Question: need help asap please its due in 30min Required Each of the following independent events requires a year-end adjusting entry. Show how each event and

need help asap please its due in 30min
need help asap please its due in 30min Required Each of the

Required Each of the following independent events requires a year-end adjusting entry. Show how each event and its related adjusting entry affect the accounting equation Assume a December 31 closing date. The first event is recorded as an example. (Do not round Intermediate calculations & Round your final answers to nearest whole dollar. Enter any decreases to account balances with a minus sign. Not all cells require input.) a. Paid $6.400 cash in advance on October 1 for a one-year insurance policy. b. Received a $5.200 cash advance for a contract to provide services in the future. The contract required a one-year commitment starting April 1 c. Purchased $2,000 of supplies on account. At year's end, $255 of supplies remained on hand d. Paid $11,520 cash in advance on August 1for a one-year lease on office space. Event Adjustment The Accounting Equation Total Assets Cash Other Liabilities Assets (6.400) 0,400 (1.600) Stockholders' Equity Common Retained Stock Earnings . + a Adi - (1.600) Ad . Ad d. Adj

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