Homework Answers
| Windsor Inc. | ||||
| Journal entries | ||||
| Date | Account | Debit | Credit | Calculation |
| 31-Mar | Insurance expense | $ 330 | ||
| Prepaid Insurance | $ 330 | |||
| 31-Mar | Supplies expense | $ 1,865 | =2,820-955 | |
| Supplies | $ 1,865 | |||
| 31-Mar | Depreciation expense | $ 170 | ||
| Accumulated Depreciation - Equipment | $ 170 | |||
| 31-Mar | Unearned Service Revenue | $ 4,640 | =11,600*2/5 | |
| Service Revenue | $ 4,640 | |||
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Current Attempt in Progress The ledger of Windsor, Inc. on March 31, 2017, includes the following...
Current Attempt in Progress The lediger of Larkspur, Inc. on March 31, 2017, includes the following...
Current Attempt in Progress The lediger of Larkspur, Inc. on March 31, 2017, includes the following selected accounts before adjusting entries. Debit Credit 4,100 Supplies Prepaid Insurance 2.240 25.500 Equipment Unearned Service Revenue 12,300 An analysis of the accounts shows the following 1. Insurance expires at the rate of $280 per month 2 Supplies on hand total $960. 3. The equipment depreciates $170 per month 4. During March, services were performed for two-fifths of the unearned service revenue. Prepare the...
View Policies Current Attempt in Progress The ledger of Kingbird, Inc. on March 31, 2020, includes...
View Policies Current Attempt in Progress The ledger of Kingbird, Inc. on March 31, 2020, includes the following selected accounts before adjusting entries. Debit Credit Prepaid Insurance Supplies Equipment Unearned Service Revenue 2,800 2,300 33,600 8,600 An analysis of the accounts shows the following. 1. 2. 3 Insurance expires at the rate of $200 per month. Supplies on hand total $1,200. The equipment depreciates $300 per month. During March, services were performed for two-fifths of the unearned service revenue. Prepare...
Your answer is partially correct. The ledger of Metlock, Inc. on March 31, 2022, includes the...
Your answer is partially correct. The ledger of Metlock, Inc. on March 31, 2022, includes the following selected accounts before adjusting entries. Credit Supplies Prepaid Insurance Equipment Unearned Service Revenue Debit 4,490 2.560 36,000 11,000 An analysis of the accounts shows the following. Insurance expires at the rate of $320 per month Supplies on hand total $900. The equipment depreciates $240 per month. During March, services were performed for two-fifths of the unearned service revenue. 1 2 3. 4 Prepare...
Current Attempt in Progress The ledger of Monty Corp. on March 31, 2022, includes the following...
Current Attempt in Progress The ledger of Monty Corp. on March 31, 2022, includes the following selected accounts before adjusting entries. Credit Prepaid Insurance Supplies Equipment Unearned Service Revenue Debit 3.120 3,250 39,000 11.700 An analysis of the accounts shows the following 1. 2 Insurance expires at the rate of $390 per month. Supplies on hand total $1,430. The equipment depreciates at $650 per month During March, services were performed for two-hifths of the unearned service revenue. 3. Prepare the...
The ledger of Monty Corp.on March 31 of the current year includes the selected accounts below...
The ledger of Monty Corp.on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Debit Credit Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $3,760 3,960 25,500 $7,650 20,000 11,600 61,200 0 14,000 An analysis of the accounts shows the following. 1. The equipment depreciates $ 400 per month 2. Half of the unearned rent revenue was earned during the quarter....
Supplies Prepaid Insurance Equipment Unearned Service Revenue 2.640 25,500 An analysis of the accounts shows the...
Supplies Prepaid Insurance Equipment Unearned Service Revenue 2.640 25,500 An analysis of the accounts shows the following. 1. Insurance expires at the rate of $330 per month 2. Supplies on hand total $955. 3. The equipment depreciates $170 per month 4 During March, services were performed for two-fifths of the unearned service revenue Prepare the adjusting entries for the month of March ( no entry is required, select 'No Entry for the account titles and enter for the amounts Credit...
S The ledger of Lafayette, SA on March cludes the following selected accounts before adjusting entries....
S The ledger of Lafayette, SA on March cludes the following selected accounts before adjusting entries. Debit Credit 2,657 Prepaid Insurance Supplies Equipment Unearned Service Revenue 9,800 An analysis of the accounts shows the following. 1. Insurance expires at the rate of CHF2.0 per month. 2. Supplies on hand total CHF1,150. 3. The equipment depreciates CHF472 per month 4. During March, services were performed for two-fifths of the unearned service revenue. Prepare the adjusting entries for the month of March....
CALCULATOR PRINTER VERS Practice Do It! Review 01 The ledger of Skysong, Inc. on March 31,...
CALCULATOR PRINTER VERS Practice Do It! Review 01 The ledger of Skysong, Inc. on March 31, 2020, includes the following selected accounts before adjusting entries. Debit Credit Prepaid Insurance 2,500 Supplies 3,000 Equipment 31,500 Unearned Service Revenue 8,700 1. An analysis of the accounts shows the following. Insurance expires at the rate of $300 per month 2 Supplies on hand total $1,100. The equipment depreciates $600 per month During March, services were performed for two-fifths of the unearned service revenue....
The ledger of Splish Brothers Inc. on March 31 of the current year includes the selected...
The ledger of Splish Brothers Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Credit Debit $3,100 4,140 29,100 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $8,730 21,500 11,150 59,900 0 13,600 An analysis of the accounts shows the following. 1. 2. 3. The equipment depreciates $320 per month. Half of the unearned rent revenue was earned during...
The ledger of Metlock, Inc. on March 31 of the current year includes the selected accounts...
The ledger of Metlock, Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Credit Debit $3,640 2,700 28,900 Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $8,670 18,100 11,250 61,500 0 14,200 An analysis of the accounts shows the following. 1. 2. 3. 4. The equipment depreciates $400 per month. Half of the unearned rent revenue was earned...
Current Attempt in Progress The lediger of Larkspur, Inc. on March 31, 2017, includes the following selected accounts before adjusting entries. Debit Credit 4,100 Supplies Prepaid Insurance 2.240 25.500 Equipment Unearned Service Revenue 12,300 An analysis of the accounts shows the following 1. Insurance expires at the rate of $280 per month 2 Supplies on hand total $960. 3. The equipment depreciates $170 per month 4. During March, services were performed for two-fifths of the unearned service revenue. Prepare the...
View Policies Current Attempt in Progress The ledger of Kingbird, Inc. on March 31, 2020, includes the following selected accounts before adjusting entries. Debit Credit Prepaid Insurance Supplies Equipment Unearned Service Revenue 2,800 2,300 33,600 8,600 An analysis of the accounts shows the following. 1. 2. 3 Insurance expires at the rate of $200 per month. Supplies on hand total $1,200. The equipment depreciates $300 per month. During March, services were performed for two-fifths of the unearned service revenue. Prepare...
Your answer is partially correct. The ledger of Metlock, Inc. on March 31, 2022, includes the following selected accounts before adjusting entries. Credit Supplies Prepaid Insurance Equipment Unearned Service Revenue Debit 4,490 2.560 36,000 11,000 An analysis of the accounts shows the following. Insurance expires at the rate of $320 per month Supplies on hand total $900. The equipment depreciates $240 per month. During March, services were performed for two-fifths of the unearned service revenue. 1 2 3. 4 Prepare...
Current Attempt in Progress The ledger of Monty Corp. on March 31, 2022, includes the following selected accounts before adjusting entries. Credit Prepaid Insurance Supplies Equipment Unearned Service Revenue Debit 3.120 3,250 39,000 11.700 An analysis of the accounts shows the following 1. 2 Insurance expires at the rate of $390 per month. Supplies on hand total $1,430. The equipment depreciates at $650 per month During March, services were performed for two-hifths of the unearned service revenue. 3. Prepare the...
The ledger of Monty Corp.on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Debit Credit Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $3,760 3,960 25,500 $7,650 20,000 11,600 61,200 0 14,000 An analysis of the accounts shows the following. 1. The equipment depreciates $ 400 per month 2. Half of the unearned rent revenue was earned during the quarter....
Supplies Prepaid Insurance Equipment Unearned Service Revenue 2.640 25,500 An analysis of the accounts shows the following. 1. Insurance expires at the rate of $330 per month 2. Supplies on hand total $955. 3. The equipment depreciates $170 per month 4 During March, services were performed for two-fifths of the unearned service revenue Prepare the adjusting entries for the month of March ( no entry is required, select 'No Entry for the account titles and enter for the amounts Credit...
S The ledger of Lafayette, SA on March cludes the following selected accounts before adjusting entries. Debit Credit 2,657 Prepaid Insurance Supplies Equipment Unearned Service Revenue 9,800 An analysis of the accounts shows the following. 1. Insurance expires at the rate of CHF2.0 per month. 2. Supplies on hand total CHF1,150. 3. The equipment depreciates CHF472 per month 4. During March, services were performed for two-fifths of the unearned service revenue. Prepare the adjusting entries for the month of March....
CALCULATOR PRINTER VERS Practice Do It! Review 01 The ledger of Skysong, Inc. on March 31, 2020, includes the following selected accounts before adjusting entries. Debit Credit Prepaid Insurance 2,500 Supplies 3,000 Equipment 31,500 Unearned Service Revenue 8,700 1. An analysis of the accounts shows the following. Insurance expires at the rate of $300 per month 2 Supplies on hand total $1,100. The equipment depreciates $600 per month During March, services were performed for two-fifths of the unearned service revenue....
The ledger of Splish Brothers Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Credit Debit $3,100 4,140 29,100 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $8,730 21,500 11,150 59,900 0 13,600 An analysis of the accounts shows the following. 1. 2. 3. The equipment depreciates $320 per month. Half of the unearned rent revenue was earned during...
The ledger of Metlock, Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Credit Debit $3,640 2,700 28,900 Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $8,670 18,100 11,250 61,500 0 14,200 An analysis of the accounts shows the following. 1. 2. 3. 4. The equipment depreciates $400 per month. Half of the unearned rent revenue was earned...
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