Hal, here is the information you requested. Please supply me with the adjustments needed ASAP. Also, please put in writing why we need to do these adjustments.

To:         Hal Hogan, Bookkeeper
From:    Pete Tennant, V. P.
Re:         Adjustments for year ended December 31, 2022

Attached to memo:
a. Insurance data:

b. Rent data: Prepaid rent had a $500 balance at beginning of year. An additional $400 in rent was paid in advance in June. At year-end, $200 in rent had expired.
c. Revenue data: Accrued storage fees of $500 were earned but uncollected and unrecorded at year-end.

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Policy No. 100 200 300 Date of Policy Purchase November 1 of previous year May 1 of current year September 1 of current year Policy Length 4 years 2 years 1 year Cost $480 600 240