All adjusting entries are highlighted by
colours and adjusting entries are given
ccounting Cycle for a Service Business: Analyzing Business PROBLEM 4-24 The trial balance of Clayton Cleaners...
The trial balance of the New Decors for the month ended September 30 is as follows Account name Debit Credit Cash 4,378 Supplies 1,864 Prepaid insurance 1,345 Equipment 30,978 Accumulated depreciation equipment 15,235 Accounts payable 3,751 R Becker, capital 44,208 R Becker, Drawing 20,445 Income from service 44,791 Wages expense 29,761 Rent expense 15,932 Utilities expense 1,573 Telephone expense 1,271 Miscellaneous expense 438 107,985 107,985 Data for the adjustments are as follows Expired or used – up insurance, $425 Depreciation...
Saved The December 31, 2017, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2017) follows Credit Debit 51,669 5,368 1,440 775 8,200 410 22,800 Account Title 101 Cash 106 Accounts receivable 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation Office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 301 5. Rey, Capital 302 S. Rey, withdrawals...
4. Prepare an unadjusted trial balance. RED STORM CLEANERS Unadjusted Trial Balance December 31, 2018 Accounts Cash Accounts receivable Supplies Equipment Accumulated depreciation Salaries payable Common stock Retained earnings Dividends Service revenue Salaries expense Repairs and maintenance expense Depreciation expense Supplies expense Debit Credit Totals 0 Problem 3-8A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) IThe following information applies to the questions d'isplayed bewow. The general ledger of Red Storm Cleaners at January 1, 2018, includes the...
The Tamarisk, Inc. opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows. Tamarisk, Inc. Trial Balance May 31, 2020 Credit Debit Account Number $ 3,500 Cash 101 2,150 Supplies 126 Prepaid Insurance 2,400 130 14,000 140 Land Buildings 59,000 141 14,800 Equipment 149 $ 11,400 Accounts Payable 201 Unearned Rent Revenue 3,200 208 Mortgage Payable 40,000 275 Common Stock 35,500 311 10,350 429 Rent Revenue Advertising Expense 550 610 Salaries and...
The Cullumber Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. CULLUMBER HOTEL Trial Balance May 31, 2022 Credit Debit $ 2,343 2,600 1,800 14,843 67,600 16,800 Cash Supplies Prepaid Insurance Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Rent Revenue Salaries and Wages Expense Utilities Expense Advertising Expense $ 4,543 3,300 33,600 59,843 9,000 3,000 800 500 $110,286 $110,286 Other data: 1. Insurance expires at the...
The Moto Hotel opened for business on May 1, 2017. Here is its
trial balance before adjustment on May 31.
MOTO
HOTEL
Trial Balance
May 31, 2017
Debit
Credit
Cash
$ 2,333
Supplies
2,600
Prepaid Insurance
1,800
Land
14,833
Buildings
67,600
Equipment
16,800
Accounts Payable
$ 4,533
Unearned Rent Revenue
3,300
Mortgage Payable
33,600
Common Stock
59,833
Rent Revenue
9,000
Salaries and Wages
Expense
3,000
Utilities Expense
800
Advertising Expense
500
$110,266
$110,266
Other data:
1.
Insurance expires at the...
value: 3.75 points Problem 3-8A Part 7 7. Prepare an adjusted trial balance. RED STORM CLEANERS Adjusted Trial Balance December 31, 2018 ccounts Cash Accounts receivable Supplies Equipment Accumulated depreciation Salaries payable Common stock Retained earnings Dividends Service revenue Salaries expense Repairs and maintenance expense Depreciation expense Supplies expense Debit Credit Totals 0 The general ledger of Red Storm Cleaners at January 1, 2018, includes the following account balances: Debits Credits $12,500 Cash Accounts Recelvable Supplies 6,500 2,500 Accumulated Depreciation...
i just want the trial balance
2 MIX Inc. is a service business incorporated on January, 2018 to provide personal training for athletes aspiring to play college sports. The following is a simplified list of accounts and amounts reported in its accounting records at the beginning of its second quarter of operations on April 1, 2018(the amounts are in thousands of dollars). The accounts have normal debit or credit balances. Accounts Payable $ 600 Notes Payable (long-term) $ 200 Accounts...
Can you just answer the adjusted trial balance
MIX Inc. is a service business incorporated on January 1, 2018 to provide personal training for athletes aspiring to play college sports. The following is a simplified list of accounts and amounts reported in its accounting records at the beginning of its second quarter of operations on April 1, 2018(the amounts are in thousands of dollars) The accounts have normal debit or credit balances. Accounts Payable S 600 Notes Payable (long-term) 300...
The Moto Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. MOTO HOTEL Trial Balance May 31, 2022 Credit Debit $ 2,500 2,600 1,800 15,000 70,000 16,800 Cash Supplies Prepaid Insurance Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Rent Revenue Salaries and Wages Expense Utilities Expense Advertising Expense $4,700 3,300 36,000 60,000 9,000 3,000 800 500 $113,000 $113,000 Other data: (b) Prepare a ledger using T-accounts....