Question

Q.03: Discuss the types of adjusting entries and need for adjusting entries.
Q.04: On December 1st Curt Williamson began an auto repair shop, Williamsons Quality Automotive. The following information about December’s transactions, accounts, and adjustment data is available.
Transactions:
Dec. 1 Williamson contributed $50,000 cash to the business in exchange for capital.
1 Purchased $10,800 of equipment paying cash.
1 Paid $4,500 for a 9-month insurance policy starting on December 1.
9 Paid $18,000 cash to purchase land to be used in operations.
10 Purchased office supplies on account, $3,000.
19 Borrowed $28,000 from the bank for business use. Williamson signed a note payable to the bank in the name of the business.
22 Paid $800 for advertising expenses.
26 Paid $1,000 on account.
28 The business received a bill for utilities to be paid in January, $280.
31 Revenues earned during the month included $17,500 cash and $2,700 on account.
31 Paid employees' salaries $3,600 and building rent $700. Record as a compound entry.
31 The business received $1,440 for auto screening services to be performed next month.​

Answer 1

Answer:

Write a Formal letter of placing order:

You are Parveen the manager of little wonders Toy Shop,you want to order different kinds of toys for the New Year’s celebrations.

List down different kinds of toys along with accurate number of prices required and mention all other important details.

Answer 2

Answer: clearly i want to be this answer to be attend online learning

Explanation: