Use the Information That Follows Taken from the Unadjusted Accounting

question 127

Essay

Use the information that follows taken from the unadjusted accounting records of Sheena, Inc. for the year ending December 31, 2010 to answer problems 24 through 26.
The following information is needed for adjusting entries at the end of December.
a. On December 31, 2010, the insurance expired amounted to $80.
b. Of the unearned revenue, $250 of services had been performed.
c. Services have been performed for customers that have not yet been billed or paid totaling $180.
d. The office equipment computation for 2010 depreciation amounts to $200.
-Determine total liabilities for Sheena, Inc. for the year ending December 31, 2010.

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Definitions:

Imposed On Another

Forcing or applying something on someone else against their will or without their consent.

Somatic Symptom Disorder

Syndrome marked by health concerns that are excessive given actual physical health, that persist despite contrary evidence, and that interfere with daily functioning.

Cognitive Therapies

Psychological treatments aimed at addressing and reshaping negative thought patterns that contribute to emotional distress and mental health issues.

Maladaptive Interpretations

Patterns of thinking or interpreting information and experiences in a way that is counterproductive or harmful to one's mental health.