Sweeney Associates, a large marketing firm, adjusts the accounts at the end of each month. The following information is available for the year…

Sweeney & Associates, a large marketing firm, adjusts the accounts at the end of each month. The following information is available for the year ending Dec. 31,2009:1. a bank loan had been obtained on Dec. 1. Accrued interest on the loan at Dec 31 amounts to $1,200. No interest expense has yet been recorded.2. depreciation of the firms office building is based on an estimated life of 25 years. The building was purchased in 2005 for $330,0003. Accrued, but unbilled, revenue during Dec amounts to %64,0004. on March 1, the firm paid $1,800 to renew a 12-month insurance policy. the entire amount was recorded as prepaid insurance5. the firm received $14,000 from King Biscuit Company in advance of developing a six-month marketing campaign. the entire amount was initially recorded as unearned revenue. at Dec 31, $3,500 had actually been earned by the firm6. the company’s policy is to pay its employees every friday. since Dec 31 fell on a Wed, there was an accrued liability for salaries amounting to $2,400A) Record the necessary adjusted journal entries on Dec 31, 2009B) by how much did Sweeney & Associate’ net income increase or decrease as a result of the adjusting entries performed in part A? (ignore income taxes)

S.no.1 2 3 Date31-Dec-09 31-Dec-09 31-Dec-09 Adjusting EntriesParticularsInterest expenseInterest accrued on loan Debit1200 Credit1200 Depreciation expenseAccumulated depreciation – Office…

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with My Homework Geeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Live ChatWhatsApp