TranscribedText: 1. For each December 31 adjusting entry (for Industry J), indicate the account impacted along with the amount and direction (+ or ) of the effects on the accounting equation by filling in the following table. The first entry is completed. Important! Be sure to click the correct Industry at the top of the dashboard. st |- e |- T |- e [ [ a. |Prepaid Insurance b. [Supplies c. |Accrued Wages d. |Accrued Revenue e. |Unearned Revenue Required information [The following information applies to the questions displayed below.] Roland Company began operations on December 1 and needs assistance in preparing December 31 financial statements, including its year-end adjustments. The Tableau dashboard is provided to assist in the work. Select Industry - BCDEFGHI J _ Selected December-January Transactions Purchased Insurance Started Work for Telo Dec. 31 Year-End Finished Work for Telo Dec 1 Dec 7 Dec 13 Dec 24 Jan 5 Jan 12 Dec 1 Prepaid a 24 month insurance policy (coverage starting immediately) for $6,960 cash. Additional Information as of December 31 Telo ABX 60% Complete 25% CompleteRequired information [The following information applies to the questions displayed below.] Roland Company began operations on December 1 and needs assistance in preparing December 31 financial statements, including its year-end adjustments. The Tableau dashboard is provided to assist in the work. Select Industry - A_B_CD_EF_ G_H _J_ Selected December-January Transactions Purchased Insurance Started Work for Telo Dec. 31 Year-End Finished Work for Telo Dec 1 Dec 7 Dec 13 Dec 24 Jan 5 Jan 12 Dec 7 Purchased supplies for $5,800 cash. Purchased Sup vance Wages Paid Additional Information as of December 31 Telo ABX 60% Complete 25% CompleteRequired information [The following information applies to the questions displayed below.] Roland Company began operations on December 1 and needs assistance in preparing December 31 financial statements, including its year-end adjustments. The Tableau dashboard is provided to assist in the work. Select Industry - A_ BCDEF GHI Selected December-January Transactions Purchased Insurance Started Work for Telo Dec. 31 Year-End Finished Work for Telo Dec 1 Dec 7 Dec 13 Dec 24 Jan 5 Jan 12 Dec 13 Agreed to do $29,000 worth of work for Telo over the next 30 days. Payment is to be received when the work is completed on Jan. 12. Additional Information as of December 31 Telo ABX 60% Complete 25% CompleteRequired information [The following information applies to the questions displayed below.] Roland Company began operations on December 1 and needs assistance in preparing December 31 financial statements, including its year-end adjustments. The Tableau dashboard is provided to assist in the work. Select Industry - A_B_C_DEF_G H_ _ _J_ Selected December-January Transactions Purchased Insurance Started Work for Telo Dec. 31 Year-End Finished Work for Telo Dec 1 Dec 7 Dec 13 Dec 24 Jan 5 Jan 12 Dec 24 Purchased Supplies Received $11,600 cash in advance to perform work for ABX over the next four weeks. Additional Information as of December 31 Telo ABX 60% Complete 25% CompleteRequired information [The following information applies to the questions displayed below.] Roland Company began operations on December 1 and needs assistance in preparing December 31 financial statements, including its year-end adjustments. The Tableau dashboard is provided to assist in the work. Select Industry - A_ B_ C_ DEFGH_ _I Selected December-January Transactions Purchased Insurance Started Work for Telo Dec. 31 Year-End Finished Work for Telo Dec 1 Dec 7 Dec 13 Dec 24 lan 5 lan 12 Jan 5 Paid wages of $2,320 cash to workers. Purchased Supplies Received Cash in Advance vvaycoralu Additional Information as of December 31 Telo ABX 60% Complete 25% CompleteRequired information [The following information applies to the questions displayed below.] Roland Company began operations on December 1 and needs assistance in preparing December 31 financial statements, including its year-end adjustments. The Tableau dashboard is provided to assist in the work. Select Industry - A_B_C_DEF_G H J_ Selected December-January Transactions Purchased Insurance Started Work for Telo Dec. 31 Year-End Finished Work for Telo Dec 1 Dec 7 Dec 13 Dec 24 Jan 5 Jan 12 Purchased Supplies Jan 12 Received $29,000 cash from Telo for work performed over the last 30 days. Additional Information as of December 31 Telo ABX 60% Complete 25% CompleteAdditional Information as of December 31 Telo ABX 60% Complete 25% Complete Supplies Remaining at Year-End Wages Earned By Workers but not yet Paid at Year-End Supplies Remaining at Year-End: $2,030 tableauAdditional Information as of December 31 Telo ABX 60% Complete 25% Complete Supplies Remaining at Year-End Wages Earned By Workers but not yet Paid at Year-End Wages Earned By Workers but not yet Paid at Year-End: $1,450 + +t tableau

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1. For each December 31 adjusting entry (for Industry J), indicate the account impacted along with the amount and direction (+ or -) of the effects on the accounting equation by filling in the following table. The first entry is completed. Important! Be sure to click the correct Industry at the top of the dashboard. Industry J Adjusting Entry a. Prepaid Insurance b. Supplies c. Accrued Wages Assets = Liabilities + Equity + -$290 Insurance expense -$290 Prepaid insurance = +290 Supplies -2,900 Wages payable -290 Accounts receivable = = d. Accrued Revenue = e. Unearned Revenue -17,400 Unearned revenue = II + + + + + 1. For each December 31 adjusting entry (for Industry J), indicate the account impacted along with the amount and direction (+ or -) of the effects on the accounting equation by filling in the following table. The first entry is completed. Important! Be sure to click the correct Industry at the top of the dashboard. Industry J Adjusting Entry a. Prepaid Insurance b. Supplies c. Accrued Wages Assets = Liabilities + Equity + -$290 Insurance expense -$290 Prepaid insurance = +290 Supplies -2,900 Wages payable -290 Accounts receivable = = d. Accrued Revenue = e. Unearned Revenue -17,400 Unearned revenue = II + + + + +