…showed first 75 words of 1140 total…

…showed last 75 words of 1140 total…be paid until Feb. 1St. 1/ 31 Your contract with KROQ signed on the 12 went into effect early and 10% of the advertisements have been run even though no payment has been made. Required: Create all necessary adjusting entries and update your current balances. Then create a new set of financial statements along with appropriate footnotes, tax expense should be calculated at 30% of Income before taxes. After the final financial statements are finished, perform the appropriate closing entries.