Adjusting entry
Date | General Journal | Debit | Credit |
Dec 31 | Rent expense (5040/6*2) | 1680 | |
Prepaid rent | 1680 | ||
Dec 31 | Deferred revenue | 300 | |
Service revenue | 300 | ||
Dec 31 | Salaries expense | 600 | |
Salaries payable | 600 | ||
Dec 31 | Supplies expense (2200-620) | 1580 | |
Supplies | 1580 | ||
Exercise 3-14A Prepare an adjusted trial balance (L03.3, 3.4) [The following information applies to the questions...
Required information Exercise 3-14A Prepare an adjusted trial balance (LO3-3, 3-4) [The following information applies to the questions displayed belowJ The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Accounts Debit $ 8,400 13,400 5,280 2,400 Credit Cash Accounts Receivable Prepaid Rent Suppliers Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense $ 1,400 11,000 4,400 39,680 27,000 $56,480 $56,480 At year-end, the following additional information is available: 1. The balance of Prepaid Rent,...
Required information Exercise 3-14A Prepare an adjusted trial balance (LO3-3, 3-4) (The following information applies to the questions displayed below.) The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit Account Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense Debit $10,000 15,000 7,200 4,000 $ 3.000 11,000 6,000 51,200 35,000 $71,200 $71,200 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $7,200,...
Exercise 3-14A Prepare an adjusted trial balance (L03-3, 3-4) (The following information applies to the questions displayed below.) The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit Debit $ 8,100 13,100 4,920 2,100 Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense $ 1,100 11,000 4,100 37,520 25,500 $53, 720 $53, 720 At year-end, the following additional information is available: 1. The balance of Prepaid Rent,...
The December 31, 2018, unadjusted trial balance for Demon Deacons Corporation is presented below $ 8,200 13,200 Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense 5,040 2,200 $ 1,200 10,000 4,200 39,240 26,000 $54,640 $54,640 At year-end, the following additional information is available: At year-end, the following additional information is available: a. The balance of Prepaid Rent, $5,040, represents payment on October 31, 2018, for rent from November 1, 2018, to...
Required Information Exercise 3-14A Prepare an adjusted trial balance (L03-3, 3-4) [The following information applies to the questions displayed below.) The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit Debit $ 9,600 14,600 6, 720 3,600 Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense $ 2,600 10,000 5,600 49,320 33,000 $67,520 $67,520 At year-end, the following additional information is available: 1. The balance of Prepaid...
Required information Exercise 3-14A Prepare an adjusted trial balance (LO3-3, 3-4) The following information applies to the questions displayed below. The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Debit $ 8,400 13,400 5,280 2,400 Accounts Credit Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense 1,400 11,000 4,400 39, 680 27,000 $56,480 $56,480 At year-end, the following additional information is available 1. The balance of Prepaid Rent,...
Required information Exercise 3-14A Prepare an adjusted trial balance (LO3-3, 3-4) (The following information applies to the questions displayed below.) The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit $10,000 15,000 7,200 4,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense $ 3,000 11,000 6,000 51,200 35,000 $71,200 $71,200 At year-end, the following additional information is available: 1 The balance of Prepaid Rent, $7,200, represents...
Required information [The following information applies to the questions displayed below) The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense Debit $ 8,800 13,800 5,760 2,800 $ 1.800 10.000 4.300 43, 560 29,000 660,160 $60,160 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $5,760, represents payment on October 31, 2021, for...
Required information (The following information applies to the questions displayed below.] The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit Debit $ 9,300 14,300 6,360 3,300 Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense $ 2,300 10,000 5,300 47,160 31,500 $64,760 $64,760 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $6,360, represents payment on October 31, 2021, for rent...
Served Required information [The following information applies to the questions displayed below) The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenge Common Stock Retained Earnings Service Revenue Salaries Expense Debit $ 8,500 13,500 5,400 2,500 $1,500 10,000 4.500 41,400 21,500 $57.400 $57,400 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $5,400, represents payment on October 31, 2021, for rent...