Which of the following answer choices does NOT correctly describe the following adjusting journal entry?   Dr. Rent Expense       Cr. Prepaid Rent

Using the list below, identify how each account should be classified.   You can use an item once, more than once, or not at all – but each question only has ONE answer.

All of the following state “For the Year Ended 20XX” except for

On December 31, 2019, M-zine Corp. prepared adjusting journal entries for the following items: Depreciation expense: $12,000 Used Rent: $7,000 that was initially recorded as a prepaid Accrued Sales Revenue: $40,000 If M-zine Corp reported total assets of $250,000 prior to the adjusting journal entries, what is total assets after the adjusting journal entries?

In posting journal entries to the general ledger, which of the following is true?

Snippets is a lawn-service company that prepares annual financial statements.    How much is owed to Snippets at year-end?

At 1/1/19, Harper Company paid $9,000 for the premium on a three-year insurance policy, recording this amount as prepaid insurance. What would be balance in prepaid insurance on 1/1/20?

Snippets is a lawn-service company that prepares annual financial statements.     What is the ending balance for Prepaid Insurance after closing entries for Snippets?

Prepare the adjusting journal entry, if necessary, for the transaction below for 12/31/2019 (year-end). Assuming Sunflower Suzy’s started 2019 with $2,300 worth of supplies and ended the year with $900 worth of supplies. Remember, Sunflower Suzy’s purchased $1,600 of supplies on December 2nd.  

  This patient reported to the emergency room with acute LUQ pain.  Describe the ultrasound appearance of the spleen?