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CALCULATOR Exercise 4-14 a The adjusted trial balance for Carla Vista Bowling Alley at December 31, 2020, contains the following accounts. FULL SCREEN PRINTER VERSION 4 BACK Debits Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $128,200 14,000 5,000 18,600 Credits Owner's Capital Accumulated Depreciation Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Service Revenue 62,200 66,600 900 6,700 2,900 $305,100 $117,400 12,600 11,300 97,000 17,800 2,000 17,000 $305,100 (a) Prepare a classified...
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Exercise 4-14 a-b (Part Level Submission) The adjusted trial balance for Martell Bowling Alley at December 31, 2019, contains the following accounts. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Debit $128,800 14,520 4,680 18,040 62,400 67,000 780 7,360 2,600 $306,180 Common Stock Retained Earnings Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Service Revenue Credit $90,000 25,000 42,600 12,300 97,780 18,720 2,600 17,180 $281,180 Prepare a classified balance sheet; assume that...
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Struggling with the boxes outlined in red. Any help would be
appreciated!
The adjusted trial balance for Carter Bowling Alley at December 31, 2020, contains the following accounts. Debits Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Credits $128,800 Owner's Capital 14,520 Accumulated Depreciation-Buildings 4,680 Accounts Payable 18,040 Notes Payable 62,400 Accumulated Depreciation Equipment 65,000 Interest Payable 780 Service Revenue 7,360 3,800 $305,380 $113,000 42,600 12,300 97,780 18,720 3,800 17,180 $305,380 Prepare a classified...
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The following information is available for Ayayai Bowling Alley at December 31, 2022. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $127,500 14,410 4,550 16,840 60,400 55,000 Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues $100,000 2,970 42,450 11,500 97,580 18,120 2,100 14,100 780 7,240 2,100 Prepare a classified statement of financial position. Assume that $12,900 of the notes payable will be paid in 2023....
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E4-14 The adjusted trial balance for Karr Bowling Alley at December 31, 2010, contains the following accounts. Debits Building Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Credits $128,800 Sue Karr, Capital 14,520 Accumulated Depreciation-Building 4,680 Accounts Payable 18,040 Note Payable 62,400 Accumulated Depreciation Equipment 64,000 Interest Payable 780 Bowling Revenues 7,360 2,600 $303,180 $115,000 42,600 12,300 97,780 18,720 2,600 14,180 $303,180 Instructions (a) Prepare a classified balance sheet; assume that $13,900 of the note...
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The adjusted trial balance for Monty at December 31, 2019, contains the following accounts. Debit Credit Buildings $127,400 Common Stock $93,050 Accounts Receivable 14.700 26,150 Retained Earnings Accumulated Depreciation-Buildings Prepaid Insurance 4,400 43,300 Cash 18,900 Accounts Payable 11,900 Equipment 62,500 Notes Payable 96,300 18,300 Land Insurance Expense 68,500 Accumulated Depreciation-Equipment 900 Interest Payable 7,400 Service Revenue 2,400 $307,100 2,400 15,700 Depreciation Expense Interest Expense $280,950 Prepare a classified balance sheet: assume that $23,000 of the note payable will be paid...
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Current Attempt in Progress The adjusted trial balance for Blue Spruce at December 31, 2019, contains the following accounts. Debit Credit Buildings $128,900 Common Stock $93,900 Accounts Receivable 14,300 Retained Earnings 25,000 43,100 Prepaid Insurance 4,900 Accumulated Depreciation-Buildings Cash 18,700 Accounts Payable 11,400 Equipment 61,200 Notes Payable 96,300 Land 68,200 600 7,100 Insurance Expense Accumulated Depreciation-Equipment Interest Payable Service Revenue 17,700 2,700 Depreciation Expense 16,500 Interest Expense 2,700 $306,600 $281,600 Prepare a classified balance sheet: assume that $21,000 of the...
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Your answer is partially correct. The following information is available for Riverbed Bowling Alley at December 31, 2022. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $129.900 14,580 4,760 17,740 60,800 78,000 780 7.360 2,350 Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues $100,000 29,480 42,570 11.700 97,600 18.240 2,350 14,330 Prepare a classified statement of financial position. Assume that $14.200 of the notes payable...
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Your answer is partially correct. The following information is available for Marigold Bowling Alley at December 31, 2022. $129,000 14,460 4,800 $100,000 5,290 42,480 18,240 13,200 Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues 61,400 55,000 780 97,620 18,420 2,150 14,160 7,490 2,150 Prepare a classified statement of financial position. Assume that $14,200 of the notes payable...
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Current Attempt in Progress The adjusted trial balance for Riverbed at December 31, 2019, contains the following accounts. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Debit $127,600 14,100 4.700 18,500 62.900 67,600 600 7.200 2,200 $305,400 Common Stock Retained Earnings Accumulated Depreciation - Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Service Revenue Credit $93,300 26,300 42,600 11,000 97,300 17,300 2,200 15,400 $279.100 Prepare a classified balance sheet: assume that $22,000 of...
CALCULATOR Exercise 4-14 a The adjusted trial balance for Carla Vista Bowling Alley at December 31, 2020, contains the following accounts. FULL SCREEN PRINTER VERSION 4 BACK Debits Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $128,200 14,000 5,000 18,600 Credits Owner's Capital Accumulated Depreciation Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Service Revenue 62,200 66,600 900 6,700 2,900 $305,100 $117,400 12,600 11,300 97,000 17,800 2,000 17,000 $305,100 (a) Prepare a classified...
Exercise 4-14 a-b (Part Level Submission) The adjusted trial balance for Martell Bowling Alley at December 31, 2019, contains the following accounts. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Debit $128,800 14,520 4,680 18,040 62,400 67,000 780 7,360 2,600 $306,180 Common Stock Retained Earnings Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Service Revenue Credit $90,000 25,000 42,600 12,300 97,780 18,720 2,600 17,180 $281,180 Prepare a classified balance sheet; assume that...
Struggling with the boxes outlined in red. Any help would be
appreciated!
The adjusted trial balance for Carter Bowling Alley at December 31, 2020, contains the following accounts. Debits Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Credits $128,800 Owner's Capital 14,520 Accumulated Depreciation-Buildings 4,680 Accounts Payable 18,040 Notes Payable 62,400 Accumulated Depreciation Equipment 65,000 Interest Payable 780 Service Revenue 7,360 3,800 $305,380 $113,000 42,600 12,300 97,780 18,720 3,800 17,180 $305,380 Prepare a classified...
The following information is available for Ayayai Bowling Alley at December 31, 2022. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $127,500 14,410 4,550 16,840 60,400 55,000 Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues $100,000 2,970 42,450 11,500 97,580 18,120 2,100 14,100 780 7,240 2,100 Prepare a classified statement of financial position. Assume that $12,900 of the notes payable will be paid in 2023....
E4-14 The adjusted trial balance for Karr Bowling Alley at December 31, 2010, contains the following accounts. Debits Building Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Credits $128,800 Sue Karr, Capital 14,520 Accumulated Depreciation-Building 4,680 Accounts Payable 18,040 Note Payable 62,400 Accumulated Depreciation Equipment 64,000 Interest Payable 780 Bowling Revenues 7,360 2,600 $303,180 $115,000 42,600 12,300 97,780 18,720 2,600 14,180 $303,180 Instructions (a) Prepare a classified balance sheet; assume that $13,900 of the note...
The adjusted trial balance for Monty at December 31, 2019, contains the following accounts. Debit Credit Buildings $127,400 Common Stock $93,050 Accounts Receivable 14.700 26,150 Retained Earnings Accumulated Depreciation-Buildings Prepaid Insurance 4,400 43,300 Cash 18,900 Accounts Payable 11,900 Equipment 62,500 Notes Payable 96,300 18,300 Land Insurance Expense 68,500 Accumulated Depreciation-Equipment 900 Interest Payable 7,400 Service Revenue 2,400 $307,100 2,400 15,700 Depreciation Expense Interest Expense $280,950 Prepare a classified balance sheet: assume that $23,000 of the note payable will be paid...
Current Attempt in Progress The adjusted trial balance for Blue Spruce at December 31, 2019, contains the following accounts. Debit Credit Buildings $128,900 Common Stock $93,900 Accounts Receivable 14,300 Retained Earnings 25,000 43,100 Prepaid Insurance 4,900 Accumulated Depreciation-Buildings Cash 18,700 Accounts Payable 11,400 Equipment 61,200 Notes Payable 96,300 Land 68,200 600 7,100 Insurance Expense Accumulated Depreciation-Equipment Interest Payable Service Revenue 17,700 2,700 Depreciation Expense 16,500 Interest Expense 2,700 $306,600 $281,600 Prepare a classified balance sheet: assume that $21,000 of the...
Your answer is partially correct. The following information is available for Riverbed Bowling Alley at December 31, 2022. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $129.900 14,580 4,760 17,740 60,800 78,000 780 7.360 2,350 Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues $100,000 29,480 42,570 11.700 97,600 18.240 2,350 14,330 Prepare a classified statement of financial position. Assume that $14.200 of the notes payable...
Your answer is partially correct. The following information is available for Marigold Bowling Alley at December 31, 2022. $129,000 14,460 4,800 $100,000 5,290 42,480 18,240 13,200 Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues 61,400 55,000 780 97,620 18,420 2,150 14,160 7,490 2,150 Prepare a classified statement of financial position. Assume that $14,200 of the notes payable...
Current Attempt in Progress The adjusted trial balance for Riverbed at December 31, 2019, contains the following accounts. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Debit $127,600 14,100 4.700 18,500 62.900 67,600 600 7.200 2,200 $305,400 Common Stock Retained Earnings Accumulated Depreciation - Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Service Revenue Credit $93,300 26,300 42,600 11,000 97,300 17,300 2,200 15,400 $279.100 Prepare a classified balance sheet: assume that $22,000 of...