Larkspur, Inc. was organized on July 1, 2022. Quarterly financial statements are prepared. Information from the...

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Larkspur, Inc. was organized on July 1, 2022. Quarterly financial statements are prepared. Information from the unadjusted and adjusted tabular summary on September 30, 2022 is shown as follows. The $13,912 in the revenue column includes Service Revenue: $13,254 and Rent Revenue: $658. The $9,557 in the expense column includes Salaries and Wages $8,272, Rent $846, and Utilities $439. Assets Liabilities Acc. Accts. Prepd. Depr- Equip. Notes Accts. Sal/Wages Pay. Int. Cash Rec + Supplies + Rent + Equip. Pay. Pay. + Pay Bal. 6,298 + 376 + 1.128+ 1,692 + 14,100 4,700 + 1,003 + 0+ Adj. 1. Adj. 2. Adj. 3. Adj, 4. Adj. S. Adj. 6. Adj. 7 Adj. Bal. 6,298 + 940 + 172+ 846 + 329 - 4,700 + 1.003 14,100 564+ 47 Record the adjustments that were made. (Ifa transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Accts. Prepd. Cash Rec. Supplies Rent Bal. 6,298 376 1,128 Adj. 1. Adj. 2. Adj. 3. Adj. 4. Adj. 5. Adj. 6. Adj. 7 Adj. Bal, 6.298 940 172 Larkspur, Inc. was organized on July 1, 2022. Quarterly financial statements are prepared. Information from the unadjusted and adjusted tabular summary on September 30, 2022 is shown as follows. The $13,912 in the revenue column includes Service Revenue: $13,254 and Rent Revenue: $658. The $9,557 in the expense column includes Salaries and Wages $8,272, Rent $846, and Utilities $439. Assets Liabilities Acc. Accts. Prepd. Depr- Equip. Notes Accts. Sal/Wages Pay. Int. Cash Rec + Supplies + Rent + Equip. Pay. Pay. + Pay Bal. 6,298 + 376 + 1.128+ 1,692 + 14,100 4,700 + 1,003 + 0+ Adj. 1. Adj. 2. Adj. 3. Adj, 4. Adj. S. Adj. 6. Adj. 7 Adj. Bal. 6,298 + 940 + 172+ 846 + 329 - 4,700 + 1.003 14,100 564+ 47 Record the adjustments that were made. (Ifa transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Accts. Prepd. Cash Rec. Supplies Rent Bal. 6,298 376 1,128 Adj. 1. Adj. 2. Adj. 3. Adj. 4. Adj. 5. Adj. 6. Adj. 7 Adj. Bal, 6.298 940 172

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LARASKPUR DATE ASSETS LIABILITIES EQUITY Retained Earnings Month Cash Accounts Receivable Supplies P... View the full answer