Question: ember 31 adjusting entries: mber 31 fd More Info (Record de 5 but will no a. The company received its electric bill on December 20

 ember 31 adjusting entries: mber 31 fd More Info (Record de
5 but will no a. The company received its electric bill on
December 20 for $275 but will not pay it until January 5.
(Use the Utilities Payable account.) b. Carter purchased a six-month boat insurance
policy on November 1 for $7.200. Carter recorded a debit to Prepaid

ember 31 adjusting entries: mber 31 fd More Info (Record de 5 but will no a. The company received its electric bill on December 20 for $275 but will not pay it until January 5. (Use the Utilities Payable account.) b. Carter purchased a six-month boat insurance policy on November 1 for $7.200. Carter recorded a debit to Prepaid Insurance. c. As of December 31, Carter had earned $2,500 of charter revenue that has not been recorded or received. d. Carter's fishing boat was purchased on January 1 at a cost of $76,000. Carter expects to use the boat for five years and that it will have a residual value of $6,000. Determine annual depreciation assuming the straight-line depreciation method is used. e. On October 1, Carter received $9,000 prepayment for a deep-sea fishing charter to take place in December. As of December 31, Carter has completed the charter amber 1 for S Print Done elds and then continue to the next question G Search or type URL % C ) $ 4 & 7 * 8 5 6 8 9 0 Corner Fating Charter has colected the following data for the December 31 adjusting entries: Raad merements Requirement 1 Journalize the dusting entries needed on December 31 for Carter Fishing Charter Assume Carter records adjusting entries only at the end of the year, acord debutest, the credite Selecteer the entry table) The company received its electric bill on December 20 for $275 but will not pay it until January 5. (Use the Unites Payable account) Accounts and Explanation Credit ) Dec 31 Date Debit b. Carter purchased a six-month boat insurance policy on November 1 for $7.200. Carter recorded a debit to Prepaid insurance Data Accounts and Explanation Debit Credit Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question Care Pang Charters has notected allowing data for the December 11 urgentes View Math December 31. Carta hade 52,000 of the revenues not been recorded or received Accounts and plantation Det Chade Carostas pueden tot $76.000 Cerwerpects to the best for five years and that we have a real of 1.000. Determine worection anting the right for the Acourt and Explanation De ..OO.Carme received $9.000 prepayment for a cow to take place in December As of December 31, Carte han completed the charter. When the moved tobaccount Odos from yor enter any number in the routes and continue to the next whether for the Decembering Het On Or 1 Card 50.000 metra fishing the totale Decinte. As of December 3, Carter has competectos Anton De Creet Request 2. tur ratio recorded the which weitergery occur on the frameworks wat die verlede Beginners Song Solgar Amon Ow of the und Choose from story number the routes and then to the next Carweihe Charters has collected the fotowing data for the December 31 adjusting Cioon w two Requirement 2. Carter had not recorded the adjusting entries, indicate which pecific categy of accounts on the francial statements would be mistatud and it the midstatement overstated or understand Begin toy completing the table for adjustments and tran transactions through Specific Cegory of Specite Category Austing Balance Sheet Understated Income Statement Understated ta Accounts on the Over! of Accounts on the Ovo 14 Choose from any list or enter any number in the input fields and then continue to the next

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