what i am doing wrong correct this please
Roland Company began operations on December 1
and needs assistance in preparing December 31
financial statements, including its year-end adjustments. The Tableau dashboard is provided to assist in the work.
Dec 1 Prepaid 24 month insurance policy (coverage starting immediately) for 2,400 cash
Record the purchase of insurance coverage.
Dec 7 Purchased supplies for $2,000 cash
Record the purchase of supplies.
Dec 13 Agreed to do $10,000 worth of work telo over the next 30 days. Payment is to be received when the work is completed on Jan 12
Record the purchase of supplies.
Dec 24 Received cash in advance to perform work for ABX over the next four weeks
Record the cash received for services to be performed.
For Roland Company in Industry F, record the journal entries required for December, excluding the December 31 year-end adjusting entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Important! Be sure to click the correct Industry at the top of the dashboard.
