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If you are unsure of something, please make an assumption and list your assumptions in...

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Accounting

If you are unsure of something, please make an assumption and list your assumptions in the green space provided for each question, along with your supporting calculations.

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Problem 2- Enter the appropriate adjustments in the yellow boxes. Write any notes you have beside (in Column D & to the right in green) Add back an amount, deduct an amount, or put 0 if no reconciliation adjustment. Net income (financial statements) 117,600.00 Notes/ work shown: Adjustments to reconcile: 1. Income tax expense 2. Warranty 3. Financing share issuance costs 4. Instalment interest 5. Amortization expense 5.CCA 6. Golf club dues 6. Meals & entertainment costs with clients 7. Christmas party 8. Meals for remote workspace employees 9. Site investigation costs 10. Donations 11. Landscaping costs 12. Interest expense amortization-bond 13. Premiums on life insurance Net income for tax purposes 117,600.00

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