need help with answers a-e please

W3 assignment template (U) - Excel D Ser rasbeensparker Home Insert Page Layout Forslas Desta Review Help Share Comment 11 Rule Formula New Options Gridines Headings Normal Page Page Custom Pieve Layout Views Workbook View Zoom 100% Zoom Selection Zoo Vide by Side New Anange Free Synchos Sing Switch Wind Paud Wide Pos Wir Sh View Wind IC N D H ground: The following information relates to Fanning's Electronks on December 31, 2017. The company, which uses the calendar year as its annual reporting period, initially records prepaid and unearned items in balance sheet accounts assets and abilities, respectively a. The company's weekly payroll 58.750, paid each Friday for a five-day workweek. As December 31, 2017, tal on Monday, but the employees will not be paid their wages utriday, January 4, 2018 b. Eighteen months earler, on July 1, 2016, the company purchased equipment that cost $20.000. Its useful life predicted to be five years of which time the qument is expected to be worthlesterosalvage value On October 1, 2017, the company reed to work on a new housing development. The companys paid $120.000 on October 1 in advance of future installation of similar alarm systems in 24 new homes The $120,000 was credited to the Unearned Service Sevenue account, Between October 1 and December 31. work on 20 homes was completed 4. On September 1, 2017, the company purchased a 12 month insurance policy for $1.000. The transaction was recorded with an $1,00debit to Prepaid Insurance On December 29, 2017, the company completed a $2,000 service that has not been billed or recorded as of December 31, 2017 Required: 1. Prepare any necessary adjusting journal entries on December 31, 2017, in relation to transactions and events a through Remember: Includes description for each journal entry 10 Tstor solo Dont forget Adjusting Journal Intries Efects of desting the Prewet 32M 400 11/12 Type here to search O e Share Comments Isoliers sol Nama PageBreak Page Custom Preview Layout View Wetboek Views torto Sheet Vir New Arrange Free Window M Hero Widow e. On December 29, 2017, the company completed a $7.000 service that has not been billed or recorded as of December 31, 2017 M Required: 1. Prepare any necessary adjusting journal entries on December 31, 2017, in relation to transactions and events through Remember: Include a description for each journal entry (a) (b) ta (d] Dong To Set Adaling maltres 9 Type here to search 3 RE DD