Question: Based on the following information... Please complete the following table: November Transactions The Water Bottle Company was incorporated on October 1, 2016 The following transactions
Based on the following information...

Please complete the following table:

November Transactions The Water Bottle Company was incorporated on October 1, 2016 The following transactions occurred during November Adjusting Entries for November a) 30-Nov Adjust for use of prepaid rent 1 month b) 30-Nov Adjust for use of insurance policy 1 month c) 30-Nov Adjust for depreciation of equipment (\$140 a month given) d) 30-Nov Adjust for $900 of salaries earned but not paid by month end e) 30 Nov Adjust for interest on the loan 5% annual rate Deliverables Record all November transactions in the Financial Statement Impact Template Record all November adjusting entries in the Financial Statement Impact Template Create November Financial Statements Record all closing entries in the Financial Statement Impact Template for November to set up for the following month Answer questions on Homework Project Week 2 word document November Transactions The Water Bottle Company was incorporated on October 1, 2016 The following transactions occurred during November Adjusting Entries for November a) 30-Nov Adjust for use of prepaid rent 1 month b) 30-Nov Adjust for use of insurance policy 1 month c) 30-Nov Adjust for depreciation of equipment (\$140 a month given) d) 30-Nov Adjust for $900 of salaries earned but not paid by month end e) 30 Nov Adjust for interest on the loan 5% annual rate Deliverables Record all November transactions in the Financial Statement Impact Template Record all November adjusting entries in the Financial Statement Impact Template Create November Financial Statements Record all closing entries in the Financial Statement Impact Template for November to set up for the following month Answer questions on Homework Project Week 2 word document
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
