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Kohl's Home Repair Trial Balance May 31, 20-- Debit Credit Account Balance Balance Cash 21,805 Accounts Receivable 2,700 < Office Supplies 160 Prepaid Insurance 1,100 Equipment 8,200 Van 6,000 Accounts Payable Wilhelm Kohl, Capital Wilhelm Kohl, Drawing 4,400 25,000 2,900 Service Fees 15,500 Rent Expense 850 Wilhelm Kohl, Capital 25,000 Wilhelm Kohl, Drawing 2,900 Service Fees 15,500 850 Rent Expense Wages Expense 800 Phone Expense 230 Gas and Oil Expense 155 Totals 44,900 44,900 Change in owner's equity: $25,000 Wilhelm...
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Accounting 1 Handouts 10. Consider the unadjusted trial balance of Freight Line Transport at May 31, 2017, and the related month-end adjustment data. Freight Line Transport Trial Balance May 31, 2017 Trial Balance Debit Credit 7,400 1,440 5,500 1,700 84,500 4,990 4,200 Account Cash Accounts receivable Prepaid rent Supplies Automobile Accumulated depreciation Accounts payable Salary payable Common stock Retained earnings Dividends Service revenue Salary expense Rent expense Fuel expense Depreciation expense Supplies expense Total 74,700 10,500 4,100 16,800 3,250 3,300...
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The following is the adjusted trial balance of Wilson Trucking Company. Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals Debit Credit 5,500 16,500 2,000 166,000 $ 34,196 75,000 9,500 3,000 52,000 146,333 19,000 149,500 E 22,056 70,116 5,500 12,857 $ 394,529 $ 394,529 The K. Wilson, Capital account balance is $146,333...
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Benner Hair Salon ADJUSTED TRIAL BALANCE March 31, 20.- DEBIT CREDIT ACCOUNT TITLE 1 Cash 4,440.00 150.00 2 Supplies 3 Prepaid Insurance 2,354.00 10,507.00 1,000.00 4 Equipment 5 Accumulated Depreciation Equipment 6 Accounts Payable 240.00 13,449.00 7 A. Benner, Capital 8 A.Benner, Drawing 1,500.00 6,230.00 9 Salon Fees 1,036.00 10 Wages Expense 650.00 11 Rent Expense 12 Utilities Expense 130.00 65.00 13 Repair Expense 87.00 14 Miscellaneous Expenses 20,919.00 20,919.00 15 Totals Data for month-end adjustments are as follows: a....
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ask IV. Prepare 2017 Financial Statements- 27 points Plymouth Consulting Adjusted Trial Balance 12/31/2017 Plymouth Consulting Income Statement For the Year Ended December 31, 2017 Revenie Prepaid Ins. Building Accumulated Depreciation Expenses Unearned Revenue Plymouth Capital, 1/1/2017 Withdrawals Service revenue Net Income Wages Exp. Utilty Exp. Depreciation Exp. Plymouth Consulting Statement of Owners Equity For the Year ended December 31, 2017 Plymouth Capital, Beginning_ Net Income Withdrawals Plymouth Capital, Ending Plymouth Consulting Balance Sheet December 31, 2017 Assets Total Assets...
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Prepare a classified balance sheet at May 31, 2017. (List current assets in order of liquidity) SPLISH BROTHERS INC. Balance Sheet Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity (02) Your answer is correct. Prepare a retained earnings statement for the month of May 2017 SPLISH BROTHERS INC. Retained Earnings Statement For the Month Ended May 31, 2017 Retained Earnings, May 1 Add : Net Income /(Loss) 3006 3006 Less : Dividends 277 i Retained Earnings, May 31 2729...
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Please give me an income statement,
statement of owner's equity, and balance sheet. (No need
explanation, just want to check my answer)
J. Tren Worksheet Month Ended May 31, 201X Trial Balance | Adjustments Adjusted Trial Balance | Income Statement Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Balance Sheet Dr. Cr. Account Titles Cash Accounts Receivable Prepaid Insurance Store Supplies Store Equipment Accumulated Depreciation, Store Equipment Accounts Payable J. Tren, Capital J. Tren, Withdrawals Revenue from Clients Rent Expense...
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The following is the adjusted trial balance of Wilson Trucking Company Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals Debit Credit 5,500 16,500 2,000 166,000 $ 34, 196 75,000 9,500 3,000 52,000 146,333 19,000 149,500 22,056 70,116 5,500 12,857 $ 394,529 $ 394,529 The K. Wilson, Capital account balance is $146.333...
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Adjusted 3D Family Fireworks Trial Balance January 31, 2021 Account Title Credit $ Debit 89,400 14,600 1,630 Cash Accounts Receivable Allowance for Uncollectible Accounts Notes Receivable Interest Receivable Supplies 30,000 125 750 78,000 Land Accounts Payable Salaries Payable Common Stock Retained Earnings Service Revenue Interest Revenue Supplies Expense Salaries Expense Utilities Expense Bad Debt Expense Total 3,300 34,500 106,000 33,400 119,500 125 2,750 66,900 14,700 1,230 298,455 $ 298,455 On January 1, 2021, the general ledger of 3D Family Fireworks...
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The trial balance columns of the worksheet for Cullumber Roofing at March 31, 2020, are as follows (amounts in thousands). Cullumber Roofing Worksheet For the Month Ended March 31, 2020 Trial Balance Account Titles Debit Credit Cash 3,780 Accounts Receivable 2,688 Supplies 1,680 Equipment 9,240 Accumulated Depreciation Equipment 1,050 Accounts Payable 2,100 Unearned Service Revenue Share Capital-Ordinary 10,836 Dividends 924 Service Revenue 5,292 Salaries and Wages Expense 1,092 Miscellaneous Expense 336 19,740 19,740 462 Other data: 1. A physical count...
Kohl's Home Repair Trial Balance May 31, 20-- Debit Credit Account Balance Balance Cash 21,805 Accounts Receivable 2,700 < Office Supplies 160 Prepaid Insurance 1,100 Equipment 8,200 Van 6,000 Accounts Payable Wilhelm Kohl, Capital Wilhelm Kohl, Drawing 4,400 25,000 2,900 Service Fees 15,500 Rent Expense 850 Wilhelm Kohl, Capital 25,000 Wilhelm Kohl, Drawing 2,900 Service Fees 15,500 850 Rent Expense Wages Expense 800 Phone Expense 230 Gas and Oil Expense 155 Totals 44,900 44,900 Change in owner's equity: $25,000 Wilhelm...
Accounting 1 Handouts 10. Consider the unadjusted trial balance of Freight Line Transport at May 31, 2017, and the related month-end adjustment data. Freight Line Transport Trial Balance May 31, 2017 Trial Balance Debit Credit 7,400 1,440 5,500 1,700 84,500 4,990 4,200 Account Cash Accounts receivable Prepaid rent Supplies Automobile Accumulated depreciation Accounts payable Salary payable Common stock Retained earnings Dividends Service revenue Salary expense Rent expense Fuel expense Depreciation expense Supplies expense Total 74,700 10,500 4,100 16,800 3,250 3,300...
The following is the adjusted trial balance of Wilson Trucking Company. Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals Debit Credit 5,500 16,500 2,000 166,000 $ 34,196 75,000 9,500 3,000 52,000 146,333 19,000 149,500 E 22,056 70,116 5,500 12,857 $ 394,529 $ 394,529 The K. Wilson, Capital account balance is $146,333...
Benner Hair Salon ADJUSTED TRIAL BALANCE March 31, 20.- DEBIT CREDIT ACCOUNT TITLE 1 Cash 4,440.00 150.00 2 Supplies 3 Prepaid Insurance 2,354.00 10,507.00 1,000.00 4 Equipment 5 Accumulated Depreciation Equipment 6 Accounts Payable 240.00 13,449.00 7 A. Benner, Capital 8 A.Benner, Drawing 1,500.00 6,230.00 9 Salon Fees 1,036.00 10 Wages Expense 650.00 11 Rent Expense 12 Utilities Expense 130.00 65.00 13 Repair Expense 87.00 14 Miscellaneous Expenses 20,919.00 20,919.00 15 Totals Data for month-end adjustments are as follows: a....
ask IV. Prepare 2017 Financial Statements- 27 points Plymouth Consulting Adjusted Trial Balance 12/31/2017 Plymouth Consulting Income Statement For the Year Ended December 31, 2017 Revenie Prepaid Ins. Building Accumulated Depreciation Expenses Unearned Revenue Plymouth Capital, 1/1/2017 Withdrawals Service revenue Net Income Wages Exp. Utilty Exp. Depreciation Exp. Plymouth Consulting Statement of Owners Equity For the Year ended December 31, 2017 Plymouth Capital, Beginning_ Net Income Withdrawals Plymouth Capital, Ending Plymouth Consulting Balance Sheet December 31, 2017 Assets Total Assets...
Prepare a classified balance sheet at May 31, 2017. (List current assets in order of liquidity) SPLISH BROTHERS INC. Balance Sheet Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity (02) Your answer is correct. Prepare a retained earnings statement for the month of May 2017 SPLISH BROTHERS INC. Retained Earnings Statement For the Month Ended May 31, 2017 Retained Earnings, May 1 Add : Net Income /(Loss) 3006 3006 Less : Dividends 277 i Retained Earnings, May 31 2729...
Please give me an income statement,
statement of owner's equity, and balance sheet. (No need
explanation, just want to check my answer)
J. Tren Worksheet Month Ended May 31, 201X Trial Balance | Adjustments Adjusted Trial Balance | Income Statement Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Balance Sheet Dr. Cr. Account Titles Cash Accounts Receivable Prepaid Insurance Store Supplies Store Equipment Accumulated Depreciation, Store Equipment Accounts Payable J. Tren, Capital J. Tren, Withdrawals Revenue from Clients Rent Expense...
The following is the adjusted trial balance of Wilson Trucking Company Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals Debit Credit 5,500 16,500 2,000 166,000 $ 34, 196 75,000 9,500 3,000 52,000 146,333 19,000 149,500 22,056 70,116 5,500 12,857 $ 394,529 $ 394,529 The K. Wilson, Capital account balance is $146.333...
Adjusted 3D Family Fireworks Trial Balance January 31, 2021 Account Title Credit $ Debit 89,400 14,600 1,630 Cash Accounts Receivable Allowance for Uncollectible Accounts Notes Receivable Interest Receivable Supplies 30,000 125 750 78,000 Land Accounts Payable Salaries Payable Common Stock Retained Earnings Service Revenue Interest Revenue Supplies Expense Salaries Expense Utilities Expense Bad Debt Expense Total 3,300 34,500 106,000 33,400 119,500 125 2,750 66,900 14,700 1,230 298,455 $ 298,455 On January 1, 2021, the general ledger of 3D Family Fireworks...
The trial balance columns of the worksheet for Cullumber Roofing at March 31, 2020, are as follows (amounts in thousands). Cullumber Roofing Worksheet For the Month Ended March 31, 2020 Trial Balance Account Titles Debit Credit Cash 3,780 Accounts Receivable 2,688 Supplies 1,680 Equipment 9,240 Accumulated Depreciation Equipment 1,050 Accounts Payable 2,100 Unearned Service Revenue Share Capital-Ordinary 10,836 Dividends 924 Service Revenue 5,292 Salaries and Wages Expense 1,092 Miscellaneous Expense 336 19,740 19,740 462 Other data: 1. A physical count...