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ldentifying accounting events from journal entries The following information is from the records of attorney Glenn...
ldentifying accounting events from journal entries Required The following information is from the records of attorney...
ldentifying accounting events from journal entries Required The following information is from the records of attorney Glenn Price. Write a brief explanation of the accounting event represented in each of the general journal entries. Date Jan 1 Feb. 1 Mar. 1 Debit Credxlanetion Cash Receied easin Cor 4heissus 40,000 24,000 1.600 48.000 2000 8,000 8.800 4.000 2,000 3,000 4.400 2.240 40,000 covarcon stock 24,000 Prepaid Rent Accounts Receivable Service Revenue Supplies 48,000 2,000 8,000 8800 4.000 2,000 3.000 4.400 2.240...
%x E3-24 (similar to) Question Help Requirements The accounting records of Foley Architects include the following...
%x E3-24 (similar to) Question Help Requirements The accounting records of Foley Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,300; Office Supplies, $1,000; Prepaid Rent, $2,250; Equipment, $9,500; Accumulated Depreciation Equipment, $0, Salaries Payable, So; Unearned Revenue, $500; Service Revenue, $4,600; Salaries Expense, $800; Supplies Expense, SO; Rent Expense, $0; Depreciation Expense-Equipment, $0. Inces. Use a "Bal" reference to show Enter the unadjusted balances on the first line of each account. Use a "Mar. 31"...
Print 4. The accounting records of Mackay Architects include the following selected, unadjusted balances at March...
Print 4. The accounting records of Mackay Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,500, Office Supplies, $700; Prepaid Rent, $2,240; Equipment, $8,000; Accumulated Depreciation Equipment. $0, Salaries Payable, $0; Unearned Revenue, 5900; Service Revenue, $4,100; Salaries Expense, $800; Supplies Expense, So; Rent Expense, $0: Depreciation Expense Equipment, SO. The data developed for the March 31 adjusting entries are as follows: *(Click the icon to view the data) Once 4 Salaries Rent Ex Read the...
The accounting records of Mackay Architects include the following selected, unadjusted balances at March 31: Accounts...
The accounting records of Mackay Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,500; Office Supplies, $700; Prepaid Rent, $2,240; Equipment, $8,000; Accumulated Depreciation-Equipment, $0; Salaries Payable, $0; Unearned Revenue, $900; Service Revenue, $4,100; Salaries Expense, $800; Supplies Expense, $0; Rent Expense, $0; Depreciation Expense-Equipment, $0. The data developed for the March 31 adjusting entries are as follows: a. Service revenue accrued, $700. b. Unearned revenue that has been earned, $100. c. Office Supplies on hand,...
The accounting records of Funaro Architects include the following selected, unadjusted balances at March 31: Accounts...
The accounting records of Funaro Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,000; Office Supplies, $1,100; Prepaid Rent, $3,400; Equipment, $14,000; Accumulated Depreciation Equipment, $0, Salaries Payable, $0; Unearned Revenue, $400; Service Revenue, $4,200; Salaries Expense, $1,200; Supplies Expense, $0; Rent Expense, $0; Depreciation Expense-Equipment, $0. The data developed for the March 31 adjusting entries are as follows: (Click the icon to view the data.) Read the requirements. Requirement 2. Post the adjustments to the...
Barney Company Unadjusted Trial Balance December 31, 2018 Cash Accounts Receivable Supplies Prepaid Insurance Inventory Vehicle...
Barney Company Unadjusted Trial Balance December 31, 2018 Cash Accounts Receivable Supplies Prepaid Insurance Inventory Vehicle 145,000 23,000 6,500 24,000 110,000 15,000 75,000 50,000 8,000 16,900 3,000 45,000 46,000 67,600 5,000 490,000 Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2018) Dividends Service Revenue Repair Expense Delivery Expense Depreciation Expense Rent Expense Insurance Expense Wages Expense Supplies Expense Interest Expense Income Tax Expense Total 10,000 45,000 5,000 54,000 12,000 145,000 13,000 4,000...
Build the unadjusted trial balance and adjustments columns from the given information and total the columns....
Build the unadjusted trial balance and adjustments columns from the given information and total the columns. Only input amounts for accounts with balances and do not enter zeros for blank cells. Accounts Payable 5.900 Accounts Receivable 19.600 SMART TOUCH LEARNING Worksheet December 31, 2016 Cash 27,900 Unadjusted Trial Balance Adjustments Common Stock 38,600 Account Names Debit Credit Debit Credit Dividends 5.400 Cash 27900 Furniture 4.400 Accounts Receivable 19600 Notes Payable 6.700 Office Supplies R800 Office Supplies 8.800 Prepaid Rent 12700...
The accounting records of Foley Architects include the following selected, unadjusted balances at March 31: Accounts...
The accounting records of Foley Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,300; Office Supplies, $1,000; Prepaid Rent, $2,250; Equipment, $9,500; Accumulated Depreciation Equipment, $0, Salaries Payable, $O; Unearned Revenue, $500; Service Revenue, $4,600; Salaries Expense, $800; Supplies Expense, $O; Rent Expense, $0; Depreciation Expense-Equipment, $0. The data developed for the March 31 adjusting entries are as follows: (Click the icon to view the data.) Read the requirements Requirement 1. Journalize the adjusting entries using...
The accounting records of Insite Architects include the following selected, unadjusted balances at March 31 Accounts...
The accounting records of Insite Architects include the following selected, unadjusted balances at March 31 Accounts Receivable $1,500: Office Supplies 5600, Prepaid Rent, $2.200 Equipment. $14.000 Accumulated Depreciation-Equipment, 50. Salaries Payable, 50 Unearned Revenue $700 Service Revenue 54800 Salaries Expense, 5000, Supplies Expense 50 Rent Expense, 50, Depreciation Expense Equipment. 50 (Assume all balances are normal balances) The data developed for the March 31 adjusting entries are as follows (Click the icon to view the data Read the requirements Requirement...
C. ADIN C. ADJUSTING JOURNAL ENTRIES (14 Marks) he unadjusted trial balance of Darcy Consulting Services...
C. ADIN C. ADJUSTING JOURNAL ENTRIES (14 Marks) he unadjusted trial balance of Darcy Consulting Services at December 31, Credit Debit $4,HOO 10,400 2.000 1,000 400 16,500 $2,400 Cash Accounts receivable Prepaid insurance Prepaid rent Office supplies Equipment Accumulated depreciation Salaries payable Interest payable Unearned service revenue Note payable Ted Darcy, capital Ted Darcy, drawings Service revenue Salaries expense Depreciation expense Rent expense Insurance expense Office supplies expense Interest expense 600 8,000 15,200 3,000 32,700 20,500 300 $58.900 $58.900 Given...
ldentifying accounting events from journal entries Required The following information is from the records of attorney Glenn Price. Write a brief explanation of the accounting event represented in each of the general journal entries. Date Jan 1 Feb. 1 Mar. 1 Debit Credxlanetion Cash Receied easin Cor 4heissus 40,000 24,000 1.600 48.000 2000 8,000 8.800 4.000 2,000 3,000 4.400 2.240 40,000 covarcon stock 24,000 Prepaid Rent Accounts Receivable Service Revenue Supplies 48,000 2,000 8,000 8800 4.000 2,000 3.000 4.400 2.240...
%x E3-24 (similar to) Question Help Requirements The accounting records of Foley Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,300; Office Supplies, $1,000; Prepaid Rent, $2,250; Equipment, $9,500; Accumulated Depreciation Equipment, $0, Salaries Payable, So; Unearned Revenue, $500; Service Revenue, $4,600; Salaries Expense, $800; Supplies Expense, SO; Rent Expense, $0; Depreciation Expense-Equipment, $0. Inces. Use a "Bal" reference to show Enter the unadjusted balances on the first line of each account. Use a "Mar. 31"...
Print 4. The accounting records of Mackay Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,500, Office Supplies, $700; Prepaid Rent, $2,240; Equipment, $8,000; Accumulated Depreciation Equipment. $0, Salaries Payable, $0; Unearned Revenue, 5900; Service Revenue, $4,100; Salaries Expense, $800; Supplies Expense, So; Rent Expense, $0: Depreciation Expense Equipment, SO. The data developed for the March 31 adjusting entries are as follows: *(Click the icon to view the data) Once 4 Salaries Rent Ex Read the...
The accounting records of Mackay Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,500; Office Supplies, $700; Prepaid Rent, $2,240; Equipment, $8,000; Accumulated Depreciation-Equipment, $0; Salaries Payable, $0; Unearned Revenue, $900; Service Revenue, $4,100; Salaries Expense, $800; Supplies Expense, $0; Rent Expense, $0; Depreciation Expense-Equipment, $0. The data developed for the March 31 adjusting entries are as follows: a. Service revenue accrued, $700. b. Unearned revenue that has been earned, $100. c. Office Supplies on hand,...
The accounting records of Funaro Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,000; Office Supplies, $1,100; Prepaid Rent, $3,400; Equipment, $14,000; Accumulated Depreciation Equipment, $0, Salaries Payable, $0; Unearned Revenue, $400; Service Revenue, $4,200; Salaries Expense, $1,200; Supplies Expense, $0; Rent Expense, $0; Depreciation Expense-Equipment, $0. The data developed for the March 31 adjusting entries are as follows: (Click the icon to view the data.) Read the requirements. Requirement 2. Post the adjustments to the...
Barney Company Unadjusted Trial Balance December 31, 2018 Cash Accounts Receivable Supplies Prepaid Insurance Inventory Vehicle 145,000 23,000 6,500 24,000 110,000 15,000 75,000 50,000 8,000 16,900 3,000 45,000 46,000 67,600 5,000 490,000 Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2018) Dividends Service Revenue Repair Expense Delivery Expense Depreciation Expense Rent Expense Insurance Expense Wages Expense Supplies Expense Interest Expense Income Tax Expense Total 10,000 45,000 5,000 54,000 12,000 145,000 13,000 4,000...
Build the unadjusted trial balance and adjustments columns from the given information and total the columns. Only input amounts for accounts with balances and do not enter zeros for blank cells. Accounts Payable 5.900 Accounts Receivable 19.600 SMART TOUCH LEARNING Worksheet December 31, 2016 Cash 27,900 Unadjusted Trial Balance Adjustments Common Stock 38,600 Account Names Debit Credit Debit Credit Dividends 5.400 Cash 27900 Furniture 4.400 Accounts Receivable 19600 Notes Payable 6.700 Office Supplies R800 Office Supplies 8.800 Prepaid Rent 12700...
The accounting records of Foley Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,300; Office Supplies, $1,000; Prepaid Rent, $2,250; Equipment, $9,500; Accumulated Depreciation Equipment, $0, Salaries Payable, $O; Unearned Revenue, $500; Service Revenue, $4,600; Salaries Expense, $800; Supplies Expense, $O; Rent Expense, $0; Depreciation Expense-Equipment, $0. The data developed for the March 31 adjusting entries are as follows: (Click the icon to view the data.) Read the requirements Requirement 1. Journalize the adjusting entries using...
The accounting records of Insite Architects include the following selected, unadjusted balances at March 31 Accounts Receivable $1,500: Office Supplies 5600, Prepaid Rent, $2.200 Equipment. $14.000 Accumulated Depreciation-Equipment, 50. Salaries Payable, 50 Unearned Revenue $700 Service Revenue 54800 Salaries Expense, 5000, Supplies Expense 50 Rent Expense, 50, Depreciation Expense Equipment. 50 (Assume all balances are normal balances) The data developed for the March 31 adjusting entries are as follows (Click the icon to view the data Read the requirements Requirement...
C. ADIN C. ADJUSTING JOURNAL ENTRIES (14 Marks) he unadjusted trial balance of Darcy Consulting Services at December 31, Credit Debit $4,HOO 10,400 2.000 1,000 400 16,500 $2,400 Cash Accounts receivable Prepaid insurance Prepaid rent Office supplies Equipment Accumulated depreciation Salaries payable Interest payable Unearned service revenue Note payable Ted Darcy, capital Ted Darcy, drawings Service revenue Salaries expense Depreciation expense Rent expense Insurance expense Office supplies expense Interest expense 600 8,000 15,200 3,000 32,700 20,500 300 $58.900 $58.900 Given...
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