Using the form below, record each of the following transactions for Mayer Corporation during the year ending December Year
Required:
a November : Received cash from clients for services to be performed over the next six months, $
b November : Paid $ for a month insurance policy
c December : Recorded expiration of two months of the insuranc
d December : Earned $ of the amount received from clients in November
Note: Enter any decreases to account balances with a minus sign. Leave cells blank if no input is needed.
tableMAYER CORPORATIONThe Accounting EquationEventAssets,Liabilities,Stockholders' EquityCashSupplies,tablePrepaidInsurancetableAccountsPayabletableUnearnedRevenuetableCommonStocktableRetainedEarningsb Pc
