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SOONER COMPANY
TRIAL BALANCE
APRIL 30
Account Debit Credit Cash $3100 Account receivable $5300 Prepaid rent $6600 Land $52000 Account payable $3500 Unearned revenue $1900 Common stock $32000 Retained earning $21000 Service revenues $24600 Surplus expenses $8600 Salaries expenses $7400 Total $83000 $83000I have given complete solution, in cass of any query you can comment and
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Exercise 2-17 Prepare a trial balance (LO2-6) Below is the complete list of accounts of Sooner...
Below is the complete list of accounts of Sooner Company and the related balance at the end of April. All accounts have...
Below is the complete list of accounts of Sooner Company and the related balance at the end of April. All accounts have their normal debit or credit balance. Cash, $3,100; Prepaid Rent, $6,600; Accounts Payable $3,500; Common Stock, $32,000; Service Revenue, $24,600; Salaries Expense, $7,400; Accounts Receivable, $5,300; Land, $52,000; Deferred Revenue, $1,900; Retained Earnings, $21,000; Supplies Expense, $8,600. Required: Prepare a trial balance with the list of accounts in the following order: assets, liabilities, stockholders' equity, revenues, and expenses....
Below is the complete list of accounts of Sooner Company and the related balance at the...
Below is the complete list of accounts of Sooner Company and the related balance at the end of April. All accounts have their normal debit or credit balance. Cash, $3,400; Prepaid Rent, $6,900; Accounts Payable $3,800; Common Stock, $35,000; Service Revenue, $24,900; Salaries Expense, $7,700; Accounts Receivable, $5,600; Land, $55,000; Deferred Revenue, $2,050; Retained Earnings, $21,750; Supplies Expense, $8,900. Required: Prepare a trial balance with the list of accounts in the following order: assets, liabilities, stockholders' equity, revenues, and expenses....
Exercise 2-18 Prepare a trial balance (LO2-6) Below is the complete list of accounts of Cobras...
Exercise 2-18 Prepare a trial balance (LO2-6) Below is the complete list of accounts of Cobras Incorporated and the related balance at the end of March. All accounts have their normal debit or credit balance. Supplies, $1,100, Buildings $38,000; Salaries Payable, $300, Common Stock, $18,000, Accounts Payable, $1,350, Utilities Expense, $2,000, Prepaid Insurance, $1,100; Service Revenue, $17,800, Accounts Receivable $2,500, Cash, $1,800, Salaries Expense, $4,700, Retained Earnings, $13,750. Required: Prepare a trial balance with the list of accounts in the...
Problem 2-6B Prepare a trial balance (LO2-6) Below are account balances of Ducks Company at the...
Problem 2-6B Prepare a trial balance (LO2-6) Below are account balances of Ducks Company at the end of September Balances $ 12,000 3,000 Accounts Balances Accounts Cash $20,000 Retained Earnings Accounts Receivable 13,000 Dividends Supplies 6,000 Service Revenue Prepaid Insurance 4,000 Salaries Expense Equipment 23,000 Insurance Expense Accounts Payable 6,000 Advertising Expense Salaries Payable 3,000 Supplies Expense Utilities Payable 1,000 Entertainment Expense Deferred Revenue 8,000 Utilities Expense Common Stock 24,000 8,000 7,000 1,000 9,000 5,000 1,000 Required: Prepare a trial...
Below is the complete list of accounts of a company and the related balance at the...
Below is the complete list of accounts of a company and the related balance at the end of April. All accounts have their normal debitor credit balance. Cash, $3,700; Prepaid Rent, $7.200; Accounts Payable $4,100; Common Stock, $38,000; Service Revenue, $25,200; Salaries Expense. $8,000; Accounts Receivable, $5,900; Land, $58,000; Deferred Revenue, $2,200, Retained Earnings. $22,500; Supplies Expense, $9,200. Required: Prepare a trial balance with the list of accounts in the following order: assets, liabilities, stockholders' equity, revenues, and expenses. Trial...
Use the following information to prepare a trial balance. Cash $ 6,600 Dividends $...
Use the following information to prepare a trial balance. Cash $ 6,600 Dividends $ 1,300 Deferred revenue 1,100 Salaries expense 2,800 Prepaid insurance 1,400 Accounts receivable 3,500 Accounts payable 2,200 Common stock 6,200 Retained earnings 2,800 Service revenue 7,900 Utilities expense 3,700 Maintenance expense 900
5. Below is the complete ist of accounts of Sooner Company and the related balance at...
5. Below is the complete ist of accounts of Sooner Company and the related balance at the end of Apil All accounts have Peir nornal debt or credt baianoe, Cash, 32 ,d 55,500. Accounts Payaible 52 400 Common Stock $21,000 Service Revenue $23,500Salaes Expense 8.300, Accounts Recevable, 54,200 Land, 341,0Dmed v 1.350,Ratained Eamings$18,250 Supplies Expense $7,500 Propare』tal balanco with the ist of accounts n te towng oor assets, iatītes hader einr revenues and openses. Trial Balenee 888886888888
Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) [The...
Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) [The following information applies to the questions displayed below.] Boilermaker House Painting Company incurs the following transactions for September. 1. September 3 Paint houses in the current month for $16,000 on account. 2. September 8 Purchase painting equipment for $17,000 cash. 3. September 12 Purchase office supplies on account for $2,700. 4. September 15 Pay employee salaries of $3,400 for the current month. 5....
Required information Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5,...
Required information Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) The following information applies to the questions displayed below.) Boilermaker House Painting Company incurs the following transactions for September 1. September 3 Paint houses in the current month for $17,500 on account. 2. September 8 Purchase painting equipment for $18,500 cash. 3. September 12 Purchase office supplies on account for $3,000. 4. September 15 Pay employee salaries of $3,700 for the current month....
Below you will find an adjusted trial balance. Trial Balance Accounts Debit Credit Cash 34,000 Accounts...
Below you will find an adjusted trial balance. Trial Balance Accounts Debit Credit Cash 34,000 Accounts Receivable 15,000 23,000 100,000 40,000 6,000 Inventory Equipment Accumulated Depr. Accounts Payable Notes Payable Common Stoo's Retained Earnings Dividends 70,000 10,000 32,000 4,000 Service Revenue 110,000 Sales Revenue 215,000 Interest Revenue 2,000 Cost of Goods Sold 155,000 Salaries Expense 80,000 Tax Expense 30.000 80,000 30,000 Salaries Expense Tax Expense Interest Expense Utilities Expense Supplies Expense 8,000 25,000 11,000 Totals 485,000 485,000 Prepare the closing...
Below is the complete list of accounts of Sooner Company and the related balance at the end of April. All accounts have their normal debit or credit balance. Cash, $3,100; Prepaid Rent, $6,600; Accounts Payable $3,500; Common Stock, $32,000; Service Revenue, $24,600; Salaries Expense, $7,400; Accounts Receivable, $5,300; Land, $52,000; Deferred Revenue, $1,900; Retained Earnings, $21,000; Supplies Expense, $8,600. Required: Prepare a trial balance with the list of accounts in the following order: assets, liabilities, stockholders' equity, revenues, and expenses....
Below is the complete list of accounts of Sooner Company and the related balance at the end of April. All accounts have their normal debit or credit balance. Cash, $3,400; Prepaid Rent, $6,900; Accounts Payable $3,800; Common Stock, $35,000; Service Revenue, $24,900; Salaries Expense, $7,700; Accounts Receivable, $5,600; Land, $55,000; Deferred Revenue, $2,050; Retained Earnings, $21,750; Supplies Expense, $8,900. Required: Prepare a trial balance with the list of accounts in the following order: assets, liabilities, stockholders' equity, revenues, and expenses....
Exercise 2-18 Prepare a trial balance (LO2-6) Below is the complete list of accounts of Cobras Incorporated and the related balance at the end of March. All accounts have their normal debit or credit balance. Supplies, $1,100, Buildings $38,000; Salaries Payable, $300, Common Stock, $18,000, Accounts Payable, $1,350, Utilities Expense, $2,000, Prepaid Insurance, $1,100; Service Revenue, $17,800, Accounts Receivable $2,500, Cash, $1,800, Salaries Expense, $4,700, Retained Earnings, $13,750. Required: Prepare a trial balance with the list of accounts in the...
Problem 2-6B Prepare a trial balance (LO2-6) Below are account balances of Ducks Company at the end of September Balances $ 12,000 3,000 Accounts Balances Accounts Cash $20,000 Retained Earnings Accounts Receivable 13,000 Dividends Supplies 6,000 Service Revenue Prepaid Insurance 4,000 Salaries Expense Equipment 23,000 Insurance Expense Accounts Payable 6,000 Advertising Expense Salaries Payable 3,000 Supplies Expense Utilities Payable 1,000 Entertainment Expense Deferred Revenue 8,000 Utilities Expense Common Stock 24,000 8,000 7,000 1,000 9,000 5,000 1,000 Required: Prepare a trial...
Below is the complete list of accounts of a company and the related balance at the end of April. All accounts have their normal debitor credit balance. Cash, $3,700; Prepaid Rent, $7.200; Accounts Payable $4,100; Common Stock, $38,000; Service Revenue, $25,200; Salaries Expense. $8,000; Accounts Receivable, $5,900; Land, $58,000; Deferred Revenue, $2,200, Retained Earnings. $22,500; Supplies Expense, $9,200. Required: Prepare a trial balance with the list of accounts in the following order: assets, liabilities, stockholders' equity, revenues, and expenses. Trial...
5. Below is the complete ist of accounts of Sooner Company and the related balance at the end of Apil All accounts have Peir nornal debt or credt baianoe, Cash, 32 ,d 55,500. Accounts Payaible 52 400 Common Stock $21,000 Service Revenue $23,500Salaes Expense 8.300, Accounts Recevable, 54,200 Land, 341,0Dmed v 1.350,Ratained Eamings$18,250 Supplies Expense $7,500 Propare』tal balanco with the ist of accounts n te towng oor assets, iatītes hader einr revenues and openses. Trial Balenee 888886888888
Required information Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) The following information applies to the questions displayed below.) Boilermaker House Painting Company incurs the following transactions for September 1. September 3 Paint houses in the current month for $17,500 on account. 2. September 8 Purchase painting equipment for $18,500 cash. 3. September 12 Purchase office supplies on account for $3,000. 4. September 15 Pay employee salaries of $3,700 for the current month....
Below you will find an adjusted trial balance. Trial Balance Accounts Debit Credit Cash 34,000 Accounts Receivable 15,000 23,000 100,000 40,000 6,000 Inventory Equipment Accumulated Depr. Accounts Payable Notes Payable Common Stoo's Retained Earnings Dividends 70,000 10,000 32,000 4,000 Service Revenue 110,000 Sales Revenue 215,000 Interest Revenue 2,000 Cost of Goods Sold 155,000 Salaries Expense 80,000 Tax Expense 30.000 80,000 30,000 Salaries Expense Tax Expense Interest Expense Utilities Expense Supplies Expense 8,000 25,000 11,000 Totals 485,000 485,000 Prepare the closing...
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