Homework Answers
| Adjusting entries are shown below | ||||
| Date | Account titles and Explanation | Debit | Credit | |
| Accounts receivable (10,130-9,460) | $670 | |||
| Sales revenue | $670 | |||
| (To record revenue accrued) | ||||
| Supplies expense (2,940-1,200) | $1,740 | |||
| Supplies | $1,740 | |||
| (To record supplies used) | ||||
| Insurance expense (4,180-2,840) | $1,340 | |||
| Prepaid insurance | $1,340 | |||
| (To adjusted insurance expense) | ||||
| Depreciation expense | $1,200 | |||
| Accumulated depreciation | $1,200 | |||
| (To record depreciation expense) | ||||
| Salaries and wages expense | $1,700 | |||
| Salaries and wages payable | $1,700 | |||
| (To record salaries and wages paid) | ||||
| Unearned rent revenue (1,810-1000) | $810 | |||
| Rent revenue | $810 | |||
| (To record rent revenue earned) | ||||
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The trial balances shown below are before and after adjustment for Blossom Company at the end...
The trial balances shown below are before and after adjustment for Pharoah Company at the end...
The trial balances shown below are before and after adjustment for Pharoah Company at the end of its fiscal year. PHAROAH COMPANY Trial Balance August 31, 2017 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $10,680 $10,680 Accounts Receivable 8,770 9,360 Supplies 2,990 1,910 Prepaid Insurance 4,210 2,960 Equipment 16,710 16,710 Accumulated Depreciation—Equipment $3,760 $4,960 Accounts Payable 5,080 5,080 Salaries and Wages Payable 0 1,850 Unearned Rent Revenue 1,910 1,160 Common Stock 19,980 19,980 Retained Earnings 5,330 5,330 Dividends...
The trial balances before and after adjustment for Crane Company at the end of its fiscal...
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The trial balances shown below are before and after adjustment for Pharoah Company at the end...
The trial balances shown below are before and after adjustment for Pharoah Company at the end of its fiscal year. PHAROAH COMPANY Trial Balance August 31, 2017 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $11,050 $11,050 Accounts Receivable 9,120 9,700 Supplies 2,610 1,400 Prepaid Insurance 4,030 2,670 Equipment 16,840 16,840 Accumulated Depreciation—Equipment $3,789 $4,989 Accounts Payable 5,800 5,800 Salaries and Wages Payable 0 1,650 Unearned Rent Revenue 1,850 1,070 Common Stock 18,360 18,360 Retained Earnings 5,160 5,160 Dividends...
accounting help The trial balances before and after adjustment for Cullumber Company at the end of...
accounting help
The trial balances before and after adjustment for Cullumber Company at the end of its fiscal year are presented below. Cr. Cullumber Company Trial Balance August 31, 2020 Before Adjustment Dr. Cr. Cash $10,000 Accounts Receivable 8,500 Supplies 2,300 Prepaid Insurance 3,700 Equipment 12,000 Accumulated Depreciation-Equipment $3,400 Accounts Payable 5,700 Salaries and Wages Payable 0 Unearned Rent Revenue 1,300 Common Stock 9,500 Retained Earnings 3,600 Service Revenue 33,800 Rent Revenue 10,800 Salaries and Wages Expense 16,800 Supplies Expense...
The trial balances before and after adjustment for Marigold Corp. at the end of its fiscal...
The trial balances before and after adjustment for Marigold Corp. at the end of its fiscal year are presented below. Marigold Corp. Trial Balance August 31, 2020 Before Adjustment Dr. Cr. Cash $10,100 8,700 2,500 3,900 After Adjustment Dr. Cr. $10,100 10,000 600 2,700 14,400 $4,600 5,800 1,300 700 14,400 $3,500 5,800 0 1,500 Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Service Revenue Rent Revenue...
After Adjustment Dr. Cr. $10,500 9,800 700 2,600 14,900 CULLUMBER COMPANY Trial Balance August 31, 2020...
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-74 Question 4 of 4 The adjusted trial balance for Blossom Company is given below. BLOSSOM...
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The trial balances before and after adjustment for Sunland Company at October 31, 2021, which is...
The trial balances before and after adjustment for Sunland Company at October 31, 2021, which is the end of its fiscal year, are as follows: Before Adjustment After Adjustment Debit Credit Debit Credit Cash $9.190 $9,190 Accounts Receivable 8,865 9,405 Supplies 2.510 610 Prepaid Insurance 3,830 2.550 Equipment 34,205 34,205 Accumulated Depreciation-Equipment $3,300 Accounts Payable Notes Payable 38,275 Salaries Payable Interest Payable 0 440 Unearned Revenue 1.485 295 E. Sunland, Capital 5. 630 5 ,630 E. Sunland, Drawings 10.370 10.370...
prepare the adjusting entries that were made CRANE COMPANY Trial Balance August 31, 2020 Before Adjustment...
prepare the adjusting entries that were made
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The trial balances before and after adjustment for Crane Company at October 31, 2021, which is...
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accounting help
The trial balances before and after adjustment for Cullumber Company at the end of its fiscal year are presented below. Cr. Cullumber Company Trial Balance August 31, 2020 Before Adjustment Dr. Cr. Cash $10,000 Accounts Receivable 8,500 Supplies 2,300 Prepaid Insurance 3,700 Equipment 12,000 Accumulated Depreciation-Equipment $3,400 Accounts Payable 5,700 Salaries and Wages Payable 0 Unearned Rent Revenue 1,300 Common Stock 9,500 Retained Earnings 3,600 Service Revenue 33,800 Rent Revenue 10,800 Salaries and Wages Expense 16,800 Supplies Expense...
The trial balances before and after adjustment for Marigold Corp. at the end of its fiscal year are presented below. Marigold Corp. Trial Balance August 31, 2020 Before Adjustment Dr. Cr. Cash $10,100 8,700 2,500 3,900 After Adjustment Dr. Cr. $10,100 10,000 600 2,700 14,400 $4,600 5,800 1,300 700 14,400 $3,500 5,800 0 1,500 Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Service Revenue Rent Revenue...
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The trial balances before and after adjustment for Sunland Company at October 31, 2021, which is the end of its fiscal year, are as follows: Before Adjustment After Adjustment Debit Credit Debit Credit Cash $9.190 $9,190 Accounts Receivable 8,865 9,405 Supplies 2.510 610 Prepaid Insurance 3,830 2.550 Equipment 34,205 34,205 Accumulated Depreciation-Equipment $3,300 Accounts Payable Notes Payable 38,275 Salaries Payable Interest Payable 0 440 Unearned Revenue 1.485 295 E. Sunland, Capital 5. 630 5 ,630 E. Sunland, Drawings 10.370 10.370...
prepare the adjusting entries that were made
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