mcgraw hill connect free trial to do all assignments

Mcgraw hill connect free trial to do all assignments full#

Prepare the statement of retained earnings for the year ended December 31, 2017. Prepare the income statement for the year ended December 31, 2017. The Retained Earnings account balance is $130,280 at December 31, 2016. The following is the adjusted trial balance of Wilson Trucking Company. Note: Answer for a has two entries 30% of (i) the $6,000 adjustment for Fees Earned has been earned but not billed, and (ii) the other 70% has been earned by performing services that were paid for in advance. ALEXIS CO.Īnalyze the statements and prepare the eight adjusting entries a through g that likely were recorded. The middle column shows a blank space for each income statement effect of the eight adjusting entries a through g (the balance sheet part of the entries is not shown here). The company records cash receipts and payments related to unearned and prepaid items in balance sheet accounts. The left number column is prepared before any adjusting entries are recorded, and the right column includes the effects of adjusting entries. Following are two income statements for Alexis Co. Prepare adjusting journal entries for the year ended (date of) December 31, 2017, for each of these separate situations.

Wage expenses of $1,000 have been incurred but are not paid as of December 31, 2017.

An analysis of insurance policies showed that $4,380 of coverage had expired.

The Prepaid Insurance account had a $5,600 debit balance at December 31, 2017, before adjusting for the costs of any expired coverage.

One-third of the work related to $15,000 of cash received in advance was performed this period.

The December 31, 2017, physical count showed $649 of supplies available.

The Office Supplies account had a $550 debit balance on Decemand $2,680 of office supplies were purchased during the year.

An analysis of the company’s insurance policies showed that $1,220 of unexpired insurance coverage remains.

The Prepaid Insurance account had a $7,000 debit balance at December 31, 2017, before adjusting for the costs of any expired coverage.

Depreciation on the company’s equipment for 2017 is computed to be $11,000.

Exercise 3-3 Preparing adjusting entries LO P1

Prepare the journal entry to record payment of the employees’ wages on Friday, January 4.

Prepare the year-end adjusting entry for wages expenses.

Near year-end, the two employees worked Monday, December 31, and Wednesday through Friday, January 2, 3, and 4. They are paid on Fridays for work completed Monday through Friday of the same week. Pablo Management has two part-time employees, each of whom earns $110 per day. All I request is the remainder of time promised to me (approximately 14.5 hours) to adequately finish transposing my notes from their website.Q1.

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Regardless of their admittance to an obvious error and misdirection on their end, they refused to allow me the small amount of remaining time I requested (and according to them rightfully had remaining), stating I would need to purchase a full license for the one hour of additional time I needed to access my weeks worth of studies.The stubborn customer service reps I emailed were named:Desired Settlement: McGraw Hill Connect ended my free trial at midnight preceding the promised date and time. In email correspondence they acknowledged an error in their system stating 'This is actually a known issue with the free trial and our next level of support is already working for a resolution'. I promply contacted the McGraw Hill customer service representatives explaining my plight, requesting simply the remainder of my promised trial period. On the morning of the aforementioned expiration date I logged onto the mcgraw hill connect website to spend no more than an hour or two finishing my notes, when I was informed my account had expired. The days preceding that date and time were spent taking valuable notes on my work. Date was Jthe time was approximately 2:30 pm give or take 10 minutes (I cannot verify the time at this point as I am currently locked out of my account). On the home page was clearly displayed a specific time upon which my account would be inactive and I would not have access to my work at that point. When the end of my free trial period approached I finished my coursework and began to collect notes on my studies stored on the website in my account. I then began to put forth many hours of study and work into what would be stored on their website. They offered however a free trial period (which for my purposed and my particular class was the perfect amount and would save me much needed income as a college student).

Review: As a college student I was recently required to use McGraw Hill Connect's services to complete a portion of my class.