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On December 31, 2020, Dyer inc completed ns fist year of operations. Because this is...

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Accounting

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On December 31, 2020, Dyer inc completed ns fist year of operations. Because this is the ond of the annuat accounting period, the compory bookkeeper prepared the following prelimunary incomo statement You are an independent CPA hired by the company to audt tho fim 's accountang systems and finencial statements. In youk audit, you developed odditional data as follow a. Wayes for the last twee doys of December amounting to $350 wete not recorded or paid b. The $460 telephone bill for Dexember 2020 his not been recorded or paid c Depreciation on rental autos, amounting to $23,400 for 2020 , was not recorded d interest or $700 was not recaided on the note poyable by Dyor inc e. The Pental revenue account inctudes $4.160 of ievencie that will be earned in Janvary 2021 i Maintenence supples costing $680 were used during 2020 , but thes has not yet been tecorded g The incerne tax expense for 2020 is 58.200 , but a wont actually be paid untit 2021. Mequired: transactionvevent, select "No journal entry required" in the first account fieid)

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