Question

QS 3-16 Determining effects of adjusting entries LO P1, P3

mp3 Accrued Revenues i 4. Exercise 3-4 Determining cost flows through accounts LO P1 Determine the missing amounts in each of these four separate situations a through d. ints d eBook $ $ $ 2,253 a 500 3,500 4,000 (950) Supplies available-prior year-end Supplies purchased during the current year Total supplies available Supplies available-current year-end Supplies expense for current year b 2,650 9,010 11,660 9,610 Print (2.733) 17390 (800) 10,185 References 2,350 < Prev 4 of 8 Next >

Answer 1

Computation of missing figures Supplies expense for current year - Total supplies avaslable Supplies asulalle - current yearend 4000-gso $3050 Supplies available - current year end e Total Supplies available - Supplies expense for current year = 11,660- 2350 z $ 9310 i t suppleres Total supplies available & Supplies available current year and - expense for artent year 2733 + 17390 20123 (11) L Total supplies grailable & Supplies available - prior year and - + Supplies priched dring the werent year 20123 a mot 2233 + x 2 217070 supelres on - Puchand drag the current year = 17850 Total supplos quailalle a foot logios a 10,985 1 Supplies available for year anda 10985-9110 = 1375 Note: pormula uped in fost da same as used in fant C.