Question: please FULL EXPLANATION and CALCULATION. evenue that sheuld appear on m 3-1 A Preparing adjusting entries (monthly)-prepaid expens ow Washing Services prep Impala Window counts

please FULL EXPLANATION and CALCULATION. evenue that sheuld appear on m

please FULL EXPLANATION and CALCULATION.

evenue that sheuld appear on m 3-1 A Preparing adjusting entries (monthly)-prepaid expens ow Washing Services prep Impala Window counts on its Dece es LO4 mber 31, 2017, unadjusted trial balance: ares adjustments monthlg and shows the following selected ac- Account Debit Credit Prepaid insurance. Prepaid office rent. Prepaid subscriptions.... Prepaid equipment renta. 3,600 21,000 1,260 . 25.200 Prepare the required monthly adjusting entries at December 31,201, Required additional information: a. The remaining balance in Prepaid Insurance was for a six-month insurance policy b. $4,800 of the balance in Prepaid Office Rent had not been used as at December 31,2017 of the balance in Prepaid Subscriptions had been used as at December 31, 2017. purchased for $7,200 and in effect on September 1,2017. d. The company paid $32,400 on April 1, 2017, to rent equipment for a three-year period beginning April 1, 2017

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