Adjustments Kretz Corporation prepares monthly financial statements and therefore adjusts its accounts at the end of every month. The following...

Adjustments

Kretz Corporation prepares monthly financial statements and therefore adjusts its accounts at the end of every month. The following information is available for March 2017:

For each of the following situations, identify and analyze the adjustments to be recorded on March 31, 2017. Do not round intermediate calculations. If required, round your final answers to the nearest dollar.