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Exercise 3-19A Preparing a trial balance LO 3-3 Required On December 31, Year 2, Morgan Company had the following normal account balances in its general ledger. Use this information to prepare a trial balance. Land Unearned revenue Dividends Prepaid rent Cash Salaries expense Accounts payable Common stock Operating expense Office supplies Advertising expense Retained earnings, Beginning Service revenue Accounts receivable $23,200 15,700 4,700 6,650 58,110 15,000 1,860 28,000 14,300 1,750 2,700 19,050 68,630 6,830 ers MORGAN COMPANY Trial Balance December...
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A company's fiscal year-end is December 31, Year 1. The following
is an adjusted trial balance as of December 31.
A company's fiscal year-end is December 31, Year 1. The following is an adjusted trial balance as of December 31. Credit Debit $ 11,600 37,000 28,000 Accounts Cash Supplies Prepaid Rent Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Advertising Expense Rent Expense Utilities Expense Totals $ 2,600 26,000 38,000 8,600 3,600 54,400 19,600 12,600...
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Exercise 3-19A Preparing a trial balance LO 3-3 Required On December 31, Year 2, Morgan Company had the following normal account balances in its general ledger. Use this information to prepare a trial balance. Land Unearned revenue Dividends Prepaid rent Cash Salaries expense Accounts payable Common stock Operating expense Office supplies Advertising expense Retained earnings, Beginning Service revenue Accounts receivable $ 30,000 32,000 8,000 ,600 90,000 18,000 7,000 80,000 41,000 2,500 3,500 9,000 86,000 15,400 December 31, Year 2 Account...
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The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. No. Account Title 181 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation Equipetent 307 Common stock 318 Retained earnings 319 Dividends 484 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals Debit Credit $18,000 12,400 2,099 23,000 $ 6,500 13,675 33,600 6,000 35,800 2,899 20,405 1,470 2.345 1,155 $88,775 $88,775...
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bottom row is total
Exercise 3-10 Preparing closing entries and a post-closing trial balance LO P7, P8 The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31, Credit Debit $ 18,000 11,800 2,000 23.000 No. Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation Equipment 307 Common stock 318 Retained earnings 319 Dividends 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent...
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Exercise 3-10 Preparing closing entries and a post-closing trial balance LO P7, P8 The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. No. Account Title Debit Credit 101 Cash $18,000 126 Supplies 9,800 128 Prepaid insurance 2,000 167 Equipment 23,000 168 Accumulated depreciation-Equipment $ 6,500 307 Common stock 9,790 318 Retained earnings 35,600 319 Dividends 6,000 404 Services revenue 32,400 612 Depreciation expense-Equipment 2,000 622 salaries expense 18,889 637 Insurance expense...
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The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31 0. Credit Debit $18,000 11,000 2,000 Account Title 101 Cash 126 Supplies 128 Prepaid Insurance 167 Equipment Accumulated depreciation Equipment 307 Common stock 318 Retained earnings 319 Dividends 404 Service revenue Depreciation expense ** Equipment 622 Salarie expense 637 Insurance expense 640 Rent expense 652 Supplies expense Total 23,000 $ 6,500 9,982 34,600 6,000 39,700 2,000 23,145 1,667 2.660 1.310 $90,782 $90,...
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The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. Credit Debit $18,000 13,300 2,000 23,000 $ 6,500 45,480 Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 301 A. Cruz, Capital 302 A. Cruz, withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals 6,000 44,800 2.000 26,118 1.882 3.002 1.478 $96,780 $96.780 1. Prepare the...
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The trial balance for December 31
pocal UncОЛ К. The trial balance for December 31, 20-- has been entered below on the partial work sheet for Camping Supply Center Required: 1. Complete the Adjustments columns using the following year-end adjustments information. Identify each adjustment with its corresponding letter. a./b. Based on a physical count, it was determined that merchandise inventory costing $21,700 is on hand as of December 31, 20-- c. Supplies remaining at the end of the year, $6,300....
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Exercise 3-10 Preparing closing entries and a post-closing trial balance LO P7, P8 The following adjusted trial balance contains the accounts and year end balances of Cruz Company as of December 31 Credit Debit $19,000 13,000 3,000 24,000 NO. Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation Equipment 307 Common stock 318 Retained earnings 319 Dividends 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense...
Exercise 3-19A Preparing a trial balance LO 3-3 Required On December 31, Year 2, Morgan Company had the following normal account balances in its general ledger. Use this information to prepare a trial balance. Land Unearned revenue Dividends Prepaid rent Cash Salaries expense Accounts payable Common stock Operating expense Office supplies Advertising expense Retained earnings, Beginning Service revenue Accounts receivable $23,200 15,700 4,700 6,650 58,110 15,000 1,860 28,000 14,300 1,750 2,700 19,050 68,630 6,830 ers MORGAN COMPANY Trial Balance December...
A company's fiscal year-end is December 31, Year 1. The following
is an adjusted trial balance as of December 31.
A company's fiscal year-end is December 31, Year 1. The following is an adjusted trial balance as of December 31. Credit Debit $ 11,600 37,000 28,000 Accounts Cash Supplies Prepaid Rent Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Advertising Expense Rent Expense Utilities Expense Totals $ 2,600 26,000 38,000 8,600 3,600 54,400 19,600 12,600...
Exercise 3-19A Preparing a trial balance LO 3-3 Required On December 31, Year 2, Morgan Company had the following normal account balances in its general ledger. Use this information to prepare a trial balance. Land Unearned revenue Dividends Prepaid rent Cash Salaries expense Accounts payable Common stock Operating expense Office supplies Advertising expense Retained earnings, Beginning Service revenue Accounts receivable $ 30,000 32,000 8,000 ,600 90,000 18,000 7,000 80,000 41,000 2,500 3,500 9,000 86,000 15,400 December 31, Year 2 Account...
The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. No. Account Title 181 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation Equipetent 307 Common stock 318 Retained earnings 319 Dividends 484 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals Debit Credit $18,000 12,400 2,099 23,000 $ 6,500 13,675 33,600 6,000 35,800 2,899 20,405 1,470 2.345 1,155 $88,775 $88,775...
bottom row is total
Exercise 3-10 Preparing closing entries and a post-closing trial balance LO P7, P8 The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31, Credit Debit $ 18,000 11,800 2,000 23.000 No. Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation Equipment 307 Common stock 318 Retained earnings 319 Dividends 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent...
Exercise 3-10 Preparing closing entries and a post-closing trial balance LO P7, P8 The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. No. Account Title Debit Credit 101 Cash $18,000 126 Supplies 9,800 128 Prepaid insurance 2,000 167 Equipment 23,000 168 Accumulated depreciation-Equipment $ 6,500 307 Common stock 9,790 318 Retained earnings 35,600 319 Dividends 6,000 404 Services revenue 32,400 612 Depreciation expense-Equipment 2,000 622 salaries expense 18,889 637 Insurance expense...
The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31 0. Credit Debit $18,000 11,000 2,000 Account Title 101 Cash 126 Supplies 128 Prepaid Insurance 167 Equipment Accumulated depreciation Equipment 307 Common stock 318 Retained earnings 319 Dividends 404 Service revenue Depreciation expense ** Equipment 622 Salarie expense 637 Insurance expense 640 Rent expense 652 Supplies expense Total 23,000 $ 6,500 9,982 34,600 6,000 39,700 2,000 23,145 1,667 2.660 1.310 $90,782 $90,...
The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. Credit Debit $18,000 13,300 2,000 23,000 $ 6,500 45,480 Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 301 A. Cruz, Capital 302 A. Cruz, withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals 6,000 44,800 2.000 26,118 1.882 3.002 1.478 $96,780 $96.780 1. Prepare the...
The trial balance for December 31
pocal UncОЛ К. The trial balance for December 31, 20-- has been entered below on the partial work sheet for Camping Supply Center Required: 1. Complete the Adjustments columns using the following year-end adjustments information. Identify each adjustment with its corresponding letter. a./b. Based on a physical count, it was determined that merchandise inventory costing $21,700 is on hand as of December 31, 20-- c. Supplies remaining at the end of the year, $6,300....
Exercise 3-10 Preparing closing entries and a post-closing trial balance LO P7, P8 The following adjusted trial balance contains the accounts and year end balances of Cruz Company as of December 31 Credit Debit $19,000 13,000 3,000 24,000 NO. Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation Equipment 307 Common stock 318 Retained earnings 319 Dividends 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense...