Door Step Pack'n Mail completed the following transactions during 2014 :

PLEASE DO REQ 3 & 4! THANK YOU.

Requirements 1. Journalize the transactions assuming that Door Step debits an asset account for prepaid expenses and credits a liability account for unearned revenues. Journalize the related adjusting entries at December 31, 2014. Post the journal and adjusting entries to the T-accounts, and show their balances at December 31, 2014. 2. 3. 4. Repeat Requirements 1-3. This time debit an expense account for prepaid expenses and credit a revenue account for unearned revenues. Compare the account balances in Requirements 3 and 4. They should be equal. 5