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Sunland Company’s trial balance at December 31 shows Supplies
$8,720 and Supplies Expense $0. On December 31, there are $2,180 of
supplies on hand.
Prepare the adjusting entry at December 31. (Credit
account titles are automatically indented when the amount is
entered. Do not indent manually. If no entry is required, select
"No Entry" for the account titles and enter 0 for the
amounts.)
Date
Account Titles and Explanation
Debit
Credit
Dec. 31
enter an account title for the journal...
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Sandhill Co's trial balance at December 31 shows Supplies $8,790 and Supplies Expense $0.On December 31, there are $2,110 of supplies on hand. Prepare the adjusting entry at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 Supplies Expense 6,680 Supplies 6,680 Using T-accounts, enter the...
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Cheyenne Corp's trial balance at December 31 shows Supplies $6,300 and Supplies Expense $0.On December 31, there are $2,600 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles Debit Credit Dec. 31 Supplies Expense C 3700 3700 Supplies 3700...
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Current Attempt in Progress Crane Company's trial balance at December 31 shows Supplies $8,840 and Supplies Expense $0.On December 31, there are $2,060 of supplies on hand. Your answer is partially correct. Prepare the adjusting entry at December 31. (Credit account titles are automatically Indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31...
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Wildhorse Co.'s trial balance at December 31 shows Supplies $6,900 and Supplies Expense $0. On December 31, there are $2,500 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balan the amount is entered. Do not indent manually.) Account Titles Debit Credit Date Dec. 31 Supplies 4400C 14400 | Supplies Expense Supplies 4400 4400 Supplies Expense 12/31 12/31 Bal. 4 T...
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Ritter Advertising Company’s trial balance at December 31 shows
Supplies $7,500 and Supplies Expense $0. On December 31, there are
$2,900 of supplies on hand.
Prepare the adjusting entry at December 31, and using T-accounts,
enter the balances in the accounts, post the adjusting entry, and
indicate the adjusted balance in each account.
At the end of its first year, the trial balance of Nygaard
Company shows Equipment $30,200 and zero balances in Accumulated
Depreciation—Equipment and Depreciation Expense. Depreciation for...
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Wow Advertising Company's trial balance at December 31 shows Supplies £6,380 and Supplies Expense £0. On December 31, there are E2,839 of supplies on hand. Prepare the adjusting entry at December 31 and, using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Tities and Explanation Dec. 31 Supplies Supplies Expense
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Sunland Advertising Company's trial balance at December 31 shows Supplies 56,900 and Supplies Experse $0 On December 31, there are $2,800 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually Credit Date Account Titles and Explanation Debit Dec. 31 Supplies Supplies Expense...
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Brief Exercise 3-03 Bramble Corp's trial balance at December 31 shows Supplies $7,900 and Supplies Expense $0. On December 31, there are $2,800 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually.) Date Account Titles Debit Credit Dec. 31 Supplies . ....
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At December 31, 2021, Oriole Imports reported this information
on its balance sheet.
Accounts receivable
$620,000
Less: Allowance for doubtful accounts
42,000
During 2022, the company had the following transactions related to
receivables.
1.
Sales on account
$2,810,000
2.
Sales returns and allowances
63,000
3.
Collections of accounts receivable
2,510,000
4.
Write-offs of accounts receivable deemed uncollectible
44,000
5.
Recovery of bad debts previously written off as
uncollectible
15,000
Prepare the journal entries to record each of these five
transactions....
Sunland Company’s trial balance at December 31 shows Supplies
$8,720 and Supplies Expense $0. On December 31, there are $2,180 of
supplies on hand.
Prepare the adjusting entry at December 31. (Credit
account titles are automatically indented when the amount is
entered. Do not indent manually. If no entry is required, select
"No Entry" for the account titles and enter 0 for the
amounts.)
Date
Account Titles and Explanation
Debit
Credit
Dec. 31
enter an account title for the journal...
Sandhill Co's trial balance at December 31 shows Supplies $8,790 and Supplies Expense $0.On December 31, there are $2,110 of supplies on hand. Prepare the adjusting entry at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 Supplies Expense 6,680 Supplies 6,680 Using T-accounts, enter the...
Cheyenne Corp's trial balance at December 31 shows Supplies $6,300 and Supplies Expense $0.On December 31, there are $2,600 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles Debit Credit Dec. 31 Supplies Expense C 3700 3700 Supplies 3700...
Current Attempt in Progress Crane Company's trial balance at December 31 shows Supplies $8,840 and Supplies Expense $0.On December 31, there are $2,060 of supplies on hand. Your answer is partially correct. Prepare the adjusting entry at December 31. (Credit account titles are automatically Indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31...
Wildhorse Co.'s trial balance at December 31 shows Supplies $6,900 and Supplies Expense $0. On December 31, there are $2,500 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balan the amount is entered. Do not indent manually.) Account Titles Debit Credit Date Dec. 31 Supplies 4400C 14400 | Supplies Expense Supplies 4400 4400 Supplies Expense 12/31 12/31 Bal. 4 T...
Ritter Advertising Company’s trial balance at December 31 shows
Supplies $7,500 and Supplies Expense $0. On December 31, there are
$2,900 of supplies on hand.
Prepare the adjusting entry at December 31, and using T-accounts,
enter the balances in the accounts, post the adjusting entry, and
indicate the adjusted balance in each account.
At the end of its first year, the trial balance of Nygaard
Company shows Equipment $30,200 and zero balances in Accumulated
Depreciation—Equipment and Depreciation Expense. Depreciation for...
Wow Advertising Company's trial balance at December 31 shows Supplies £6,380 and Supplies Expense £0. On December 31, there are E2,839 of supplies on hand. Prepare the adjusting entry at December 31 and, using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Tities and Explanation Dec. 31 Supplies Supplies Expense
Sunland Advertising Company's trial balance at December 31 shows Supplies 56,900 and Supplies Experse $0 On December 31, there are $2,800 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually Credit Date Account Titles and Explanation Debit Dec. 31 Supplies Supplies Expense...
Brief Exercise 3-03 Bramble Corp's trial balance at December 31 shows Supplies $7,900 and Supplies Expense $0. On December 31, there are $2,800 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually.) Date Account Titles Debit Credit Dec. 31 Supplies . ....