Question: need help with question 8 Problem 2-33A (Static) Effect of adjusting entries on the accounting equation LO 2-1, 2-2, 2-5, 2-6, 2-1 Required Each of

need help with question 8
need help with question 8 Problem 2-33A (Static) Effect of adjusting entries
on the accounting equation LO 2-1, 2-2, 2-5, 2-6, 2-1 Required Each

Problem 2-33A (Static) Effect of adjusting entries on the accounting equation LO 2-1, 2-2, 2-5, 2-6, 2-1 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. Enter any decreases to account balances with a minus sign. Not all cells require input.) a. Paid $4.800 cash in advance on October 1 for a one-year insurance policy. b. Recelved a $3,600 cash advance for a contract to provide services in the future. The contract required a one-year commitment, starting Aprlit. c. Purchased $1,200 of supplies on account. At year's end, $175 of supplies remained on hand. d. Paid $9,600 cash in advance on August 1 for a one-year lease on office space

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