Question

I am stuck on figuring out the adjusted depreciation, sales wages. All of the information that is given is all that is available. .

АСС-30 10-pey-1.wi NTER-2019-coloe.coded.m [Compatiblity Model-Excel LII HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VEw AD0-16 Times New Roma 12 AA Normal Format Painter B 1 u . !田. I -A-1 慌慌 El Metge & Center , $ . % , | Conditional Format as Formatting- Table+ Clipboared Font Number Paid the bill for supplies purchased previously You have been hired as an accountant for FigMint Consulting Inc. This business was created when some friends decided to make use of their newly minted college degrees and go into business together. The business was created on January 1, 2018. The company will have a fiscal year end of December 31. The initial formation transactions and early purchases for FigMint Consulting Inc. resulted in the balances that are included in the first 2 columns of the Worksheet. (see the worksheet tab) During January, the first month of operations, the following transactions occurred Date Event Borrowed cash from the bank for operating expenses. The note charges simple interest and is to be paid 1-Jan back in 5 years 3-Jan Paid for 12 months rent on office space 4-Jan Purchased office furniture. 8-Jan Paid for utilities. 10-Jan Received cash in advance from Stanley Inc. for work to be performed over the next 12 months. 14-Jan Performed services for various customers for cash and on account 15-Jan Paid the bill for supplies purchased previously 26-Jan Collected payments for amounts previously billed. 28-Jan Purchased additional office supplies on account 29-Jan Paid salaries to employees for 1 week. 31-Jan Dividends were declared and paid. 0,000 loan amount 0.04 interest rate 11,820 10,895 13,200 11,650 cash 11,295 13,655 8.950 4650 1,000 18690 on account At the end of January, the following additional information is available to help determine what adjustments are needed: infoLJE ADJECLOSİNG JE worksheet statements worksheet formulas financial statement formulas T-

Answer 1