Question

0 Vie Ajustment data: (Click the icon to view t Read the requirements. Salaries Expense Dec. 1 Rent Expense Dec. 9 Dec. 10 Dec. 19 Dec 22 Dec. 26 Dec 28 Dec 31 Click Check Answer Clear All

Answer 1

Cash					Accounts Receivable
Dec-01	$       70,000	$        12,000	Dec-01		Dec-31	$                   3,600
Dec-19	$       15,000	$           1,750	Dec-01
Dec-31	$       16,000	$        20,000	Dec-09
Dec-31	$         1,440	$           1,300	Dec-22
		$              900	Dec-26
		$           5,000	Dec-31
		$           5,500	Dec-31
Ending Balance	$       55,990				Ending Balance	$                   3,600
Office Supplies					Prepaid Insurance
Dec-10	$         2,800				Dec-01	$                   1,750
Ending Balance	$         2,800				Ending Balance	$                   1,750
Land					Equipment
Dec-09	$       20,000				Dec-01	$                 12,000
Ending Balance	$       20,000				Ending Balance	$                 12,000
Accounts Payable					Waldo, Capital
Dec-26	$             900	$           2,800	Dec-10				$ 70,000	Dec-01
Ending Balance		$           1,900			Ending Balance		$ 70,000
Waldo, Drawings					Unearned Revenue
Dec-31	$         5,500						$    1,440	Dec-31
Ending Balance	$         5,500				Ending Balance		$    1,440
Service Revenue					Rent Expense
		$        16,000	Dec-31		Dec-31	$                   1,200
		$           3,600	Dec-31
Ending Balance		$        19,600			Ending Balance	$                   1,200
Salaries Expense					Notes Payable
Dec-31	$         3,800						$ 15,000	Dec-19
Ending Balance	$         3,800				Ending Balance		$ 15,000
Advertising Expense					Utilities Expense
Dec-22	$         1,300				Dec-28	$                       280
Ending Balance	$         1,300				Ending Balance	$                       280
Utilities Payable
		$              280	Dec-28
Ending Balance		$              280

Given journal entries have been posted to accounts.