Indicate the normal balance by inserting Debit or Credit. Normal Balance 1. Supplies select a normal...
|
 |
|
Homework Answers
Add Answer to:
Indicate the normal balance by inserting Debit or Credit.
Normal Balance
1.
Supplies
select a normal...
nistria Dalance or wionorse Locoes not avance WILDHORSE CO. Trial Balance June 30, 2022 Debit Credit...
nistria Dalance or wionorse Locoes not avance WILDHORSE CO. Trial Balance June 30, 2022 Debit Credit Cash $ 4.890 Accounts Receivable $4.990 Supplies 2,450 4,800 Equipment Accounts Payable 5,407 Unearned Service Revenue 2,850 Common Stock 10,800 Dividends 800 Service Revenue 5.280 Salaries and Wages Expense 3,560 Utilities Expense 930 $20,380 $26,377 Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors: 1. Cash received from a...
Account Type Asset Liability Equity Norma Balance Debit Credit 1. Cash 2. Accounts receivable 3. Supplies...
Account Type Asset Liability Equity Norma Balance Debit Credit 1. Cash 2. Accounts receivable 3. Supplies 4. Prepaid insurance 5. Equipment 6. Accounts payable 7. Deferred (Unearned) service revenue 8. Notes payable 9. Common stock 10. Consulting revenue 11. Salaries expense 12. lease expense
SUNLAND COMPANY Trial Balance June 30, 2017 Debit Credit Cash $ 6,090 Accounts Receivable $6,190 Supplies...
SUNLAND COMPANY Trial Balance June 30, 2017 Debit Credit Cash $ 6,090 Accounts Receivable $6,190 Supplies 2,750 6,000 Equipment Accounts Payable 6,686 Unearned Service Revenue 3.150 Common Stock 12,000 Dividends 800 Service Revenue 6,480 Salaries and Wages Expense 3,450 Utilities Expense 985 $23,325 $31.256 Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors: 1. Cash received from a customer on account was debited for $760,...
Indicate whether a debit or credit decreases the normal balance of each of the following accounts....
Indicate whether a debit or credit decreases the normal balance of each of the following accounts. Decrease Normal Balance a. Cash b. Accounts Receivable c. Note Receivable Prepaid Insurance Prepaid Rent Service Fees Earned Prepaid Parking Supplies Interest Revenue Store Equipment k Office Supplies Salaries Payable
The adjusted trial balance for Pl Detectives reported the following account balances: Accounts Receivable $590; Supplies...
The adjusted trial balance for Pl Detectives reported the following account balances: Accounts Receivable $590; Supplies $9,900; Prepaid Insurance $8,100; Equipment $32,500; Accumulated Depreciation $4,900; Accounts Payable $290; Deferred Revenue $5,900; Notes Payable $3,900; Common Stock $26,500; Retained Earnings $6,600; Dividends $3,900; Service Revenue $38,300; Salaries and Wages Expense $24,500; and Depreciation Expense $1,000. Prepare an adjusted trial balance as of December 31, and solve for its missing Cash balance. PIDETECTIVES Adjusted Trial Balance As of December 31 Debit Credit...
TR00 2000 Adjusted Trial Balance Debit Credit Cash S32.000 Accounts receivable 28.000 Supplies 3.500 Prepaid Insurance...
TR00 2000 Adjusted Trial Balance Debit Credit Cash S32.000 Accounts receivable 28.000 Supplies 3.500 Prepaid Insurance 6.000 Property. Plant & Equipment 995.000 Accumulated depreciation Accounts payable 122000 Salaries payable Utilities payable Deferred revenue Notes payable (due in 5yrs) 300.000 Common stock 220.000 Retained earnings 100 000 Dividends 25.000 Service revenue-new construction 620,000 Service revenue remodeling 310.000 Salaries expense Depreciation expense 90.000 Interest expense 12.000 Supplies expense 7.500 Utilities expense Service fee expense 167,500 Total $1.822.500 51.822.500 6.000 1. Net income...
For the following accounts please indicate whether the normal balance is a debit or a credit....
For the following accounts please indicate whether the normal balance is a debit or a credit. Sales Dividends Office Supplies Retained Earnings Accounts Receivable Prepaid Rent Prepaid Insurance Wages Payable Building Wages Expense
Credit Cash Accounts Receivable Debit $ 6,850 7,000 1,982 3,180 15,000 Supplies Prepaid Insurance Equipment Accounts...
Credit Cash Accounts Receivable Debit $ 6,850 7,000 1,982 3,180 15,000 Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21,982 8,300 4,000 1,715 $39,727 $39,727 In addition to those accounts listed on the trial balance, the chart of accounts for Richard also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. 2. 3....
2. Indicate with a "D" for Debit and a "C" for Credit, each accounts normal balance...
2. Indicate with a "D" for Debit and a "C" for Credit, each accounts normal balance (hint: the side you increase the account on). Cash Unearned Revenue Common Stock Revenue Salary Expense Accounts Payable Equipment Accounts Receivable Building Depreciation Expense
Indicate the nature of each account. Type Of Account 1. Supplies select a type of account...
Indicate the nature of each account.
Type Of Account
1.
Supplies
select a type of account
None
of the aboveRevenuesAssetLiabilityExpense
2.
Notes Payable
select a type of account
None
of the aboveRevenuesLiabilityAssetExpense
3.
Service Revenue
select a type of account
None
of the aboveExpenseAssetLiabilityRevenues
4.
Dividends
select a type of account
LiabilityNone of the aboveExpenseAssetRevenues
5.
Accounts Payable
select a type of account
AssetLiabilityNone of the aboveExpenseRevenues
6.
Salaries and Wages Expense
select a type of account
AssetLiabilityExpenseRevenuesNone of the...
nistria Dalance or wionorse Locoes not avance WILDHORSE CO. Trial Balance June 30, 2022 Debit Credit Cash $ 4.890 Accounts Receivable $4.990 Supplies 2,450 4,800 Equipment Accounts Payable 5,407 Unearned Service Revenue 2,850 Common Stock 10,800 Dividends 800 Service Revenue 5.280 Salaries and Wages Expense 3,560 Utilities Expense 930 $20,380 $26,377 Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors: 1. Cash received from a...
Account Type Asset Liability Equity Norma Balance Debit Credit 1. Cash 2. Accounts receivable 3. Supplies 4. Prepaid insurance 5. Equipment 6. Accounts payable 7. Deferred (Unearned) service revenue 8. Notes payable 9. Common stock 10. Consulting revenue 11. Salaries expense 12. lease expense
SUNLAND COMPANY Trial Balance June 30, 2017 Debit Credit Cash $ 6,090 Accounts Receivable $6,190 Supplies 2,750 6,000 Equipment Accounts Payable 6,686 Unearned Service Revenue 3.150 Common Stock 12,000 Dividends 800 Service Revenue 6,480 Salaries and Wages Expense 3,450 Utilities Expense 985 $23,325 $31.256 Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors: 1. Cash received from a customer on account was debited for $760,...
Indicate whether a debit or credit decreases the normal balance of each of the following accounts. Decrease Normal Balance a. Cash b. Accounts Receivable c. Note Receivable Prepaid Insurance Prepaid Rent Service Fees Earned Prepaid Parking Supplies Interest Revenue Store Equipment k Office Supplies Salaries Payable
The adjusted trial balance for Pl Detectives reported the following account balances: Accounts Receivable $590; Supplies $9,900; Prepaid Insurance $8,100; Equipment $32,500; Accumulated Depreciation $4,900; Accounts Payable $290; Deferred Revenue $5,900; Notes Payable $3,900; Common Stock $26,500; Retained Earnings $6,600; Dividends $3,900; Service Revenue $38,300; Salaries and Wages Expense $24,500; and Depreciation Expense $1,000. Prepare an adjusted trial balance as of December 31, and solve for its missing Cash balance. PIDETECTIVES Adjusted Trial Balance As of December 31 Debit Credit...
TR00 2000 Adjusted Trial Balance Debit Credit Cash S32.000 Accounts receivable 28.000 Supplies 3.500 Prepaid Insurance 6.000 Property. Plant & Equipment 995.000 Accumulated depreciation Accounts payable 122000 Salaries payable Utilities payable Deferred revenue Notes payable (due in 5yrs) 300.000 Common stock 220.000 Retained earnings 100 000 Dividends 25.000 Service revenue-new construction 620,000 Service revenue remodeling 310.000 Salaries expense Depreciation expense 90.000 Interest expense 12.000 Supplies expense 7.500 Utilities expense Service fee expense 167,500 Total $1.822.500 51.822.500 6.000 1. Net income...
Credit Cash Accounts Receivable Debit $ 6,850 7,000 1,982 3,180 15,000 Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21,982 8,300 4,000 1,715 $39,727 $39,727 In addition to those accounts listed on the trial balance, the chart of accounts for Richard also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. 2. 3....
2. Indicate with a "D" for Debit and a "C" for Credit, each accounts normal balance (hint: the side you increase the account on). Cash Unearned Revenue Common Stock Revenue Salary Expense Accounts Payable Equipment Accounts Receivable Building Depreciation Expense
Indicate the nature of each account.
Type Of Account
1.
Supplies
select a type of account
None
of the aboveRevenuesAssetLiabilityExpense
2.
Notes Payable
select a type of account
None
of the aboveRevenuesLiabilityAssetExpense
3.
Service Revenue
select a type of account
None
of the aboveExpenseAssetLiabilityRevenues
4.
Dividends
select a type of account
LiabilityNone of the aboveExpenseAssetRevenues
5.
Accounts Payable
select a type of account
AssetLiabilityNone of the aboveExpenseRevenues
6.
Salaries and Wages Expense
select a type of account
AssetLiabilityExpenseRevenuesNone of the...
Most questions answered within 3 hours.
-
Here is a pair of aromatic compounds that each have a complicated
set of aromatic peaks....
asked 15 minutes ago -
As with many public goods, determining the appropriate level of
government support for the production of...
asked 18 minutes ago -
Write a balanced chemical equation for the oxidation reaction
between Caro’s acid (H2SO5) and CN– ion...
asked 21 minutes ago -
Calculate the number of valence electrons for
[Mo(C6H6)(CO)3]
asked 31 minutes ago -
Which of the following are true about the strength of the
association between two variables?
1-...
asked 28 minutes ago -
You are a monopolist and know that your consumers have a linear
demand curve. At what...
asked 27 minutes ago -
Raising a heavy load requires work. Raising it in half the time
requires:
asked 33 minutes ago -
MGT-201: Marketing Management
Before deciding on the structure of the channel marketers must
take several factors...
asked 33 minutes ago -
1. ACLs allow a router to control traffic within a network. The
concept is very similar...
asked 35 minutes ago -
35. When the electron in a hydrogen atom falls from its first
excited energy level to...
asked 36 minutes ago -
A man is dragging a box of mass "m" by using a rope which rests
on...
asked 52 minutes ago -
Liquid octane
(CH3(CH2)6CH3) will
react with gaseous oxygen (O2) to produce gaseous carbon
dioxide (CO2) and...
asked 54 minutes ago