Homework Answers
| Orkin Pest Control Service | ||||||||||
| Accounting Worksheet | ||||||||||
| Account | Trial Balance | Adjusting Entries | Adjusted Trial Balance | Income Statement | Balance Sheet | |||||
| Debit | Credit | Debit | Credit | Debit | Credit | Debit | Credit | Debit | Credit | |
| Cash | $ 3,560 | $ 3,560 | $ 3,560 | |||||||
| Accounts Recivable | $ 3,440 | $ 210 | $ 3,650 | $ 3,650 | ||||||
| Prepaid Rent | $ 1,200 | $ 600 | $ 600 | $ 600 | ||||||
| Supplies | $ 3,390 | $ 1,650 | $ 1,740 | $ 1,740 | ||||||
| Equipment | $ 12,600 | $ 12,600 | $ 12,600 | |||||||
| Accumalted Depreciation | $ 2,840 | $ 40 | $ 2,880 | $ 2,880 | ||||||
| Accounts Payable | $ 1,600 | $ 1,600 | $ 1,600 | |||||||
| Salary Payable | $ 500 | $ 500 | $ 500 | |||||||
| Bobby Okin Capital | $ 16,030 | $ 16,030 | $ 16,030 | |||||||
| Bobby Okin Withdrwal | $ 3,000 | $ 3,000 | $ 3,000 | |||||||
| Service Revenue | $ 9,300 | $ 210 | $ 9,510 | $ 9,510 | ||||||
| Depreciation expense | $ 40 | $ 40 | $ 40 | |||||||
| Salary Expense | $ 1,800 | $ 500 | $ 2,300 | $ 2,300 | ||||||
| Rent Expense | $ 600 | $ 600 | $ 600 | |||||||
| Utilities Expense | $ 780 | $ 780 | $ 780 | |||||||
| Supplies Expense | $ 1,650 | $ 1,650 | $ 1,650 | |||||||
| Totals | $ 29,770 | $ 29,770 | $ 3,000 | $ 3,000 | $ 30,520 | $ 30,520 | $ 5,370 | $ 9,510 | $ 25,150 | $ 21,010 |
| Nett Profit | $ 4,140 | $ 4,140 | ||||||||
| Totals | $ 9,510 | $ 9,510 | $ 25,150 | $ 25,150 | ||||||
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EXERCISES E41 The trial balance of Orkin Pest Control Service follows. ORKIN PEST CONTROL SERVICE TRIAL...
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EXERCISES E4-1 Jrhe trial balance of Orkin Pest Control Service follows. ORKIN PEST CONTROL SERVICE TRIAL BALANCE SEPTEMBER 30, 1986 Cash... S 3.560 3,440 1.200 3.390 12,600 $ 2.840 1.600 16,030 Accounts receivable. Prepaid rent........ Supplies .................. Equipment............... Accumulated depreciation ..... Accounts pavable..... Salary pavable...... Bobby Oricin, capital........ Bobby Orkin, withdrawals ........ Service revenue ........... Depreciation expense......... Salary expense..... Rent expense ......... Utilities expense...... Supplies expense. Total. 3.000 9,300 1.800 780 $29.770 $29,770 Additional information at September 30, 19X6: a....
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EXERCISES E4-1 Jrhe trial balance of Orkin Pest Control Service follows. ORKIN PEST CONTROL SERVICE TRIAL BALANCE SEPTEMBER 30, 1986 Cash... S 3.560 3,440 1.200 3.390 12,600 $ 2.840 1.600 16,030 Accounts receivable. Prepaid rent........ Supplies .................. Equipment............... Accumulated depreciation ..... Accounts pavable..... Salary pavable...... Bobby Oricin, capital........ Bobby Orkin, withdrawals ........ Service revenue ........... Depreciation expense......... Salary expense..... Rent expense ......... Utilities expense...... Supplies expense. Total. 3.000 9,300 1.800 780 $29.770 $29,770 Additional information at September 30, 19X6: a....
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