Question 2 Sain Advertising Ltd.s opening trial balance on January 1 shows Supplies $1,770, On January...
Sain Advertising Ltd's opening trial balance on January 1 shows Supplies $1.730. On January 11, the company purchased additional supplies for $2.790 on account. On January 31, there are $1,560 of supplies on hand. Part 1 Your answer is partially correct. Prepare the journal entry to record the purchase of supplies on January 11. (Credit account titles are automatically intended when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account...
Current Attempt in Progress Sain Advertising Ltd's opening trial balance on January 1 shows Supplies $1,730. On January 11, the company purchased additional supplies for $2,790 on account. On January 31, there are $1,560 of supplies on hand. Part 1 Prepare the journal entry to record the purchase of supplies on January 11. (Credit account titles are automatically intended when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles...
Advertising Ltd's opening trilal balance on January 1 shows Supplies $1,620.On January 11, the company purchased additional supplies for $2.280 on account On January 31, there are $1,870 of supplies on hand. Part 1 Prepare the journal entry to record the purchase of supplies on January 11.(Credi is entered. Do not indent manually. if no entry is required, select "No Entry" for the account titles ond enter O for the amounts) t account titles are automatically intended when the amount...
Question 3 0.25/1 View Policies Show Attempt History You are viewing Attempt 3 Sain Advertising Ltd's opening trial balance on January 1 shows Supplies $1,730. On January 11, the company purchased additional supplies for $2,790 on account. On January 31, there are $1,560 of supplies on hand. Attempts: 3 Part 2 Calculate the amount of supplies used during the month. Supplies used $ Attempts: 0 of 3 Part 3 Part 3 Prepare the adjusting entry required at January 31, assuming...
Wow Advertising Company's trial balance at December 31 shows Supplies £6,380 and Supplies Expense £0. On December 31, there are E2,839 of supplies on hand. Prepare the adjusting entry at December 31 and, using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Tities and Explanation Dec. 31 Supplies Supplies Expense
Sunland Advertising Company's trial balance at December 31 shows Supplies 56,900 and Supplies Experse $0 On December 31, there are $2,800 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually Credit Date Account Titles and Explanation Debit Dec. 31 Supplies Supplies Expense...
Accounts Payable
Accounts Receivable
Accumulated Depreciation - Buildings
Accumulated Depreciation - Equipment
Accumulated Depreciation - Furniture
Accumulated Depreciation - Vehicles
Advertising Expense
Bank Loan Payable
Bank Loan Receivable
Buildings
Cash
Common Shares
Depreciation Expense
Dividends Declared
Equipment
Fees Earned
Furniture
Income Summary
Income Tax Expense
Income Tax Payable
Income Tax Receivable
Insurance Expense
Insurance Revenue
Interest Expense
Interest Payable
Interest Receivable
Interest Revenue
Land
Mortgage Payable
No Entry
Notes Receivable
Office Expense
Prepaid Advertising
Prepaid Expense
Prepaid Insurance
Prepaid Rent...
Wildhorse Advertising Company's trial balance at December 31 shows Supplies $8,400 and Supplies Expense $0.On December 31. there are $2,800 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)The ledger of Blossom, Inc. on March 31, 2020, includes the following selected accounts before...
Brief Exercise 3-03 Bramble Corp's trial balance at December 31 shows Supplies $7,900 and Supplies Expense $0. On December 31, there are $2,800 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually.) Date Account Titles Debit Credit Dec. 31 Supplies . ....
Brief Exercise 3-03 Blue Spruce Corp.'s trial balance at December 31 shows Supplies 57,400 and Supplies Expense $0 On December 31, there are $3,500 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles Debit Credit Dec. 31 Supplies Supplies...