Question
Post the 2018 journal entries to the t accounts to obtain the ending balances at December 31, 2018. Use the dates as posting references to post each entry to the relevant accounts, then compute the ending balance of each account. Lane the ending balance with “End. Bal.” (For accounts with a $0 balance, select END BAL and enter “0” on the normal balance side of the t account)

omework: HW #4 ore: 0 of 3 pts 4-8 (similar to) 2 of 10 (1 complete) Coooa & Cream year of entries in (cack the icon to view the journal entres.) hat occurred: Prepare C&CDs 1-accounts for all relevant accounts for the yoar ended December 31,2018.Post joumal entries to the general ledger Accounts kecervabie Equipment Supplies Common Stock Accounts Payable Sales Revenue Wage Expense Choose from any list or enter any number in the inut fieldธ and then click Check Answer Clear All part emaining
2 of 10 (1 complete) Journal Entries Account Cash Ref January 10 100 198.00 Common Stock 300 198,000 Account Ref March 15 Equipment 52,000 Accounts Payable 200 52,000 Account Supplies Cash Ref April 12 10227.000 100 27,000 Account Ref 100 78,000 400 May 31 Cash Sales Revenue 78,000 Account Ref 503 100 June 15 Wage Expense 25,000 Cash 25,000 July 31 20,000 Account Ref Supplies 102 Print Done
Cash 100 25,000 Account Supplies Ref 102 200 July 31 20,000 Accounts Payable 20,000 Account Ref September 30 Accounts Payable 2005200 100 Cash 52,000 Account Ref 200 100 November 10 Accounts Payable 20,000 Cash 20,000 Account Cash Accounts Receivable Ref 100 101 110,500 November 30 110,500 Sales Revenue 400 221,000 Account Ref 100 101 December 20 Cash 110,500 Accounts Receivable 110.500 Print Done Clear All
0 0
Add a comment Improve this question Transcribed image text
Answer #1
Cash A/c
Common Stock 198000 Supplies 27000
Sales Revenue 78000 Wage Expense 25000
Sales Revenue 110500 Accounts Payable 52000
Accounts Receivable 110500 Accounts Payable 20000
End bal. 373000

Common Stock A/C

End Bal. 198000 Cash 198000

Equipment A/C

Accounts payable 52000 End Bal. 52000

Accounts Payable

Cash 52000 Equipment 52000 Cash 20000 Supplies 20000 End Bal. 0

Supplies

Cash 27000 End Bal. 47000 Accounts Payable 20000

Sales Revenue

End Bal. 299000 Cash 78000 Cash 110500 Accounts Receivable 110500

Wage Expense

Cash 25000 End Bal. 25000

Accounts Receivable

Sales Revenue 110500 Cash 110500 End Bal. 0
Add a comment
Know the answer?
Add Answer to:
Post the 2018 journal entries to the t accounts to obtain the ending balances at December...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Requirement a. Journalize the transactions for the year. Requirement b. Post the journal entries to​ t-accounts....

    Requirement a. Journalize the transactions for the year. Requirement b. Post the journal entries to​ t-accounts. Use the dates as posting references for the journal entries to post each entry to the relevant​ accounts, then compute the unadjusted balance of each account. Label the unadjusted balances with Unadj.. Bal. ​(For accounts with a​ $0 ending​ balance, select​ "Unadj. Bal." and enter​ "0" on the normal balance side of the​ t-account.) Review the journal entries prepared in Requirement a. Requirement c....

  • construct T-accounts adjusting entries post adjusting journal entries to the t-accounts, closiing entries, post closung entries...

    construct T-accounts adjusting entries post adjusting journal entries to the t-accounts, closiing entries, post closung entries Presented below is the December 31 trial balance of Sunland Boutique. SUNLAND BOUTIQUE TRIAL BALANCE DECEMBER 31 Debit Credit Cash $20,100 Accounts Receivable 39,800 Allowance for Doubtful Accounts $717 Inventory, December 31 80,410 Prepaid Insurance 5,350 Equipment 91,000 Accumulated Depreciation-Equipment 35,600 Notes Payable 27,530 Common Stock 74,607 Retained Earnings 10,990 Sales Revenue 705,086 Cost of Goods Sold 476,900 Salaries and Wages Expense (sales) 61,200...

  • Post the following transactions to T-accounts and determine each account's ending balance. (Post entries in the...

    Post the following transactions to T-accounts and determine each account's ending balance. (Post entries in the order displayed in the problem.) Credit Debit 2.800 2.800 4,000 No. Account Titles and Explanation 1. Supplies Accounts Payable 2. Accounts Receivable Service Revenue 3. Cash Accounts Receivable 4. Accounts Payable Cash 4,000 3,000 1,000 1,000 Cash Accounts Receivable Supplies Accounts Payable Service Revenue

  • Post the general journal entries from the journal to the corresponding general ledger accounts, paying particular attention to whether they’re debits or credits. Use the Post Ref. column to ensure t...

    Post the general journal entries from the journal to the corresponding general ledger accounts, paying particular attention to whether they’re debits or credits. Use the Post Ref. column to ensure that each line item of the journal entries is posted correctly to each general ledger account. Posting from the journal to the general ledger is simply rearranging the information. J & LAccounting, Inc Post-Closing Trial Balance December 31, 2017 BALANCE DEBIT ACCOUNT TITLE CREDIT Cash, Business Checking Accounts Receivable Prepaid...

  • White Gloves Company has journalized the adjusting entries for the period ending December 31, 2018, and...

    White Gloves Company has journalized the adjusting entries for the period ending December 31, 2018, and posted the adjustments to the following T-accounts (Click the icon to view the T-accounts) Using this data, prepare an adjusted trial balance White Gloves Company Adjusted Trial Balance December 31, 2018 Balance Debit Credit Account Title Cash Office Supplies Prepaid Insurance Equipment Accumulated Depreciation--Equipment Accounts Payable Salaries Payable Unearned Revenue Mary Cantal White Gloves Company has journalized the adjusting entries for the period ending...

  • Post the journal entries to T-accounts and prepare an unadjusted trial balance Drs. Glenn Feltham and...

    Post the journal entries to T-accounts and prepare an unadjusted trial balance Drs. Glenn Feltham and David Ambrose began operations of their physical therapy clinic, called Northland Physical Therapy, on January 1, 2017. The annual reporting period ends December 31. The trial balance on January 1, 2018, was as follows (the amounts are rounded to thousands of dollars to simplify. Account Titles Debit Credit Cash $ 6 Accounts Receivable 2 Supplies 2 Equipment 9 Accumulated Depreciation $ 2 Software 7...

  • Post the following general journal entries to the general ledger. GENERAL JOURNAL Post Page 1 Credit...

    Post the following general journal entries to the general ledger. GENERAL JOURNAL Post Page 1 Credit Date 1/1 Description Cash Debit 20,000 Jacob S., Capital 20,000 1/5 Rent expense 5,000 Cash 5,000 1/8 Supplies 3,000 Cash 3,000 ACCOUNT NAME Cash ACCOUNT NUMBER 1 Balance Credit DATE Item Post Ref Debit Credit Debit ACCOUNT NAME: Supplies ACCOUNT NUMBER: 14 Balance Credit DATE Item Post Ref Debit Credit Debit ACCOUNT NAME: Jacob S., Capital ACCOUNT NUMBER: 31 Balance Credit DATE Item Post...

  • culator justing entries Instructions Journal Chart of Accounts HI Final Question Instructions On December 31, the...

    culator justing entries Instructions Journal Chart of Accounts HI Final Question Instructions On December 31, the following data were accumulated for preparing the adjusting entries for Bellingham Realty • The supplies account balance on December 31 is $5,210. The supplies on hand on December 31 are $1,135. The uneared rent account balance on December 31 is $5,600 representing the receipt of an advance payment on December 1 of four months rent from tenants. • Wages accrued but not paid at...

  • hackle Locksmiths, Inc. Adjusted Trial Balance At December 31, 2018 Account Debit Credit Cash $1,720,400 Accounts...

    hackle Locksmiths, Inc. Adjusted Trial Balance At December 31, 2018 Account Debit Credit Cash $1,720,400 Accounts Receivable 792,000 Supplies 210,000 Prepaid Insurance 200,000 Equipment 420,000 Accumulated Depreciation—Equipment $33,000 Accounts Payable 1,280,000 Unearned Service Revenue 39,200 Wages Payable 250,000 Interest Payable 85,000 Notes Payable 260,000 Common Stock 1,300,000 Retained Earnings 0 Dividends 10,000 Service Revenue 2,093,300 Wage Expense 1,120,000 Utilities Expense 88,900 Selling Expense 64,200 Administrative Expense 189,000 Repairs Expense 66,000 Interest Expense 55,000 Insurance Expense 135,000 Supplies Expense 210,000 Depreciation...

  • The transactions of Gamboa Company are recorded in the general journal below. Post the journal entries...

    The transactions of Gamboa Company are recorded in the general journal below. Post the journal entries to T- accounts and calculate the ending balance for May 31, 2019. Then prepare the Trial Balance. 33) 34) General Journal Unearned Service Revenue Service Revenue Date Account Titles Debit Credit 2019 May 2 1,500 Supplies Accounts Payable 1,500 4 Cash 1,700 Unearned Service Revenue 1,700 Trial Balance 8 4,000 Accounts Receivable Service Revenue 4,000 Debits Credits 10 700 Unearned Service Revenue Service Revenue...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT