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TRANSACTION 1 TRANSACTION 2 TRANSACTION 3 TRANSACTION 4 ...

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Accounting

TRANSACTION 1
TRANSACTION 2
TRANSACTION 3
TRANSACTION 4
TRANSACTION 5
The year 2022 ended on a Friday, but 3C did not pay the employees for the last two
days they worked in 2022(the company always pays payroll on Wednesdays). The first
payroll paid in January 2023 will include $17,482 for these two work days.
3C paid for their December 2022 office rent in November. As of December 31, they had
not yet recorded the rent expense of $8,200 that related to the month of December
3C had their office professionally cleaned in December 2022. As of December 31,2022,
3C had not yet received an invoice for these services but estimates that they will cost
$2,100.
3C performed consulting services totaling $13,467 for Fairhaven Charter School in
December 2022. As of the end of the year, 3C had not yet sent a bill to Fairhaven for
these services.
Nathan noticed that $25,000 of the unearned revenue balance at December 31,2022
had actually been earned by providing consulting services in December 2022. He has not
yet recorded this transaction.
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