Accounting 1

3.a)Calculate the value of the unexpired redress on the adjacent policies as of June 30, 20-4. |Company |Policy get a line |Term | indemnity |unexpired Insurance | |1. Bristol |July 31, 20-3 |1 course of study |$ 420 | $ 35 | |2. Maine |October 31, 20-3 |1 stratum |$1 080 | $360 | |3. Ipswich |January 31, 20-4 |1 year |$ 576 | $336 | b)Assuming that the valuation account unveiling for unexpired insurance was not made at the depot of the fiscal period, indicate the effects on the income record and the rareness tag end for the year just finish by placing a check check off (() in the appropriate columns.

| | misdirect |Understated |No resultant | |Total Assets |( | | | |Total Liabilities | | |( | | owners Equity |( | | | | receipts | | |( | | outgos | |( | | |Net Income |( | | | 4.a)The trial end figures for Dennison Delivery Service advance on the following tick ragtime. Using the additional tuition below, complete the eight-column work sheet for the fiscal year ended June 30, 20-4. GST accounts are not to be considered. Additional Information 1.Purchase invoices acquire in July, 20-4, pertaining to goods and services received in June 20-4, are for the following: Supplies$280.00 discordant Expense140.00 Utilities Expense210.20 2.The...If you want to get a full essay, order it on our website: Ordercustompaper.com

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