Question

32 | Balance Kris Storey, Drawing Date Item 2019 June Post Ref. Dr. Cr. Dr. Cr. Fees Earned 41 Post _ Dr. Balance 4 Cr. Item Ref. Cr. Dr. Date 2019 June Wages Expense Enter as a formula calling on amounts in the trial balance. Dr. 51 Balance Dr. Cr. Item cr. Date 2019 June Rent Expense 53 Post Balance Item Ref. Dr. Cr. Dr. Balance Cr. Date 2019 June Utilities Expense 54 Post Balance
What is the drawing, fees earned, wages expense, rent expense, & utilities expense?

Answer 1

Kris storey, Drawing					Balance
Date	Item		Dr.	Cr.	Dr.	Cr.
2019
June 30.	Cash		$      1,600		$      1,600
Wages expense					Balance
Date	Item		Dr.	Cr.	Dr.	Cr.
2019
June 30.	Cash		$      5,070		$      5,070
Rent expense					Balance
Date	Item		Dr.	Cr.	Dr.	Cr.
2019
June 30.	Prepaid rent		$      4,750		$      4,750
Utilities expense					Balance
Date	Item		Dr.	Cr.	Dr.	Cr.
2019
June 29.	Cash		$      3,100		$      3,100

Fees earned					Balance
Date	Item		Dr.	Cr.	Dr.	Cr.
2019
June 23.	Accounts receivable			$    11,900		$    11,900

Drawings are amounts withdrawn by proprietor. Amount withdrawn is $1,600.

Wages, rent, and utilities expenses are given recorded. Fees earned is $11,900 but cash not received for it on 23.