Homework Answers
Add Answer to:
Detroit direct insurance agency posted to the general ledger
for all relevant accounts for the month...
Now that all adjusting entries have been posted to the general ledger, you are asked to...
Now that all adjusting entries have been posted to the general ledger, you are asked to prepare the schedule of accounts receivable and the schedule of accounts payable as at June 30, 2020. The purpose of preparing the schedule of accounts receivable is to verify that the sum of the customer balances recorded in the accounts receivable subsidiary ledger is equal to the balance of the Accounts Receivable control account in the general ledger. Similarly, the purpose of the schedule...
please journalize the closing entires and post to general ledger. thanks CASH Acent 0 101 2018...
please journalize the closing entires and post to general
ledger. thanks
CASH Acent 0 101 2018 Balance Post Ref Date Description Credit Credit Debit 20,000.00 Debit 20,000.00 11.500.00 June 8,500.00 13,000.00 1,500.00 5,000.00 3,500.00 1,000.00 2,500.00 2,000.00 1,000.00 Journal not posted to GL: -150 pts Account: ACCOUNT RECEIVABLE 2018 Balance Description Credit Credit Date June Debit 20,000.00 10 Debit 20.000.00 15,000.00 5,000.00 Account: SUPPLIES Accnt : 2018 Balance Description Date June Credit Credit Debit 2,000.00 2.000.00 Debit 2.000.00 4,000.00 20...
can anyone help me out here with General Ledger? Date Account Tities and Explanation Ref. Debit...
can anyone help me out here with General Ledger?
Date Account Tities and Explanation Ref. Debit 175.000 60,000 Cash Kitchen office Common equipment equipment stock bove 241, 0002 2. 10,000 Account Phyable 10,000 act 3 Pre- Paid Cash Rei - LOC 4, 400 oct s Account Recevable Sales Revenue 7,ooo 7,000 oct 5 Cost of good sold/ anvendery 5,000 5,000 at 16 Pre Paid - Cash insurance 3,600 3, boo Account - Cush Payable 10002 oct 10 no jouana) entry...
ledger T chart is what is needed i think also this information may be relevant 1.04...
ledger T chart is what is needed i think also this information may
be relevant
1.04 Maria Miller started her own consulting firm, Miller Consulting, on May 1, 2020. The trial balance at May 31 is as follows. MILLER CONSULTING Trial Balance May 31, 2020 Account Number 101 Credit 112 126 Debit $4,700 6,100 1,700 2,400 12,000 130 149 201 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Owner's Capital Service Revenue Salaries and Wages Expense...
These are the journal entries to the accounts in the general ledgar. I am having trouble...
These are the journal entries
to the accounts in the general ledgar. I am having trouble on how
to make a trial balance. It has 12 columns to fill in data with
account type and the amount that each account type has but I can
not figure the pieces out.
28 N o Q H K M notes payable Date Explanation Ref Debit Credit Balance 4-Sep equipment 20000 20000 common stock Date Explanation Ref Debit Credit Balance 1-Sep cash 25000...
PART 10: Post and Close All Accounts Post the closing entries to the general ledger in...
PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit Dec. 31 Service Revenue 22,700 Retained Earnings 22,700 Date Accounts Debit Credit Dec. 31 Retained Earnings 8,385 Salaries Expense 5,500 Depreciation Expense - Furniture 300 Insurance Expense 375 Utilities Expense 240 Rent Expense 1,900 Supplies Expense...
Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as...
Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances. (Post entries in the order of journal entries presented in the previous part.) arance as beginni Cash Date Explanation Ref. Debit No. 101 Balance Credit May 31 Balance Accounts Receivable Date Explanation No. 112 Debit Credit May 31 Balance > May 31 Adjusting I Supplies Date Explanation Balance May 31 - = > May 31 Adjusting Prepaid Insurance Date Explanation May...
General Ledger (14 Points) Account: Cash 11 Account No: Post Balance Date Debit Credit Ref Credit...
General Ledger (14 Points) Account: Cash 11 Account No: Post Balance Date Debit Credit Ref Credit Debit Jan 1 Jan1 Jan1 Jan 10 Jan 12 Jan 16 Jan 28 Jan 30 15000 00 15000-00 14500,00 12 (00.00 14500.00 12.700.00 1eco.00 109 00 .00 t,00,00 10,900,00 5 00.00 2400.00 24 00.00 1800.c0 1 1000.00 1000 Account: Accounts Receivable 12 Account No: Balance Post Date Debit Credit Ref Debit Credit 15 00 00 2750.00 1750, 00 Jan 3 Jan 25 Jon 28...
need help with part 1 & 2 1. Post and calculate trial balance for the following...
need help with part 1 & 2
1. Post and calculate trial balance for the following transactions for 'AAA Catering! Jan. 1 Stockholders invested $20,000 cash in the business in exchange of comm. stock 2 Paid $1,000 cash for store rent for the month of January 3 Purchased washers and dryers (laundry equipment) for $25,000 paying $10,000 in cash and signing a $15,000 note payable 4 Paid $1,200 cash for a one-year accident insurance policy 10 Declared and paid a...
Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the...
Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the adjusting entries. (Post entries in the order of journal entries posted in the previous part of the question.) Cash Date No. 101 Balance Debit Ref. Credit Explanation May 31 Balance Supplies Date No. 126 Balance Explanation Ref. Debit Credit May 31 Balance May 31 Adjusting Prepaid Insurance Date Explanation No. 130 Balance Credit May 31 Balance May 31...
Now that all adjusting entries have been posted to the general ledger, you are asked to prepare the schedule of accounts receivable and the schedule of accounts payable as at June 30, 2020. The purpose of preparing the schedule of accounts receivable is to verify that the sum of the customer balances recorded in the accounts receivable subsidiary ledger is equal to the balance of the Accounts Receivable control account in the general ledger. Similarly, the purpose of the schedule...
please journalize the closing entires and post to general
ledger. thanks
CASH Acent 0 101 2018 Balance Post Ref Date Description Credit Credit Debit 20,000.00 Debit 20,000.00 11.500.00 June 8,500.00 13,000.00 1,500.00 5,000.00 3,500.00 1,000.00 2,500.00 2,000.00 1,000.00 Journal not posted to GL: -150 pts Account: ACCOUNT RECEIVABLE 2018 Balance Description Credit Credit Date June Debit 20,000.00 10 Debit 20.000.00 15,000.00 5,000.00 Account: SUPPLIES Accnt : 2018 Balance Description Date June Credit Credit Debit 2,000.00 2.000.00 Debit 2.000.00 4,000.00 20...
can anyone help me out here with General Ledger?
Date Account Tities and Explanation Ref. Debit 175.000 60,000 Cash Kitchen office Common equipment equipment stock bove 241, 0002 2. 10,000 Account Phyable 10,000 act 3 Pre- Paid Cash Rei - LOC 4, 400 oct s Account Recevable Sales Revenue 7,ooo 7,000 oct 5 Cost of good sold/ anvendery 5,000 5,000 at 16 Pre Paid - Cash insurance 3,600 3, boo Account - Cush Payable 10002 oct 10 no jouana) entry...
ledger T chart is what is needed i think also this information may
be relevant
1.04 Maria Miller started her own consulting firm, Miller Consulting, on May 1, 2020. The trial balance at May 31 is as follows. MILLER CONSULTING Trial Balance May 31, 2020 Account Number 101 Credit 112 126 Debit $4,700 6,100 1,700 2,400 12,000 130 149 201 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Owner's Capital Service Revenue Salaries and Wages Expense...
These are the journal entries
to the accounts in the general ledgar. I am having trouble on how
to make a trial balance. It has 12 columns to fill in data with
account type and the amount that each account type has but I can
not figure the pieces out.
28 N o Q H K M notes payable Date Explanation Ref Debit Credit Balance 4-Sep equipment 20000 20000 common stock Date Explanation Ref Debit Credit Balance 1-Sep cash 25000...
PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit Dec. 31 Service Revenue 22,700 Retained Earnings 22,700 Date Accounts Debit Credit Dec. 31 Retained Earnings 8,385 Salaries Expense 5,500 Depreciation Expense - Furniture 300 Insurance Expense 375 Utilities Expense 240 Rent Expense 1,900 Supplies Expense...
Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances. (Post entries in the order of journal entries presented in the previous part.) arance as beginni Cash Date Explanation Ref. Debit No. 101 Balance Credit May 31 Balance Accounts Receivable Date Explanation No. 112 Debit Credit May 31 Balance > May 31 Adjusting I Supplies Date Explanation Balance May 31 - = > May 31 Adjusting Prepaid Insurance Date Explanation May...
General Ledger (14 Points) Account: Cash 11 Account No: Post Balance Date Debit Credit Ref Credit Debit Jan 1 Jan1 Jan1 Jan 10 Jan 12 Jan 16 Jan 28 Jan 30 15000 00 15000-00 14500,00 12 (00.00 14500.00 12.700.00 1eco.00 109 00 .00 t,00,00 10,900,00 5 00.00 2400.00 24 00.00 1800.c0 1 1000.00 1000 Account: Accounts Receivable 12 Account No: Balance Post Date Debit Credit Ref Debit Credit 15 00 00 2750.00 1750, 00 Jan 3 Jan 25 Jon 28...
need help with part 1 & 2
1. Post and calculate trial balance for the following transactions for 'AAA Catering! Jan. 1 Stockholders invested $20,000 cash in the business in exchange of comm. stock 2 Paid $1,000 cash for store rent for the month of January 3 Purchased washers and dryers (laundry equipment) for $25,000 paying $10,000 in cash and signing a $15,000 note payable 4 Paid $1,200 cash for a one-year accident insurance policy 10 Declared and paid a...
Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the adjusting entries. (Post entries in the order of journal entries posted in the previous part of the question.) Cash Date No. 101 Balance Debit Ref. Credit Explanation May 31 Balance Supplies Date No. 126 Balance Explanation Ref. Debit Credit May 31 Balance May 31 Adjusting Prepaid Insurance Date Explanation No. 130 Balance Credit May 31 Balance May 31...
Most questions answered within 3 hours.
-
Flower colour in a plant species is determined by two genes,
gene B and gene P....
asked 1 minute from now -
findWordCrossIndex(horizontalWord, verticalWord) This function
finds and returns the index in the string "horizontalWord" of the
first...
asked 1 minute ago -
evaluate the statements below and select those that correctly apply
to the role of PAMPs and...
asked 8 minutes ago -
Congratulations! You have just won the Lottery. The Lottery
Commission informs you that you can choose...
asked 13 minutes ago -
bulk flow (in respiration) moves blood from?
Air in and out of lungs?
air into lungs?...
asked 18 minutes ago -
Which of the following describes a private network?
1. A wide area network (WAN) linking sites...
asked 33 minutes ago -
The purpose of this
lab: Wireshark Intro Lab
is to get students
familiar with the use of...
asked 41 minutes ago -
Question 3
A 50 percent deduction is allowed for amounts paid or incurred for
dues and...
asked 39 minutes ago -
Assuming that the wave speed varies little when sound waves are
traveling through a material that...
asked 54 minutes ago -
The rise of online shopping and Amazon, in particular, has
created major dilemmas for large food/CPG...
asked 54 minutes ago -
Is oxygen difluoride polar or nonpolar?
nonpolar
polar
ionic
none of the above
asked 1 hour ago -
Starting from rest, a car accelerates at a constant rate of 2.6
m/s2 for a time...
asked 1 hour ago