Only Q#23 is based on this fact pattern. Jackson was founded on September 15, Year 1. Jackson rented an office for two years and moved in on September 15, Year 1. No rent payment was required on September 15, Year 1, nor was any payment made on that date. The monthly rental rate was $6,000 and the contract called for rent to be paid every three months starting on December 15, Year 1. These payments cover a three-month period ending on the payment dates. The second payment will not be due until March 15, Year 2. All payments occurred as scheduled. The untrained bookkeepers debited increased) Rent Expense each time a cash payment was made for rent. The lease was not renewed in Year 3. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Ang 115 F4 $ 4 % 5 & 7 6 8 E R T Y U o F G H J K C V B N. M made for rent. The lease was not renewed in Year 3. You have discovered any mistakes that may have been made in determining Jackson's income for the period ended December 31, Year 1. Q#23. Should Jackson's income be increased or decreased for the period ending December 31, Year 1, when correcting any mistakes that may have occurred related to Office Rent as stated above? Enter 2 to indicate 'increased' OR enter 1 to indicate 'decreased'. Enter 'O' to indicate Jackson's income should not be adjusted as a result of correcting any mistakes that may have occurred. (This question is not asking for the dollar Click Save and Submit to save and submit. Click Save All Answers to save all answers * $ 4 % 5 A 6 & 7 * 8 9 0 E R T Y U T O F I J V B N. M. Q#23. Should Jackson's income be the period ending December 31, Year 1, when correcting any mistakes that may have occurred related to Office Rent as stated above? Enter 2 to indicate 'increased' OR enter 1 to indicate 'decreased'. Enter 'O' to indicate Jackson's income should not be adjusted as a result of correcting any mistakes that may have occurred. (This question is not asking for the dollar amount of the correction.) Click Save and Submit to save and submit. Click Save All Answers to see all as 80 888 74 FS % 5 & 7 4 6 8 9 E R Y U 1 O F G I J J K V B N M