Question: hi Can you upload separately or screenshot answer only for the T-Account? The rest were good. thank you so much. Prepare Adjusting Entries, an Adjusted

hi Can you upload separately or screenshot answer only for the T-Account? The rest were good. thank you so much.
hi Can you upload separately or screenshot answer only for the T-Account?
The rest were good. thank you so much. Prepare Adjusting Entries, an

Prepare Adjusting Entries, an Adjusted Trial Balance, and Financial Statements, Refer to your textbook on pages 194-195 and answer Exercise 4-19 (Daily Driver, Inc.). Based on the provided information, complete the 3 requirements of the exercise. Present your answer in each tab in the provided spreadsheet. Please note, the spreadsheot has the following tabs: Adjusting Journal Entries; T-Accounts; Adjusted Trial Balance; Income Statement; Statement of Retained Earnings; and, Balance Sheet. Rename the Spreadsheet as Last Name First Name Week 6 Assignment . Week 6 Assignment E4-19 Daily Driver (2).xisx 22 January 2023, 1:39 PM DAILY DAIVIER. INC Unadfusted Trial Balance At December 31 Notes This equals the bank balance. Oaly windshield washer fluid thar cont $30 This amoent was paid Janaary 2 for car insu December 31 of this year. This is the car's purchase price. Tho car will be two years old at the end of DDt has noe yet paid oc recorded 5800 of sal: DDI paid all its taxes from last year. DDt issued 5.000 shares at $5 cach. This is the tocal accumelatod earnings to Jan All revenue is received ia cash when the sent DDI's only eatployec roceives a monthly uf This is the cost of windshicld washer tluid us The car's benefits are being used up aboot 52 No car insurance bas beef paid for next yeat All foel is paid for is cash. DDI's tax rate is 20 pereent of iscome before Required: 1. Use the notes to determine and rocord adjusting entries needed on December 31 for (a) supplies uied up, (b) insurance costs, (c) using up the car's benefits, (d) salariei not yet accounted for and (e) income taxes for the year. 2. Post the adjuating entries from requirement 1 to T-accounts to determine new adganed balances, and prepare an adjusted trial balance. (If you aro completing this exercise usine the general ledger tool is Connect, this requiremient will be completed automatically for you.) 3. Usiagt the adjuited balances from requiremeat 2, prepare an income statement, statement of retained earnings, and claesified balance shoet. E4-20 Preparing Adjusting Entrles, an Adjusted Trlal Balance, and Financial Statements

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