Please help me fill out these two charts. Also, what is the total amount of unearned revenue? Thank you so much. Raylan received a $69,000 cash advance payment on June 1, Year 1, for consulting services to be performed in the future. Serviceswere to be provided for a one-year term beginning June 1, Year 1.Requireda. & b. Record the June 1 cash receipt in T-accounts and the adjustment required as of December 31, Year 1.c. Show the preceding transaction and related adjustment in a horizontal statements model.d. Determine the amount of net income on the Year 1 income statement. What is the amount of net cash flow from operating activitiesfor Year 1?e. What amount of liabilities would Raylan report on the Year 1 balance sheet?Complete this question by entering your answers in the tabs below.Req A and BDateReq C6/112/31BalanceShow the preceding transaction and related adjustment in a horizontal statements model. (Enter any decreases to account balances and cash outflows with a minus sign. In theStatement of Cash Flows column, use the initials OA to designate operating activity, FA to designate finance activity, IA to designate investing activity and NC for net change in cash.Not all cells require input. Round your answers to the nearest dollar.)AssetsReq D0=Req ERAYLAN COMPANYEffect of Transactions on Financial StatementsBalance SheetLiabilities +0+Stockholders'Equity0RevenueIncome Statement0-Expenses = Net Income0 =0Statement of CashFlows0OANCShow less AI Raylan received a $69,000 cash advance payment on June 1, Year 1, for consulting services to be performed in the future. Serviceswere to be provided for a one-year term beginning June 1, Year 1.Requireda. & b. Record the June 1 cash receipt in T-accounts and the adjustment required as of December 31, Year 1.c. Show the preceding transaction and related adjustment in a horizontal statements model.d. Determine the amount of net income on the Year 1 income statement. What is the amount of net cash flow from operating activitiesfor Year 1?e. What amount of liabilities would Raylan report on the Year 1 balance sheet?Complete this question by entering your answers in the tabs below.Req A and BBeg. Bal6/1End. BalRecord the June 1 cash receipt in T-accounts and the adjustment required as of December 31, Year 1. (Do not round intermediatecalculations. Round your answers to the nearest dollar amount.)Beg. BalReq CEnd. BalCashReq DService RevenueReq E12/31Beg. Bal12/31End. BalUnearned Revenue6/1

The process of recording business transactions in the books of accounts for the first time is…

Raylan received a $69,000 cash advance payment on June 1, Year 1, for consulting services to be performed in the future. Services were to be provided for a one-year term beginning June 1, Year 1. Required a. & b. Record the June 1 cash receipt in T-accounts and the adjustment required as of December 31, Year 1. c. Show the preceding transaction and related adjustment in a horizontal statements model d. Determine the amount of

Raylan received a $69,000 cash advance payment on June 1, Year 1, for consulting services to be performed in the future. Services were to be provided for a one-year term beginning June 1, Year 1. Required a. & b. Record the June 1 cash receipt in T-accounts and the adjustment required as of December 31, Year 1. c. Show the preceding transaction and related adjustment in a horizontal statements model d. Determine the amount of

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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show calculations where needed
Using Excel, create a table that shows the relationship between the interestearned and the amount deposited, as shown. we will first create the dollar amount column and the interest row, as shown . Next we will type into cell B3 the formula = $A3*B$2. We can now use the Fill command to copy the formula in other cells, resulting in the table as shown. Note that the dollar sign before A3 means column A is to remain unchanged in the calculations when the formula is copied into other cells. Also note that the dollar sign before 2 means that row 2 is to remain unchanged in calculations when the Fill command is used.
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Hi, Can you please help me with problem 5.6? Thank you.
can you help with this asap please its for homework
3. Zach had surgery, which was his third claim of the year. He had a bill of $5000. Considering the prior visits, what is Zach's portion of this bill, and what is the responsibility of the insurance carrier? 4. How much is Zach responsible for so far this year considering his first three visits?
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I need 1,2,3,4, and 6 answered without using excel please.
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