Good morning I need some help with these practice questions that I just cant seem to get right, if w

SCI207 Ashford Greenhouse Gases & Sea Level Rise Experiment Assignment
November 22, 2020
Evaluate the impact of internal resources and financial capabilities on the business model implementation.
November 22, 2020

Good morning I need some help with these practice questions that I just cant seem to get right, if w

Good morning I need some help with these practice questions that I just cant seem to get right, if whoever answers them can also give me a brief explanation of why is that the correct answer, I would greatly appreciate it .

Question 2

0 / 4 pts

The balance in the office supplies account on June 1 was $9,200, supplies purchased during June were $2,500, and the supplies on hand at June 30 were $2,000. The amount to be used for the appropriate adjusting entry is

  

$9,700

  

$2,500

  

$5,700

  

$4,500

Question 17

0 / 4 pts

The following accounts were taken from the Adjusted Trial Balance columns of the work sheet:

Accumulated Depreciation

$  2,000

Service Revenue

10,000

Depreciation Expense

    1,000

Insurance Expense

       500

Prepaid Insurance

    4,500

Supplies

    1,200

Supplies Expenses

    3,500

Net income for the period is

  

$4,300

  

$10,000

  

$2,300

  

$5,000

 

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