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M Completed by Apple Realty during November Purchased office supplies...
Journal Entries and Trial Balance Valley Realty acts as an agent in buying, selling, renting, and...
Journal Entries and Trial Balance Valley Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on July 31, 20Y7, follows: Valley Realty Unadjusted Trial Balance July 31, 20Y7 Account No. Debit Balances Credit Balances Cash 11 52,500 Accounts Receivable 12 100,100 Prepaid Insurance 13 12,600 Office Supplies 14 2,800 Land 16 — Accounts Payable 21 21,000 Unearned Rent 22 — Notes Payable 23 — Cindy Getman, Capital 31 87,500 Cindy Getman, Drawing...
Journal Entries and Trial Balance Elite Realty acts as an agent in buying, selling, renting, and...
Journal Entries and Trial Balance Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on March 31, 2019, follows: Elite Realty Unadjusted Trial Balance March 31, 2019 Account No. Debit Balances Credit Balances 11 Cash 12,970 12 Accounts Receivable 30,230 13 Prepaid Insurance 1,470 14 Office Supplies 880 16 Land — 21 Accounts Payable 8,550 22 Unearned Rent — 23 Notes Payable — 31 Lester Wagner, Capital 29,500 32 Lester Wagner,...
Apr 1 2 5 Paid rent on office for month, 56,000. Purchased office supplies on account,...
Apr 1 2 5 Paid rent on office for month, 56,000. Purchased office supplies on account, $2,400 Paid insurance premiums, $5,000. 10 Received cash from clients on account, $52,700. 15 Purchased land for a future building site for $227,000 paying $27,000 in cash and giving a note payable for the remainder Paid creditors on account, $6,050 20 Returned a portion of the office supplies purchased on April 2, receiving full credit for their cost, $360 23 Paid advertising expense, S4,150....
Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted...
Elite Realty acts as an agent in buying, selling, renting, and
managing real estate. The unadjusted trial balance on March 31,
2019, follows:
Elite Realty
UNADJUSTED TRIAL BALANCE
March 31, 2019
ACCOUNT TITLE DEBIT CREDIT
1
Cash
25,800.00
2
Accounts Receivable
60,800.00
3
Prepaid Insurance
3,200.00
4
Office Supplies
2,200.00
5
Land
6
Accounts Payable
13,000.00
7
Unearned Rent
8
Notes Payable
9
Lester Wagner, Capital
44,000.00
10
Lester Wagner, Drawing
2,400.00
11
Fees Earned
243,100.00
12
Salary and Commission...
Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted...
Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on March 31, 2018, follows: Elite Realty UNADJUSTED TRIAL BALANCE March 31, 2018 ACCOUNT TITLE DEBIT CREDIT 1 Cash 25,300.00 2 Accounts Receivable 58,500.00 3 Prepaid Insurance 3,400.00 4 Office Supplies 2,100.00 5 Accounts Payable 12,600.00 6 Common Stock 10,000.00 7 Retained Earnings 37,100.00 8 Dividends 2,400.00 9 Fees Earned 240,100.00 10 Salary and Commission Expense 147,600.00 11 Rent Expense 35,000.00 12...
Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted...
Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on March 31, 2018, follows: Elite Realty UNADJUSTED TRIAL BALANCE March 31, 2018 ACCOUNT TITLE DEBIT CREDIT 1 Cash 26,100.00 2 Accounts Receivable 59,400.00 3 Prepaid Insurance 3,100.00 4 Office Supplies 2,100.00 5 Accounts Payable 12,500.00 6 Common Stock 10,000.00 7 Retained Earnings 37,800.00 8 Dividends 2,000.00 9 Fees Earned 237,900.00 10 Salary and Commission Expense 147,600.00 11 Rent Expense 32,000.00 12...
Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted...
Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on March 31, 2016, follows: Elite Realty UNADJUSTED TRIAL BALANCE March 31, 2016 ACCOUNT TITLE DEBIT CREDIT 1 Cash 25,300.00 2 Accounts Receivable 61,700.00 3 Prepaid Insurance 2,700.00 4 Office Supplies 2,000.00 5 Land 6 Accounts Payable 12,400.00 7 Unearned Rent 8 Notes Payable 9 Common Stock 10,000.00 10 Retained Earnings 37,100.00 11 Dividends 2,400.00 12 Fees Earned 238,000.00 13 Salary and...
Valley Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted...
Valley Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on July 31, 2019, follows: Valley Realty Unadjusted Trial Balance July 31, 2019 Account Credit Debit Balances No. Balances Cash 52.500 12 100,100 Accounts Receivable Prepaid Insurance 13 12,600 Office Supplies 2,800 16 Land 21 Accounts Payable 21,000 22 Uneared Rent 23 Notes Payable 31 87,500 Cindy Getman, Capital Cindy Getman, Drawing 32 44,800 Fees Eamed 591,500 Cash 52,500 Accounts Receivable 100,100...
Valley Realty Unadjusted Trial Balance July 31, 20Y7 Account No. Debit Balances Credit Balances Cash 11...
Valley Realty Unadjusted Trial Balance July 31, 20Y7 Account No. Debit Balances Credit Balances Cash 11 52,500 Accounts Receivable 12 100,100 Prepaid Insurance 13 12,600 Office Supplies 14 2,800 Land 16 — Accounts Payable 21 21,000 Unearned Rent 22 — Notes Payable 23 — Cindy Getman, Capital 31 87,500 Cindy Getman, Drawing 32 44,800 Fees Earned 41 591,500 Salary and Commission Expense 51 385,000 Rent Expense 52 49,000 Advertising Expense 53 32,200 Automobile Expense 54 15,750 Miscellaneous Expense 59 5,250...
Journal Entries and Trial Balance On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed...
Journal Entries and Trial Balance On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: a. Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $31,000. b. Paid rent on office and equipment for the month, $5,730. C. Purchased supplies on account, $1,690. d. Paid creditor on account, $620. e. Eamed fees, receiving cash, $26,040. f. Paid automobile expenses (including rental charge) for month,...
Apr 1 2 5 Paid rent on office for month, 56,000. Purchased office supplies on account, $2,400 Paid insurance premiums, $5,000. 10 Received cash from clients on account, $52,700. 15 Purchased land for a future building site for $227,000 paying $27,000 in cash and giving a note payable for the remainder Paid creditors on account, $6,050 20 Returned a portion of the office supplies purchased on April 2, receiving full credit for their cost, $360 23 Paid advertising expense, S4,150....
Elite Realty acts as an agent in buying, selling, renting, and
managing real estate. The unadjusted trial balance on March 31,
2019, follows:
Elite Realty
UNADJUSTED TRIAL BALANCE
March 31, 2019
ACCOUNT TITLE DEBIT CREDIT
1
Cash
25,800.00
2
Accounts Receivable
60,800.00
3
Prepaid Insurance
3,200.00
4
Office Supplies
2,200.00
5
Land
6
Accounts Payable
13,000.00
7
Unearned Rent
8
Notes Payable
9
Lester Wagner, Capital
44,000.00
10
Lester Wagner, Drawing
2,400.00
11
Fees Earned
243,100.00
12
Salary and Commission...
Valley Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on July 31, 2019, follows: Valley Realty Unadjusted Trial Balance July 31, 2019 Account Credit Debit Balances No. Balances Cash 52.500 12 100,100 Accounts Receivable Prepaid Insurance 13 12,600 Office Supplies 2,800 16 Land 21 Accounts Payable 21,000 22 Uneared Rent 23 Notes Payable 31 87,500 Cindy Getman, Capital Cindy Getman, Drawing 32 44,800 Fees Eamed 591,500 Cash 52,500 Accounts Receivable 100,100...
Journal Entries and Trial Balance On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: a. Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $31,000. b. Paid rent on office and equipment for the month, $5,730. C. Purchased supplies on account, $1,690. d. Paid creditor on account, $620. e. Eamed fees, receiving cash, $26,040. f. Paid automobile expenses (including rental charge) for month,...
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