Homework Answers
| No. | Account Titles and explanation | Debit | Credit |
| 1 | Supplies expense | $1,500 | |
| Supplies | $1,500 | ||
| ($2,500 - $1,000) | |||
| 2 | Salaries and wages expesnse | $4,000 | |
| Salaries and wages payable | $4,000 | ||
| 3 | Interest Receivable | $4,800 | |
| Interest Revenue | $4,800 | ||
| 4 | Insurance expense | $59,200 | |
| Prepaid Insurance | $59,200 | ||
| 5 | Rent revenue | $14,750 | |
| Unearned rent | $14,750 | ||
| ($29,500/2) | |||
| 6 | Depreciation expense | $46,800 | |
| Accumulated depreciation | $46,800 | ||
| ($52,000 - $5,200) | |||
| 7 | Retained earnings | $7,900 | |
| Accumulated depreciation | $7,900 | ||
Add Answer to:
Question 27 A partial trial balance of Skysong Corporation is as follows on December 31, 2018,...
A partial trial balance of Pina Corporation is as follows on December 31, 2018. Dr. Cr....
A partial trial balance of Pina Corporation is as follows on
December 31, 2018.
Dr.
Cr.
Supplies
$2,900
Salaries and wages payable
$1,500
Interest Receivable
5,100
Prepaid Insurance
95,700
Unearned Rent
0
Interest Payable
15,400
Additional adjusting data:
1.
A physical count of supplies on hand on December 31, 2018,
totaled $1,200.
2.
Through oversight, the Salaries and Wages Payable account was
not changed during 2018. Accrued salaries and wages on December 31,
2018, amounted to $4,400.
3.
The Interest...
A partial trial balance of Pina Corporation is as follows on December 31, 2018. Dr. Cr....
A partial trial balance of Pina Corporation is as follows on
December 31, 2018.
Dr.
Cr.
Supplies
$2,900
Salaries and wages payable
$1,500
Interest Receivable
5,100
Prepaid Insurance
95,700
Unearned Rent
0
Interest Payable
15,400
Additional adjusting data:
1.
A physical count of supplies on hand on December 31, 2018,
totaled $1,200.
2.
Through oversight, the Salaries and Wages Payable account was
not changed during 2018. Accrued salaries and wages on December 31,
2018, amounted to $4,400.
3.
The Interest...
I wanna know how to fill these blanks. Thank You! A partial trial balance of Windsor...
I wanna know how to fill these blanks. Thank You!
A partial trial balance of Windsor Corporation is as follows on December 31, 2021. Dr. Cr. $2,500 $1,300 Supplies Salaries and wages payable Interest Receivable Prepaid Insurance Unearned Rent Interest Payable 5,500 85.800 0 13,700 Additional adjusting data: 1. 2. 3. 4. A physical count of supplies on hand on December 31, 2021, totaled $1,200. Through oversight, the Salaries and Wages Payable account was not changed during 2021. Accrued salaries...
A partial trial balance of Kingbird Corporation is as follows on December 31, 2021. Dr. Cr....
A partial trial balance of Kingbird Corporation is as follows on
December 31, 2021.
Dr.
Cr.
Supplies
$2,900
Salaries and wages payable
$1,600
Interest Receivable
5,200
Prepaid Insurance
97,100
Unearned Rent
0
Interest Payable
13,700
Additional adjusting data:
1.
A physical count of supplies on hand on December 31, 2021,
totaled $1,200.
2.
Through oversight, the Salaries and Wages Payable account was
not changed during 2021. Accrued salaries and wages on December 31,
2021, amounted to $4,600.
3.
The Interest...
A partial trial balance of Kingbird Corporation is as follows on December 31, 2021. Dr. Cr....
A partial trial balance of Kingbird Corporation is as follows
on December 31, 2021.
Dr.
Cr.
Supplies
$2,900
Salaries and wages payable
$1,600
Interest Receivable
5,200
Prepaid Insurance
97,100
Unearned Rent
0
Interest Payable
13,700
Additional adjusting data:
1.
A physical count of supplies on hand on December 31, 2021,
totaled $1,200.
2.
Through oversight, the Salaries and Wages Payable account was
not changed during 2021. Accrued salaries and wages on December 31,
2021, amounted to $4,600.
3.
The Interest...
A partial trial balance of Kingbird Corporation is as follows on December 31, 2021. Dr. Cr....
A partial trial balance of Kingbird Corporation is as follows on
December 31, 2021.
Dr.
Cr.
Supplies
$2,900
Salaries and wages payable
$1,600
Interest Receivable
5,200
Prepaid Insurance
97,100
Unearned Rent
0
Interest Payable
13,700
Additional adjusting data:
1.
A physical count of supplies on hand on December 31, 2021,
totaled $1,200.
2.
Through oversight, the Salaries and Wages Payable account was
not changed during 2021. Accrued salaries and wages on December 31,
2021, amounted to $4,600.
3.
The Interest...
Assuming that the books have not been closed, what are the adjusting entries necessary at December...
Assuming that the books have
not been closed, what are the adjusting entries necessary at
December 31, 2018? (Ignore income tax considerations.)
(Credit account titles are automatically indented when
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.)
A partial trial balance of Ayayai Corporation is as follows on December 31, 2018. Dr. Cr. $2,600 $1,300 5,000 Supplies Salaries and wages payable Interest Receivable...
The adjusted trial balance for Morrison Services Ltd, at July 31, 2018 is as follows: Morrison...
The adjusted trial balance for Morrison Services Ltd, at July 31, 2018 is as follows: Morrison Services Ltd. Adjusted Trial Balance July 31, 2018 Credit Cash Debit $7,490 19,875 Accounts receivable Supplies 3,460 Prepaid insurance 3,620 Equipment 25,300 Accumulated depreciation-equipment $5,785 Accounts payable 2,820 Salaries payable 2,190 Interest payable 1,290 1,190 Rent payable Income tax payable 1,450 Unearned revenue 510 24,500 Bank loan payable, due 2021 4,870 Common shares 5,250 Retained earnings 530 Retained earnings Dividends declared Service revenue Salaries...
Presented below is the December 31 trial balance of Sheridan Boutique. SHERIDAN BOUTIQUE TRIAL BALANCE DECEMBER...
Presented below is the December 31 trial balance of Sheridan Boutique. SHERIDAN BOUTIQUE TRIAL BALANCE DECEMBER 31 Debit Credit Cash $26,200 Accounts Receivable 42,000 Allowance for Doubtful Accounts $660 Inventory, December 31 82,270 Prepaid Insurance 6,650 Equipment 91,000 Accumulated Depreciation—Equipment 37,270 Notes Payable 29,300 Common Stock 80,223 Retained Earnings 9,890 Sales Revenue 701,667 Cost of Goods Sold 477,500 Salaries and Wages Expense (sales) 56,000 Advertising Expense 6,850 Salaries and Wages Expense (administrative) 65,350 Supplies Expense 5,190 $859,010 $859,010 Please complete...
The trial balance for Cozy Fireplaces Inc. for December 31, 2020, follows: Credit balances Debit balances...
The trial balance for Cozy Fireplaces Inc. for December 31, 2020, follows: Credit balances Debit balances $ 88,300 38,100 95,400 5,000 46,700 79,800 151,000 $19,635 21,400 Cash Accounts receivable Inventory Supplies Prepaid rent Land Building Accumulated depreciation, building Accounts payable Wages payable Interest payable Income tax payable Unearned revenue Bank loan payable Common shares Retained earnings Sales revenue Cost of goods sold Wages expense Rent expense Supplies expense Depreciation expense Interest expense Miscellaneous expenses Income tax expense Dividends declared 12,500...
A partial trial balance of Pina Corporation is as follows on
December 31, 2018.
Dr.
Cr.
Supplies
$2,900
Salaries and wages payable
$1,500
Interest Receivable
5,100
Prepaid Insurance
95,700
Unearned Rent
0
Interest Payable
15,400
Additional adjusting data:
1.
A physical count of supplies on hand on December 31, 2018,
totaled $1,200.
2.
Through oversight, the Salaries and Wages Payable account was
not changed during 2018. Accrued salaries and wages on December 31,
2018, amounted to $4,400.
3.
The Interest...
A partial trial balance of Pina Corporation is as follows on
December 31, 2018.
Dr.
Cr.
Supplies
$2,900
Salaries and wages payable
$1,500
Interest Receivable
5,100
Prepaid Insurance
95,700
Unearned Rent
0
Interest Payable
15,400
Additional adjusting data:
1.
A physical count of supplies on hand on December 31, 2018,
totaled $1,200.
2.
Through oversight, the Salaries and Wages Payable account was
not changed during 2018. Accrued salaries and wages on December 31,
2018, amounted to $4,400.
3.
The Interest...
I wanna know how to fill these blanks. Thank You!
A partial trial balance of Windsor Corporation is as follows on December 31, 2021. Dr. Cr. $2,500 $1,300 Supplies Salaries and wages payable Interest Receivable Prepaid Insurance Unearned Rent Interest Payable 5,500 85.800 0 13,700 Additional adjusting data: 1. 2. 3. 4. A physical count of supplies on hand on December 31, 2021, totaled $1,200. Through oversight, the Salaries and Wages Payable account was not changed during 2021. Accrued salaries...
A partial trial balance of Kingbird Corporation is as follows on
December 31, 2021.
Dr.
Cr.
Supplies
$2,900
Salaries and wages payable
$1,600
Interest Receivable
5,200
Prepaid Insurance
97,100
Unearned Rent
0
Interest Payable
13,700
Additional adjusting data:
1.
A physical count of supplies on hand on December 31, 2021,
totaled $1,200.
2.
Through oversight, the Salaries and Wages Payable account was
not changed during 2021. Accrued salaries and wages on December 31,
2021, amounted to $4,600.
3.
The Interest...
A partial trial balance of Kingbird Corporation is as follows
on December 31, 2021.
Dr.
Cr.
Supplies
$2,900
Salaries and wages payable
$1,600
Interest Receivable
5,200
Prepaid Insurance
97,100
Unearned Rent
0
Interest Payable
13,700
Additional adjusting data:
1.
A physical count of supplies on hand on December 31, 2021,
totaled $1,200.
2.
Through oversight, the Salaries and Wages Payable account was
not changed during 2021. Accrued salaries and wages on December 31,
2021, amounted to $4,600.
3.
The Interest...
A partial trial balance of Kingbird Corporation is as follows on
December 31, 2021.
Dr.
Cr.
Supplies
$2,900
Salaries and wages payable
$1,600
Interest Receivable
5,200
Prepaid Insurance
97,100
Unearned Rent
0
Interest Payable
13,700
Additional adjusting data:
1.
A physical count of supplies on hand on December 31, 2021,
totaled $1,200.
2.
Through oversight, the Salaries and Wages Payable account was
not changed during 2021. Accrued salaries and wages on December 31,
2021, amounted to $4,600.
3.
The Interest...
Assuming that the books have
not been closed, what are the adjusting entries necessary at
December 31, 2018? (Ignore income tax considerations.)
(Credit account titles are automatically indented when
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.)
A partial trial balance of Ayayai Corporation is as follows on December 31, 2018. Dr. Cr. $2,600 $1,300 5,000 Supplies Salaries and wages payable Interest Receivable...
The adjusted trial balance for Morrison Services Ltd, at July 31, 2018 is as follows: Morrison Services Ltd. Adjusted Trial Balance July 31, 2018 Credit Cash Debit $7,490 19,875 Accounts receivable Supplies 3,460 Prepaid insurance 3,620 Equipment 25,300 Accumulated depreciation-equipment $5,785 Accounts payable 2,820 Salaries payable 2,190 Interest payable 1,290 1,190 Rent payable Income tax payable 1,450 Unearned revenue 510 24,500 Bank loan payable, due 2021 4,870 Common shares 5,250 Retained earnings 530 Retained earnings Dividends declared Service revenue Salaries...
The trial balance for Cozy Fireplaces Inc. for December 31, 2020, follows: Credit balances Debit balances $ 88,300 38,100 95,400 5,000 46,700 79,800 151,000 $19,635 21,400 Cash Accounts receivable Inventory Supplies Prepaid rent Land Building Accumulated depreciation, building Accounts payable Wages payable Interest payable Income tax payable Unearned revenue Bank loan payable Common shares Retained earnings Sales revenue Cost of goods sold Wages expense Rent expense Supplies expense Depreciation expense Interest expense Miscellaneous expenses Income tax expense Dividends declared 12,500...
Most questions answered within 3 hours.
-
Under the influence of its drive force, a snowmobile is moving
at a constant velocity along...
asked 3 minutes ago -
What mechanisms Drive speciation??
(I.e. what was Dawins theory on the orgin of species, and how...
asked 1 hour ago -
The manager at a car assembly plant believes that the mean
assembly time for a car...
asked 2 hours ago -
Which of the following is true of electron capture?
A) It decreases the nuclide's mass number...
asked 3 hours ago -
Assuming an efficiency of 43.10%, calculate the actual yield of
magnesium nitrate formed from 114.9 g...
asked 4 hours ago -
The highly pathogenic bacterium Clostridium
perfringens causes gangrene, a disease that results in the
destruction of...
asked 6 hours ago -
In the context of situation analysis, which of the following is
a category for analysis in...
asked 6 hours ago -
In a study of the gas phase decomposition of sulfuryl chloride
at 600 K SO2Cl2(g)SO2(g) +...
asked 6 hours ago -
75 g of 2-propanol (C3H8O) and 25 g of pentane are mixed in a
200 mL...
asked 6 hours ago -
The 2800-turn coil in a dc motor has an area per turn of 1.1 ×
10-2...
asked 6 hours ago -
Draw a combinational logic circuit diagram with a symbol inside
the box for two I/P of...
asked 6 hours ago -
The cliché we use quite a lot in finance is: there is a need to
maximize...
asked 6 hours ago