Settler Service Is Completing the Information Processing Cycle at the End

question 1

Essay

Settler Service is completing the information processing cycle at the end of its annual accounting period,December 31,20A.Four adjusting entries must be made to update the accounts.The following accounts,selected from the company's chart of accounts,are to be used for this purpose.They are coded to the left for easy reference.
You are to indicate the appropriate account code and amount for each required adjusting entry at December 31,20A.

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Definitions:

Offset Stream Channel

A stream or river channel that has been shifted laterally due to tectonic movement, creating a visible displacement along a fault line.

Active Faults

Faults that have moved recently (in geological terms) and are likely to experience future earthquakes.

Scarp

1. A linear or curved scar left behind by a landslide on a hillslope, marking where the landslide pulled away from the rest of the hill. 2. A break or step in the land surface formed by movement along a fault (fault scarp).

Linear Ridge

A long, narrow elevation of land, often formed by tectonic processes or the hardening of lava flows.