equipment depreciates $400 per month. 4. During March, services were performed for two-fifths of the unearned service revenue. Prepare the adjusting entries for the month of March. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Mar. 31 enter an account title to record insurance expired on March 31 enter a debit amount enter a credit amount enter an account title to record insurance expired on March 31 enter a debit amount enter a credit amount (To record insurance expired) 2. Mar. 31 enter an account title to record supplies used on March 31 enter a debit amount enter a credit amount enter an account title to record supplies used on March 31 enter a debit amount enter a credit amount (To record supplies used) 3. Mar. 31 enter an account title to record monthly depreciation on March 31 enter a debit amount enter a credit amount enter an account title to record monthly depreciation on March 31 enter a debit amount enter a credit amount (To record monthly depreciation) 4. Mar. 31 enter an account title to record revenue for services provided on March 31 enter a debit amount enter a credit amount enter an account title to record revenue for services provided on March 31 enter a debit amount enter a credit amount (To record revenue for services provided) Question 3 Oriole Computer Services began operations in July 2022. At the end of the month, the company prepares monthly financial statements. It has the following information for the month. 1. At July 31, the company owed employees $1,700 in salaries that the company will pay in August. 2. On July 1, the company borrowed $21,100 from a local bank on a 10-year note. The annual interest rate is 12%. Interest is paid annually. 3. Service revenue unrecorded in July totaled $2,400. Prepare the adjusting entries needed at July 31, 2022. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. July 31 enter an account title to record accrued salaries on July 31 enter a debit amount enter a credit amount enter an account title to record accrued salaries on July 31 enter a debit amount enter a credit amount (To record accrued salaries) 2. July 31 enter an account title for the journal entry on July 31 enter an account title to record accrued interest on July 31 enter a credit amount enter an account title for the journal entry on July 31 enter an account title to record accrued interest on July 31 enter a credit amount (To record accrued interest) 3. July 31 enter an account title for the journal entry on July 31 enter an account title to record revenue for service performed on July 31 enter a credit amount enter an account title for the journal entry on July 31 enter an account title to record revenue for service performed on July 31 enter a credit amount (To record revenue for service performed) Question 4 Sunland Company was organized on April 1, 2022. The company prepares quarterly financial statements. The adjusted trial balance at June 30 is shown here. Debit Credit Cash $ 6,400 Accumulated Depreciation—Equipment $ 700 Accounts Receivable 480 Notes Payable 4,300 Prepaid Rent 1,200 Accounts Payable 800 Supplies 800 Salaries and Wages Payable 400 Equipment 11,600 Interest Payable 60 Owner’s Drawings 400 Unearned Rent Revenue 400 Salaries and Wages Expense 7,300 Owner’s Capital 11,380 Rent Expense 1,700 Service Revenue 11,700 Depreciation Expense 700 Rent Revenue 1,400 Supplies Expense 200 $31,140 Utilities Expense 300 Interest Expense 60 $31,140 (a) Determine the net income for the quarter April 1 to June 30. Net income $enter the net income amount in dollars  Question 5 Sandhill Advertising Company’s trial balance at December 31 shows Supplies $8,000 and Supplies Expense $0. On December 31, there are $2,900 of supplies on hand.Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 enter an account title for the adjusting entry on December 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on December 31 enter a debit amount enter a credit amount Supplies choose a transaction date                             enter a debit amount choose a transaction date                             enter a credit amount choose the end date of the accounting period                             enter a debit balance choose the end date of the accounting period                             enter a credit balance Supplies Expense choose a transaction date                             enter a debit amount choose a transaction date                             enter a credit amount Question 6 On July 1, 2022, Crane Co. pays $15,000 to Swifty Insurance Co. for a 4-year insurance contract. Both companies have fiscal years ending December 31.For Crane Co., journalize and post the entry on July 1 and the annual adjusting entry on December 31. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit choose a transaction date                             enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount choose a transaction date                             enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount Prepaid Insurance enter a credit balance                             enter a debit amount enter a credit balance                             enter a credit amount enter a credit balance                             enter a debit balance enter a credit balance                             enter a credit balance Insurance Expense enter a credit balance                             enter a debit amount enter a credit balance                             enter a credit amount Question 7 Margaret Moore, D.D.S., opened a dental practice on January 1, 2022. During the first month of operations, the following transactions occurred. 1. Performed services for patients who had dental plan insurance. At January 31, $880 of such services was completed but not yet billed to the insurance companies. 2. Utility expenses incurred but not paid prior to January 31 totaled $700. 3. Purchased dental equipment on January 1 for $81,000, paying $20,000 in cash and signing a $61,000, 3-year note payable (interest is paid each December 31). The equipment depreciates $405 per month. Interest is $610 per month. 4. Purchased a 1-year malpractice insurance policy on January 1 for $26,400. 5. Purchased $1,500 of dental supplies (recorded as increase to Supplies). On January 31, determined that $400 of supplies were on hand. Prepare the adjusting entries on January 31. Account titles are Accumulated Depreciation—Equipment, Depreciation Expense, Service Revenue, Accounts Receivable, Insurance Expense, Interest Expense, Interest Payable, Prepaid Insurance, Supplies, Supplies Expense, Utilities Expense, and Utilities Payable. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Jan. 31 enter an account title for the adjusting entry on January 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on January 31 enter a debit amount enter a credit amount 2. Jan. 31 enter an account title for the adjusting entry on January 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on January 31 enter a debit amount enter a credit amount 3. Jan. 31 enter an account title to record monthly depreciation on January 31 enter a debit amount enter a credit amount enter an account title to record monthly depreciation on January 31 enter a debit amount enter a credit amount (To record monthly depreciation.) Jan. 31 enter an account title to record interest on notes payable on January 31 enter a debit amount enter a credit amount enter an account title to record interest on notes payable on January 31 enter a debit amount enter a credit amount (To record interest on Notes payable.) 4. Jan. 31 enter an account title for the adjusting entry on January 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on January 31 enter a debit amount enter a credit amount 5. Jan. 31 enter an account title for the adjusting entry on January 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on January 31 enter a debit amount enter a credit amount Question 8 The trial balance for Wildhorse Advertising is shown below. Wildhorse AdvertisingTrial BalanceOctober 31, 2022 Debit Credit Cash $15,000 Supplies 2,900 Prepaid Insurance 800 Equipment 5,500 Notes Payable $4,400 Accounts Payable 2,700 Unearned Service Revenue 1,800 Owner’s Capital 10,200 Owner’s Drawings 600 Service Revenue 11,000 Salaries and Wages Expense 4,400 Rent Expense 900 $30,100 $30,100 Assume the following adjustment data. 1. Supplies on hand at October 31 total $600. 2. Expired insurance for the month is $160. 3. Depreciation for the month is $70. 4. Services related to unearned service revenue in October worth $600 were performed. 5. Services performed but not recorded at October 31 are $300. 6. Interest to be accrued at October 31 is $70. 7. Salaries to be accrued at October 31 are $1,000. Prepare the adjusting entries for the items above. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Oct. 31 enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount 2. Oct. 31 enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount 3. Oct. 31 enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount 4. Oct. 31 enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount 5. Oct. 31 enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount 6. Oct. 31 enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount 7. Oct. 31 enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on October 31 enter a debit amount enter a credit amount Question 9 Sheridan Company has the following balances in selected accounts on December 31, 2022. Accounts Receivable $ 0 Accumulated Depreciation—Equipment Equipment 8,000 Interest Payable Notes Payable 11,000 Prepaid Insurance 2,280 Salaries and Wages Payable Supplies 2,800 Unearned Service Revenue 31,000 All the accounts have normal balances. The information below has been gathered at December 31, 2022. Interest will be paid when the note is repaid. 1. Sheridan Company borrowed $10,700 by signing a 9%, one-year note on September 1, 2022. 2. A count of supplies on December 31, 2022, indicates that supplies of $930 are on hand. 3. Depreciation on the equipment for 2022 is $1,200. 4. Sheridan paid $2,280 for 12 months of insurance coverage on June 1, 2022. 5. On December 1, 2022, Sheridan collected $31,000 for consulting services to be performed evenly from December 1, 2022, through March 31, 2023. 6. Sheridan performed consulting services for a client in December 2022. The client will be billed $4,500. 7. Sheridan pays its employees total salaries of $5,100 every Monday for the preceding 5-day week (Monday through Friday). On Monday, December 29, employees were paid for the week ending December 26. All employees worked the last 3 days of 2022. Prepare adjusting entries for the seven items described above. Devin Wolf prepares adjustments annually. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 2. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 3. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 4. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 5. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 6. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 7. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount Question 10 The ledger of Cullumber Rental Agency on March 31 of the current year includes the following selected accounts, before adjusting entries have been prepared. Debit Credit Prepaid Insurance $ 6,000 Supplies 3,200 Equipment 25,000 Accumulated Depreciation—Equipment $ 7,840 Notes Payable 22,000 Unearned Rent Revenue 9,300 Rent Revenue 58,000 Interest Expense Salaries and Wages Expense 19,000 An analysis of the accounts shows the following. 1. The equipment depreciates $560 per month. 2. One-third of the unearned rent revenue was earned during the quarter. 3. Interest of $550 should be accrued on the notes payable. 4. Supplies on hand total $620. 5. Insurance expires at the rate of $500 per month. Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. Additional accounts are Depreciation Expense, Insurance Expense, Interest Payable, and Supplies Expense. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Mar. 31 enter an account title for the adjusting entry on March 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on March 31 enter a debit amount enter a credit amount 2. Mar. 31 enter an account title for the adjusting entry on March 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on March 31 enter a debit amount enter a credit amount 3. Mar. 31 enter an account title for the adjusting entry on March 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on March 31 enter a debit amount enter a credit amount 4. Mar. 31 enter an account title for the adjusting entry on March 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on March 31 enter a debit amount enter a credit amount 5. Mar. 31 enter an account title for the adjusting entry on March 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on March 31 enter a debit amount enter a credit amount Question 11 A partial adjusted trial balance of Pharoah Company at January 31, 2022, shows the following. PHAROAH COMPANYAdjusted Trial BalanceJanuary 31, 2022 Debit Credit Supplies $ 900 Prepaid Insurance 1,800 Salaries and Wages Payable $ 900 Unearned Service Revenue 650 Supplies Expense 800 Insurance Expense 300 Salaries and Wages Expense 3,200 Service Revenue 2,400 Answer the following questions, assuming the year begins January 1.(a) If the amount in Supplies Expense is the January 31 adjusting entry and $1,100 of supplies was purchased in January, what was the balance in Supplies on January 1? Supplies balance $enter the amount of supplies balance in dollars  (b) If the amount in Insurance Expense is the January 31 adjusting entry and the original insurance premium was for 1 year, what was the total premium and when was the policy purchased? Total premium $enter the total premium in dollars    Purchase date select a purchase date                             (c) If $3,100 of salaries owed were paid in January, what was the balance in Salaries and Wages Payable at December 31, 2021? Salaries and wages payable $enter the balance in salaries and wages payable in dollars  Question 12 The trial balances before and after adjustment for Cullumber Company at the end of its fiscal year are presented below. CULLUMBER COMPANYTrial BalanceAugust 31, 2022 BeforeAdjustment AfterAdjustment Dr. Cr. Dr. Cr. Cash $10,300 $10,300 Accounts Receivable 8,500 10,000 Supplies 2,300 500 Prepaid Insurance 4,000 2,600 Equipment 12,300 12,300 Accumulated Depreciation—Equipment $ 3,400 $ 4,400 Accounts Payable 5,800 5,800 Salaries and Wages Payable 1,000 Unearned Rent Revenue 1,500 700 Owner’s Capital 13,800 13,800 Service Revenue 33,900 35,400 Rent Revenue 10,800 11,600 Salaries and Wages Expense 16,900 17,900 Supplies Expense 1,800 Rent Expense 14,900 14,900 Insurance Expense 1,400 Depreciation Expense   1,000   $69,200 $69,200 $72,700 $72,700 Prepare the adjusting entries that were made. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Aug. 31 enter an account title to record revenue for services performed on August 31 enter a debit amount enter a credit amount enter an account title to record revenue for services performed on August 31 enter a debit amount enter a credit amount (To record revenue for services performed) Aug. 31 enter an account title to record supplies used on August 31 enter a debit amount enter a credit amount enter an account title to record supplies used on August 31 enter a debit amount enter a credit amount (To record supplies used) Aug. 31 enter an account title to record insurance expired on August 31 enter a debit amount enter a credit amount enter an account title to record insurance expired on August 31 enter a debit amount enter a credit amount (To record insurance expired) Aug. 31 enter an account title to record monthly depreciation on August 31 enter a debit amount enter a credit amount enter an account title to record monthly depreciation on August 31 enter a debit amount enter a credit amount (To record monthly depreciation) Aug. 31 enter an account title to record accrued salaries and wages on August 31 enter a debit amount enter a credit amount enter an account title to record accrued salaries and wages on August 31 enter a debit amount enter a credit amount (To record accrued salaries and wages) Aug. 31 enter an account title to record rent earned on August 31 enter a debit amount enter a credit amount enter an account title to record rent earned on August 31 enter a debit amount enter a credit amount (To record rent earned) Question 13 The trial balances before and after adjustment for Cullumber Company at the end of its fiscal year are presented below. CULLUMBER COMPANYTrial BalanceAugust 31, 2022 BeforeAdjustment AfterAdjustment Dr. Cr. Dr. Cr. Cash $10,100 $10,100 Accounts Receivable 9,000 9,500 Supplies 2,400 500 Prepaid Insurance 3,700 2,700 Equipment 13,800 13,800 Accumulated Depreciation—Equipment $ 3,600 $ 4,500 Accounts Payable 5,800 5,800 Salaries and Wages Payable 1,500 Unearned Rent Revenue 1,400 600 Owner’s Capital 15,500 15,500 Service Revenue 33,800 34,300 Rent Revenue 10,900 11,700 Salaries and Wages Expense 17,200 18,700 Supplies Expense 1,900 Rent Expense 14,800 14,800 Insurance Expense 1,000 Depreciation Expense   900   $71,000 $71,000 $73,900 $73,900 (a) Prepare the income statement for the year. CULLUMBER COMPANYIncome Statementchoose the accounting period                                   select an opening name for section one                                       enter an income statement item $enter a dollar amount      enter an income statement item enter a dollar amount         select a closing name for section one                                   enter a total amount for section one select an opening name for section two                                       enter an income statement item $enter a dollar amount      enter an income statement item enter a dollar amount     enter an income statement item enter a dollar amount     enter an income statement item enter a dollar amount     enter an income statement item enter a dollar amount         select a closing name for section two                                   enter a total amount for section two select a closing name for this statement                                   $enter a total net income or loss amount  (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above. Question 14 At the end of its first year, the trial balance of Crane Company shows Equipment $32,900 and zero balances in Accumulated Depreciation—Equipment and Depreciation Expense. Depreciation for the year is estimated to be $3,790.Prepare the annual adjusting entry for depreciation at December 31. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 enter an account title for the adjusting entry on December 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on December 31 enter a debit amount enter a credit amount Post the adjustments to T-accounts. Depreciation Expense choose a transaction date                             enter a debit amount choose a transaction date                             enter a credit amount Accumulated Depreciation— Equipment choose a transaction date                             enter a debit amount choose a transaction date                             enter a credit amount Indicate the balance sheet presentation of the equipment at December 31. Crane CompanyBalance Sheet (Partial) enter a balance sheet item $enter a dollar amount  select between addition and deduction                            :enter a balance sheet item  enter a dollar amount $enter a subtotal of the two previous amounts  Question 15 On July 1, 2022, Carla Vista Co. pays $26,600 to Metlock Insurance Co. for a 4-year insurance contract. Both companies have fiscal years ending December 31.Journalize and post the entry on July 1 and the annual adjusting entry on December 31 for Metlock Insurance Co. Metlock uses the accounts Unearned Service Revenue and Service Revenue. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit choose a transaction date                             enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount choose a transaction date                             enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount Unearned Service Revenue choose a transaction date                             enter a debit amount choose a transaction date                             enter a credit amount choose the end date of the accounting period                             enter a debit balance choose the end date of the accounting period                             enter a credit balance Service Revenue choose a transaction date                             enter a debit amount choose a transaction date                             enter a credit amount Question 16 The bookkeeper for Oriole Company asks you to prepare the following accrual adjusting entries at December 31. 1. Interest on notes payable of $550 should be accrued. 2. Services performed but unbilled totals $2,100. 3. Salaries of $800 earned by employees have not been recorded or paid. Use these account titles: Service Revenue, Accounts Receivable, Interest Expense, Interest Payable, Salaries and Wages Expense, and Salaries and Wages Payable. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Dec. 31 enter an account title for the adjusting entry on December 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on December 31 enter a debit amount enter a credit amount 2. Dec. 31 enter an account title for the adjusting entry on December 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on December 31 enter a debit amount enter a credit amount 3. Dec. 31 enter an account title for the adjusting entry on December 31 enter a debit amount enter a credit amount enter an account title for the adjusting entry on December 31 enter a debit amount enter a credit amount Question 17 The adjusted trial balance of Crane Company at December 31, 2022, includes the following accounts: Owner’s Capital $17,500, Owner’s Drawings $7,100, Service Revenue $36,300, Salaries and Wages Expense $16,900, Insurance Expense $2,900, Rent Expense $3,100, Supplies Expense $1,300, and Depreciation Expense $1,400.Prepare an income statement for the year. CRANE COMPANYIncome Statementchoose the accounting period                             select an opening name for section one                                enter an income statement item $enter a dollar amount  select an opening name for section two                                enter an income statement item $enter a dollar amount     enter an income statement item enter a dollar amount    enter an income statement item enter a dollar amount    enter an income statement item enter a dollar amount    enter an income statement item enter a dollar amount       select a closing name for section two                             enter a total amount for section two select a closing name for this statement                             $enter a total net income or loss amount  Question 18 The adjusted trial balance of Sunland Company at December 31, 2022, includes the following accounts: Owner’s Capital $17,600, Owner’s Drawings $7,300, Service Revenue $37,000, Salaries and Wages Expense $16,400, Insurance Expense $2,800, Rent Expense $3,400, Supplies Expense $1,800, and Depreciation Expense $1,200. The balance in Owner’s Capital is the balance as of January 1.Prepare an owner’s equity statement for the year assuming net income is $11,400 for the year. (List items that increase owner’s equity first.) SUNLAND COMPANYOwner’s Equity Statementchoose the accounting period                             select an opening name for this statement                             $enter a dollar amount  select between addition and deduction                            : select an item                             enter a dollar amount enter a subtotal of the two previous amounts select between addition and deduction                            : select an item                             enter a dollar amount select a closing name for this statement                             $enter a total amount for this statement  Question 19 Sheridan Company records all prepayments in income statement accounts. At April 30, the trial balance shows Supplies Expense $2,400, Service Revenue $8,000, and zero balances in related balance sheet accounts.Prepare the adjusting entries at April 30 assuming (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (a)    $700 of supplies on hand and (b) $2,500 of service revenue should be reported as unearned. No. Date Account Titles and Explanation Debit Credit (a) Apr. 30 enter an account title for the adjusting entry on April 30 enter a debit amount enter a credit amount enter an account title for the adjusting entry on April 30 enter a debit amount enter a credit amount (b) Apr. 30 enter an account title for the adjusting entry on April 30 enter a debit amount enter a credit amount enter an account title for the adjusting entry on April 30 enter a debit amount enter a credit amount

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