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Create a Balance Sheet
CB's Flyshop2 Trial Balance As of June 30, 2015 Debit Cash Credit...
Create a Trial Balance as of June 30, 2015 Date Entry Post Ref. Credit Debit 70,000...
Create a Trial Balance as of
June 30, 2015
Date Entry Post Ref. Credit Debit 70,000 101 307 70,000 128 12,240 101 12,240 25,000 25,000 155 153 101 12,000 12,500 24,500 131 3,600 101 3,600 June Cash Common Stock (to record investment) Prepaid Insurance Cash (to record prepayment of insurance) Cash Accounts Payable (to record loan) Rafts Trucks Cash | (to record purchase of Rafts and Truck) Prepaid Rent Cash (to record prepayment of rent 3 months) Unearned Guiding Revenue...
Create a Balance Sheet and Closing Entries. Note: I found a mistake on June 3 Entry...
Create a Balance Sheet and Closing Entries. Note: I found a
mistake on June 3 Entry its supposed to be Debit Cash and Credit
Unearned Revenue.
Date Entry Post Ref. Credit Debit 70,000 101 307 70,000 128 12,240 101 12,240 25,000 25,000 155 153 101 12,000 12,500 24,500 131 3,600 101 3,600 June Cash Common Stock (to record investment) Prepaid Insurance Cash (to record prepayment of insurance) Cash Accounts Payable (to record loan) Rafts Trucks Cash | (to record purchase...
1) Create a Multi-step Income Statement for the Month of June. Assume a 35% Tax rate...
1) Create a Multi-step Income Statement for the Month of June.
Assume a 35% Tax rate
Date Entry Post Ref. Credit Debit 70,000 101 307 70,000 128 12,240 101 12,240 25,000 25,000 155 153 101 12,000 12,500 24,500 131 3,600 101 3,600 June Cash Common Stock (to record investment) Prepaid Insurance Cash (to record prepayment of insurance) Cash Accounts Payable (to record loan) Rafts Trucks Cash | (to record purchase of Rafts and Truck) Prepaid Rent Cash (to record prepayment...
Record Journal entries for the month ended June 30th 2015(adjusting entries are provided) Chart of Accounts:...
Record Journal entries for the month ended
June 30th 2015(adjusting entries are provided)
Chart of Accounts: No. Account Cash Accounts Receivable No. 101 106 Account Guiding Revenue Store Sales 403 404 Fly Rod Inventory Supplies for guides Prepaid Insurance Prepaid Rent Trucks Rafts Accumulated Depreciation - Accumulated Depreciation- Accounts Payable Wages Payable Interest Payable Unearned Guiding Revenue Notes Payable Common Stock, $5 par value Retained Earnings Dividends 119 125 128 131 153 155 163 165 201 210 212 236 240...
FASHION CENTRE Adjusted Trial Balance November 30, 2015 Debit $22,000 Credit Cash....... Accounts receivable Merch...
FASHION CENTRE Adjusted Trial Balance November 30, 2015 Debit $22,000 Credit Cash....... Accounts receivable Merchandise inventory Supplies..... Prepaid insurance Long-term investment.. Equipment .. Accumulated depreciation-equipment... Accounts payable. Salaries payable.. Interest payable Income tax payable Unearned revenue. 30,600 25,000 950 1,200 37,000 26.800 $ 16,080 34,400 1,210 175 1,100 600 35,000 16,400 25,000 Bank loan payable (matures 2018) Common shares. Retained earnings Dividends Sales ..... Interest revenue Sales discounts Sales returns and allowances. Cost of goods sold .. Salaries expense. Rent...
The unadjusted trial balance for a company as of December 31, 2015 appears below. Debit Credit...
The unadjusted trial balance for a company as of December 31, 2015 appears below. Debit Credit Cash $1,200 900 Accounts Receivable Prepaid Insurance Supplies Land Office Furniture 900 2,000 10,000 4,500 Accounts Payable 900 Unearned Revenue 1,500 Note Payable 5,500 Common Stock 3,000 Retained Earnings 7,400 Dividends 1,100 Service Revenues 4,100 Rent Expense 600 Salaries Expense 1.200 $22,400 $22,400 Additional Information: 1. The Company paid $900 for a one-year insurance policy on July 1, 2015 2. The office furniture was...
ALBA LTD Unadjusted Trial Balance as at 30 June 2018 Account Debit Credit Cash at bank...
ALBA LTD Unadjusted Trial Balance as at 30 June 2018 Account Debit Credit Cash at bank Accounts receivable GST receivable Prepaid insurance Party equipment Accumulated depreciation – party equipment Furniture Accumulated depreciation – furniture Accounts payable GST payable E. Johns, Capital E. Johns, Drawings Hire fees revenue Salaries expense Rent expense Maintenance expense Electricity expense $ 5 200 2 400 3 300 1 200 31 400 47 300 18 310 26 500 5 700 3 100 1 400 $...
The trial balance of Chelsea Elliott, marketing services provider, at 30 June 2015 was as follows:...
The trial balance of Chelsea Elliott, marketing services provider, at 30 June 2015 was as follows: Chelsea Elliott, Marketing Services Unadjusted trial balance as at 30 June 2015 Account Debit Credit Cash at bank $7,470 Accounts receivable 20,830 GST receivable 2,500 Prepaid rent 2,020 Prepaid insurance 2,620 Office supplies 3,860 Office equipment 11,710 Accumulated depreciation ― office equipment $2,370 Accounts payable 2,690 Unearned fees 1,060 Loan payable ― due 2015 8,830 GST payable 7,740 C Elliott, capital 15,940 C Elliott,...
Trial Balance Adjustments Trial Balance Account Names Debit Credit Debit Credit Debit Credit Cash $3,600 Accounts...
Trial Balance Adjustments Trial Balance Account Names Debit Credit Debit Credit Debit Credit Cash $3,600 Accounts Receivable 6,400 Office Supplies 2,200 Prepaid Insurance 2,400 Equipment 28,000 Accumulated Depreciation-Equipment $8,500 Accounts Payable 5,100 Salaries Payable Common Stock 12,200 Dividends 27,000 Service Revenue 73,000 Depreciation Expense-Equipment Supplies Expense Utilities Expense 4,700 Salaries Expense 24,500 Insurance Expense Total $98,800 $98,800 a. As of December 31, Ganville had performed $100 of service revenue but has not yet billed customers. b. At the end of...
CALCULATOR Trial Balance June 30, 2022 FULL SCREEN PRINTER VERSION BACK Credit Debit $ 6,850 7,000...
CALCULATOR Trial Balance June 30, 2022 FULL SCREEN PRINTER VERSION BACK Credit Debit $ 6,850 7,000 1,997 3,720 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21.997 8.300 4,000 1,175 $39,742 $39.742 In addition to those accounts listed on the trial balance, the chart of accounts for George also contains the following accounts: Accumulated Depreciation Equipment, Salaries and Wages Payable, Depreciation Expense,...
Create a Trial Balance as of
June 30, 2015
Date Entry Post Ref. Credit Debit 70,000 101 307 70,000 128 12,240 101 12,240 25,000 25,000 155 153 101 12,000 12,500 24,500 131 3,600 101 3,600 June Cash Common Stock (to record investment) Prepaid Insurance Cash (to record prepayment of insurance) Cash Accounts Payable (to record loan) Rafts Trucks Cash | (to record purchase of Rafts and Truck) Prepaid Rent Cash (to record prepayment of rent 3 months) Unearned Guiding Revenue...
Create a Balance Sheet and Closing Entries. Note: I found a
mistake on June 3 Entry its supposed to be Debit Cash and Credit
Unearned Revenue.
Date Entry Post Ref. Credit Debit 70,000 101 307 70,000 128 12,240 101 12,240 25,000 25,000 155 153 101 12,000 12,500 24,500 131 3,600 101 3,600 June Cash Common Stock (to record investment) Prepaid Insurance Cash (to record prepayment of insurance) Cash Accounts Payable (to record loan) Rafts Trucks Cash | (to record purchase...
1) Create a Multi-step Income Statement for the Month of June.
Assume a 35% Tax rate
Date Entry Post Ref. Credit Debit 70,000 101 307 70,000 128 12,240 101 12,240 25,000 25,000 155 153 101 12,000 12,500 24,500 131 3,600 101 3,600 June Cash Common Stock (to record investment) Prepaid Insurance Cash (to record prepayment of insurance) Cash Accounts Payable (to record loan) Rafts Trucks Cash | (to record purchase of Rafts and Truck) Prepaid Rent Cash (to record prepayment...
Record Journal entries for the month ended
June 30th 2015(adjusting entries are provided)
Chart of Accounts: No. Account Cash Accounts Receivable No. 101 106 Account Guiding Revenue Store Sales 403 404 Fly Rod Inventory Supplies for guides Prepaid Insurance Prepaid Rent Trucks Rafts Accumulated Depreciation - Accumulated Depreciation- Accounts Payable Wages Payable Interest Payable Unearned Guiding Revenue Notes Payable Common Stock, $5 par value Retained Earnings Dividends 119 125 128 131 153 155 163 165 201 210 212 236 240...
FASHION CENTRE Adjusted Trial Balance November 30, 2015 Debit $22,000 Credit Cash....... Accounts receivable Merchandise inventory Supplies..... Prepaid insurance Long-term investment.. Equipment .. Accumulated depreciation-equipment... Accounts payable. Salaries payable.. Interest payable Income tax payable Unearned revenue. 30,600 25,000 950 1,200 37,000 26.800 $ 16,080 34,400 1,210 175 1,100 600 35,000 16,400 25,000 Bank loan payable (matures 2018) Common shares. Retained earnings Dividends Sales ..... Interest revenue Sales discounts Sales returns and allowances. Cost of goods sold .. Salaries expense. Rent...
The unadjusted trial balance for a company as of December 31, 2015 appears below. Debit Credit Cash $1,200 900 Accounts Receivable Prepaid Insurance Supplies Land Office Furniture 900 2,000 10,000 4,500 Accounts Payable 900 Unearned Revenue 1,500 Note Payable 5,500 Common Stock 3,000 Retained Earnings 7,400 Dividends 1,100 Service Revenues 4,100 Rent Expense 600 Salaries Expense 1.200 $22,400 $22,400 Additional Information: 1. The Company paid $900 for a one-year insurance policy on July 1, 2015 2. The office furniture was...
CALCULATOR Trial Balance June 30, 2022 FULL SCREEN PRINTER VERSION BACK Credit Debit $ 6,850 7,000 1,997 3,720 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21.997 8.300 4,000 1,175 $39,742 $39.742 In addition to those accounts listed on the trial balance, the chart of accounts for George also contains the following accounts: Accumulated Depreciation Equipment, Salaries and Wages Payable, Depreciation Expense,...
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