Using the information noted above for this section. Fill in…
Using the information noted above for this section. Fill in the blanks to complete the following year end adjusting journal entry necessary. Choose from the following account names: Cash Grant revenue Pledges receivable Investment revenue Grants receivable General revenue Donations receivable Contribution revenue Prepaid rent Wage expense Leasehold improvements Amortization expense Accumulated amortization Operating expense Wages payable Rent expense Deferred contribution revenue Unrestricted net assets Restricted net assets When providing the amount for the adjusting journal entry, do not include dollar signs, spaces or commas (ex. 1000). Year-End 2022 Date Account Titles Debit Credit Year-end Provide the account name in the first space below. Provide the amount in the third space below. Provide the account name in the second space below. Explanation: To accrue pledges receivable.
Read DetailsTake an extra moment to make sure your workspace is correct….
Take an extra moment to make sure your workspace is correct.I should see your entire desk and the top of your head. If you are unsure what is on camera, move your computer back even more to make sure everything is seen on camera. Make sure your cell phone is face down on camera. Make sure your calculator, pencils, erasers, and calculator are on camera. If you did not get approval for your calculator beforehand, you should not use it.There is nothing to answer here in Blackboard. All work will be completed on paper with a pencil (NO PENS — markouts are not allowed and the question will not be graded if I cannot read it.) Once finished with the exam, all work will be scanned and uploaded into Gradescope.Once you have completed the practice exam, send me an email so I can check it for you. Move on to question 2.
Read DetailsUsing the information noted above for this section. Fill in…
Using the information noted above for this section. Fill in the blanks to complete the following year end adjusting journal entry necessary. Choose from the following account names: Cash Grant revenue Pledges receivable Investment revenue Grants receivable General revenue Donations receivable Contribution revenue Prepaid rent Wage expense Leasehold improvements Amortization expense Accumulated amortization Operating expense Wages payable Rent expense Deferred contribution revenue Unrestricted net assets Restricted net assets When providing the amount for the adjusting journal entry, do not include dollar signs, spaces or commas (ex. 1000). Year-End 2022 Date Account Titles Debit Credit Year-end Provide the account name in the first space below. Provide the amount in the third space below. Provide the account name in the second space below. Explanation: Leasehold improvements need to be amortized evenly over the life of the lease.
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