Question

Service Revenue Posleding entries to the accounts. The new balances of the country have been entered for you. Use the went and coresponding en sporting roce Tecount to show the adjusted balance of each account for any account with a zero balance, select the Tal.posing Merance and enter on the normal side of the count Review the distinglometers you and . M r. Une aprin c e 17300 B Choose from w o r enter any number in the input fields and penick Check Answer 11 aning Check MacBook Air BP 888

Answer 1

Mass Delivery Service T Accounts Date Date Date Office Supplies Date Debit Debit Credit Credit Debit Credit Debit Credit Date Date Date Date Prepaid Insurance $ Cash Accounts Receivable $26,550 Bal. Bal. Bal. Bal. 1,200 650 600 |Adj. (d) Adj. (c) $ Adj. (f) $ 1,350 300 150 $26,550 $2,550 $ Bal. Bal. Bal. Bal. 350 450 Salaries payable Accounts payable Bal. Truck Accum. Depr. Truck $17,000 Bal. Bal. $ $ Bal. - |Adj. (a) Adj. (b) $ $ 150 700 Bal. Bal. Bal. $17,000 $ $ $ Bal. 150 700 Mass, Capital Bal. Unearned Revenue Mass, Drawings 2,400 Income Summary $32,000 Bal Bal. $ 1,300 $ Adj. (e) 600 Bal. Bal. $32,000 Bal. $2,400 Bal. $ 700 Salaries expense Service Revenue Depreciation expense-Truck $ Insurance expense Bal $ 700 $17,300 Bal. $ Bal. Bal. Adj. (e) Adj. (f) 600 Adj. (a) $ $ Adj. (c) Adj. (b) 700 150 150 $ 1,350 Bal. 1,400 $19,250 $ $ Bal. Bal. Bal. 150 150 Supplies expense $ Fuel expense Rent expense 1,300 Bal. Bal. Bal. 200 Adj.(d) $ 300 $ 1,300 $ $ Bal. Bal. Bal. 200 300

Mass Delivery Service		Adjusted TB
Account Names		Debit	Credit
Cash		26,550
Accounts Receivable		2,550
Office Supplies		350
Prepaid Insurance		450
Truck		17,000
Accumulated Depreciation-Truck			150
Accounts Payable			-
Salaries Payable			700
Unearned Revenue			700
Mass, Capital			32,000
Mass, Drawings		2,400
Income Summary		-
Service Revenue			19,250
Salaries expense		1,400
Depreciation expense-Truck		150
Insurance expense		150
Fuel expenses		200
Rent expense		1,300
Supplies expense		300	-
Totals		52,800	52,800

Mass Delivery Service
Income Statement
For Year Ended December 31, 2018
Service Revenue		19,250
Expenses
Salaries expense	1,400
Depreciation expense-Truck	150
Insurance expense	150
Fuel expenses	200
Rent expense	1,300
Supplies expense	300
Total Expenses		3,500
Net Income		15,750