Question: Question 10: It says I'm still missing something but I don't know what is missing, can you solve and explain? Question 6: I've tried a

Question 10: It says I'm still missing something but I don't know what is missing, can you solve and explain?

Question 10: It says I'm still missing something but I don't know

Question 6: I've tried a few times but still can get the correct answer, please solve and explain the concept. Thank youwhat is missing, can you solve and explain? Question 6: I've tried

Bailey Delivery Company, Incorporated, was organized in 2021 in Wisconsin. The following transactions occurred during the year: a. Received cash from investors in exchange for 12,000 shares of stock (par value of $1.00 per share) with a market value of $10 per share. b. Purchased land in Wisconsin for $24,000, signing a one-year note (ignore interest). c. Bought two used delivery trucks for operating purposes at the start of the year at a cost of $15,000 each; paid $3,000 cash and signed a note due in three years for the rest (ignore interest). d. Paid $2,000 cash to a truck repair shop for a new motor for one of the trucks. (Increase the account you used to record the purchase of the trucks because the productive life of the truck has been improved) e. Sold one-fourth of the land for $6,000 to Pablo Development Corporation, which signed a six-month note. f. Stockholder Helen Bailey paid \$27,900 cash for a vacant lot (land) in Canada for her personal use. 3. Prepare a classified balance sheet for Bailey Delivery Company at December 31, 2021. Required information [The following information applies to the questions displayed below.] Griffin Service Company, Incorporated, was organized by Bennett Griffin and five other investors (that is, six in total). The following activities occurred during the year: a. Received $87,000 cash from the six investors; each investor was issued 10,100 shares of common stock with a par value of $0.10 per share. b. Signed a five-year lease for $175,500 for the right to use a building each year. c. Purchased equipment for use in the business at a cost of $35,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months). d. Signed an agreement with a cleaning service to pay $290 per week for cleaning the corporate offices next year. e. Received an additional contribution from investors who provided $4,700 in cash and land valued at $32,000 in exchange for 2,700 shares of stock in the company. f. Lent $4,200 to one of the investors, who signed a note due in six months. g. Bennett Griffin borrowed $8,700 for personal use from a local bank, signing a one-year note. 2. Using the balances in the T-accounts, fill in the following amounts for the accounting equation

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