Homework Answers
| Service revenue | $877 |
| Add:Interest revenue | $5 |
| Less: Salaries expense | $600 |
| Less: Wages expense | $120 |
| $162 |
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Use the following Adjusted Trial Balance to determine Net Income Accounts Payable Acuated Depreciation Common Stock...
Use the following Adjusted Trial Balance to determine the Total Current Liabilities: Account Credit Accounts Payable...
Use the following Adjusted Trial Balance to determine the Total Current Liabilities: Account Credit Accounts Payable Accounts Receivable Accumulated Depreciation Building Cash Common Stock Dividends Interest Revenue Land Mortgage Payable Notes Payable Prepaid Expenses Salaries Expense Salaries Payable Service Revenue Uneared Revenue Wage Expense 120 Adjusted Trial Balance Total 1,830 1,8:30 Notes - Interest Revenue relates to a loan extended by our company to another company - Mortgage Payable will be repaid in five (5) years. - Notes Payable will...
Use the following Adjusted Trial Balance to determine the Total Current Liabilities: Account Debit Credit Accounts...
Use the following Adjusted Trial Balance to determine the Total Current Liabilities: Account Debit Credit Accounts Payable Accounts Receivable Accumulated Depreciation Building Cash Common Stock Dividends Interest Revenue Land Mortgage Payable Notes Payable Prepaid Expenses Salaries Expense Salaries Payable Service Revenue Unearned Revenue Wage Expense 120 Adjusted Trial Balance Total 1,830 1,830 Notes: Interest Revenue relates to a loan extended by our company to another company - Mortgage Payable will be repaid in five (5) years - Notes Payable will...
Determining Adjusting Entries, Posting to T Accounts, and Preparing an Adjusted Trial Balance P6. Brave Advisors...
Determining Adjusting Entries, Posting to T Accounts, and Preparing an Adjusted Trial Balance P6. Brave Advisors Service's trial balance on December 31, 2014, is as follows. GENERAL LEDGER Adjusted trial balance: $121,792 16,500 8,250 2,662 1,320 9.240 Brave Advisors Service Trial Balance December 31, 2014 Cash Accounts Receivable Office Supplies Prepaid Rent Office Equipment Accumulated Depreciation Office Equipment Accounts Payable Notes Payable Unearned Service Revenue B. Cooper, Capital B. Cooper, Withdrawals Service Revenue Salaries Expense Rent Expense Utilities Expense 1,540...
Novak Corporation's adjusted trial balance contained the following liability accounts at December 31, 2020: Bonds Payable...
Novak Corporation's adjusted trial balance contained the following liability accounts at December 31, 2020: Bonds Payable (due in 3 years) $101.320. Accounts Payable $72,600, Notes Payable (due in 90 days) $27,270, Salaries and Wages Payable $5,850, and Income Taxes Payable $8,340. Prepare the current liabilities section of the balance sheet. NOVAK CORPORATION Balance Sheet (Partial)
The adjusted trial balance for Pl Detectives reported the following account balances: Accounts Receivable $590; Supplies...
The adjusted trial balance for Pl Detectives reported the following account balances: Accounts Receivable $590; Supplies $9,900; Prepaid Insurance $8,100; Equipment $32,500; Accumulated Depreciation $4,900; Accounts Payable $290; Deferred Revenue $5,900; Notes Payable $3,900; Common Stock $26,500; Retained Earnings $6,600; Dividends $3,900; Service Revenue $38,300; Salaries and Wages Expense $24,500; and Depreciation Expense $1,000. Prepare an adjusted trial balance as of December 31, and solve for its missing Cash balance. PIDETECTIVES Adjusted Trial Balance As of December 31 Debit Credit...
list of accounts Sandhill Company had the following adjusted trial balance. $3,840 Sandhill Company Adjusted Trial...
list of accounts
Sandhill Company had the following adjusted trial balance. $3,840 Sandhill Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash Accounts Receivable 4,070 Supplies 400 Accounts Payable $1,700 Unearned Service Revenue 190 Owner's Capital 3,900 Owner's Drawings Service Revenue 5,920 Salaries and Wages Expense 1,300 Miscellaneous Expense 200 Supplies Expense 1,930 Salaries and Wages Payable 540 $12,250 $12,250 510 Prepare closing entries at June 30, 2020. (Credit account...
use the following adjusted trial balance sheet for Anderesen corporation for the answers to a b...
use
the following adjusted trial balance sheet for Anderesen
corporation for the answers to a b and c
Adjusted Trial Balance For the Year Ending December 31, 2016 Debit Credit Cash $44,000 Accounts receivable 56,000 Equipment 376,000 Accumulated depreciation $72,000 Notes payable 60,000 Common stock 130,000 Retained earnings 142,000 Service fees earned 348,000 Rent expense 88,000 Salaries expense 116,000 Depreciation expense 72,000 0 Totals $752,000 $752,000 a. Based on Anderson's adjusted trial balance, Net Income for the period equals? b....
prepare an adjusted trial balance The trial balance of Sheffield Fashion Center contained the following accounts...
prepare an adjusted trial balance
The trial balance of Sheffield Fashion Center contained the following accounts at November 30, the end of the company's fiscal year Credit SHEFFIELD FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $23.420 Accounts Receivabla 37,190 Inventory 49,490 Supplies 9.990 Equipment 139.960 Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4.200 Cost of Goods Sold 495,400 Salaries and Wagas Expense 128.360 Advertising Expense 27,640 Utilities Expenses 15,640...
Given the following adjusted trial balance: Debit Credit Cash $848 Accounts receivable 1070 1593 44 150...
Given the following adjusted trial balance: Debit Credit Cash $848 Accounts receivable 1070 1593 44 150 $27 Inventory Prepaid rent Equipment Accumulated depreciation equipment Accounts payable Unearned service revenue Common stock Retained earnings Service revenue 42 62 101 3370 188 29 80 Interest revenue Salaries and wages expense Travel expense Total 34 $3819 $3819 Net Income for the year is: Common stock TUT Retained earnings 3370 Service revenue 188 29 Interest revenue Salaries and wages expense 80 Travel expense 34...
At December 31,2018,Cresent Corporation's adjusted trial balance shows the following balances: Accrued Warranty Payable $57,000 77%...
At December 31,2018,Cresent Corporation's adjusted trial balance shows the following balances: Accrued Warranty Payable $57,000 77% Notes Payable, due April 30, 20192019 170,000 Unearned Service Revenue 58,000 Accounts Payable 215,000 Employee Income Tax Payable 030,000 Accounts Receivable 288,000 Interest Payable 27,000 66% Bonds Payable, due December 31, 20232023 480,000 Accumulated Depreciation 83,000 Treasury Stock 176,000 Salaries Payable 90,000 1515% Notes Payable, due December 31, 20192019 190,000 Sales Tax Payable 68,000 FICA Tax Payable 5,000 CresentCresent Corporation provides multi-year warranties with...
Use the following Adjusted Trial Balance to determine the Total Current Liabilities: Account Credit Accounts Payable Accounts Receivable Accumulated Depreciation Building Cash Common Stock Dividends Interest Revenue Land Mortgage Payable Notes Payable Prepaid Expenses Salaries Expense Salaries Payable Service Revenue Uneared Revenue Wage Expense 120 Adjusted Trial Balance Total 1,830 1,8:30 Notes - Interest Revenue relates to a loan extended by our company to another company - Mortgage Payable will be repaid in five (5) years. - Notes Payable will...
Use the following Adjusted Trial Balance to determine the Total Current Liabilities: Account Debit Credit Accounts Payable Accounts Receivable Accumulated Depreciation Building Cash Common Stock Dividends Interest Revenue Land Mortgage Payable Notes Payable Prepaid Expenses Salaries Expense Salaries Payable Service Revenue Unearned Revenue Wage Expense 120 Adjusted Trial Balance Total 1,830 1,830 Notes: Interest Revenue relates to a loan extended by our company to another company - Mortgage Payable will be repaid in five (5) years - Notes Payable will...
Determining Adjusting Entries, Posting to T Accounts, and Preparing an Adjusted Trial Balance P6. Brave Advisors Service's trial balance on December 31, 2014, is as follows. GENERAL LEDGER Adjusted trial balance: $121,792 16,500 8,250 2,662 1,320 9.240 Brave Advisors Service Trial Balance December 31, 2014 Cash Accounts Receivable Office Supplies Prepaid Rent Office Equipment Accumulated Depreciation Office Equipment Accounts Payable Notes Payable Unearned Service Revenue B. Cooper, Capital B. Cooper, Withdrawals Service Revenue Salaries Expense Rent Expense Utilities Expense 1,540...
Novak Corporation's adjusted trial balance contained the following liability accounts at December 31, 2020: Bonds Payable (due in 3 years) $101.320. Accounts Payable $72,600, Notes Payable (due in 90 days) $27,270, Salaries and Wages Payable $5,850, and Income Taxes Payable $8,340. Prepare the current liabilities section of the balance sheet. NOVAK CORPORATION Balance Sheet (Partial)
The adjusted trial balance for Pl Detectives reported the following account balances: Accounts Receivable $590; Supplies $9,900; Prepaid Insurance $8,100; Equipment $32,500; Accumulated Depreciation $4,900; Accounts Payable $290; Deferred Revenue $5,900; Notes Payable $3,900; Common Stock $26,500; Retained Earnings $6,600; Dividends $3,900; Service Revenue $38,300; Salaries and Wages Expense $24,500; and Depreciation Expense $1,000. Prepare an adjusted trial balance as of December 31, and solve for its missing Cash balance. PIDETECTIVES Adjusted Trial Balance As of December 31 Debit Credit...
list of accounts
Sandhill Company had the following adjusted trial balance. $3,840 Sandhill Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash Accounts Receivable 4,070 Supplies 400 Accounts Payable $1,700 Unearned Service Revenue 190 Owner's Capital 3,900 Owner's Drawings Service Revenue 5,920 Salaries and Wages Expense 1,300 Miscellaneous Expense 200 Supplies Expense 1,930 Salaries and Wages Payable 540 $12,250 $12,250 510 Prepare closing entries at June 30, 2020. (Credit account...
use
the following adjusted trial balance sheet for Anderesen
corporation for the answers to a b and c
Adjusted Trial Balance For the Year Ending December 31, 2016 Debit Credit Cash $44,000 Accounts receivable 56,000 Equipment 376,000 Accumulated depreciation $72,000 Notes payable 60,000 Common stock 130,000 Retained earnings 142,000 Service fees earned 348,000 Rent expense 88,000 Salaries expense 116,000 Depreciation expense 72,000 0 Totals $752,000 $752,000 a. Based on Anderson's adjusted trial balance, Net Income for the period equals? b....
prepare an adjusted trial balance
The trial balance of Sheffield Fashion Center contained the following accounts at November 30, the end of the company's fiscal year Credit SHEFFIELD FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $23.420 Accounts Receivabla 37,190 Inventory 49,490 Supplies 9.990 Equipment 139.960 Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4.200 Cost of Goods Sold 495,400 Salaries and Wagas Expense 128.360 Advertising Expense 27,640 Utilities Expenses 15,640...
Given the following adjusted trial balance: Debit Credit Cash $848 Accounts receivable 1070 1593 44 150 $27 Inventory Prepaid rent Equipment Accumulated depreciation equipment Accounts payable Unearned service revenue Common stock Retained earnings Service revenue 42 62 101 3370 188 29 80 Interest revenue Salaries and wages expense Travel expense Total 34 $3819 $3819 Net Income for the year is: Common stock TUT Retained earnings 3370 Service revenue 188 29 Interest revenue Salaries and wages expense 80 Travel expense 34...
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