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Roland Company began operations on December 1 and needs assistance in preparing December 31 financial...

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Accounting

Roland Company began operations on December 1 and needs assistance in preparing December 31 financial statements, including its
year-end adjustments. The Tableau dashboard is provided to assist in the work.
Selected December-January Transactions
Additional Information as of December 31
Telo Job Completion at Year-End
ABX Job Completion at Year-End
Supplies Remaining at Year-End
Wages Earned By Workers but not yet Paid at
Year-End
Record (a) the prepayment of insurance on December 1 and (b) the adjusting journal entry for prepaid insurance on December 31.
Record (a) the advance payment from ABX and (b) the adjusting journal entry to unearned revenue on December 31.
Complete this question by entering your answers in the tabs below.
Record (a) the prepayment of insurance on December 1 and (b) the adjusting journal entry for prepaid insurance on December 31.
View transaction list
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