Select the account name of the other account affected by the Office Supplies adjustment. Post the adjustment to the two accounts using a "Nov. 30" posting reference, and then calculate and enter the ending balance of the accounts using a "Bal." posting reference.
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Select the account name of the other account affected by the
Office Supplies adjustment. Post the...
Bob's Repairs Shop's Office supplies balance is $1,900 on November 1, and the balance in Office...
Bob's Repairs Shop's Office supplies balance is $1,900 on November 1, and the balance in Office suppies expense is SO. On November 30, 5350 of supplies are on hand Journalice and post the adjusting entry on November 30 for the supplies used Compute the balances of the two accounts invoved on November 30 de Post the adjusting entry to the T.accounts below, and then calculate the ending balances of the accounts (along with a "Bar posting reterence) on November 30....
S3-7 (similar to) Is Question Help On November 1, Cooper Equipment had a beginning balance in...
S3-7 (similar to) Is Question Help On November 1, Cooper Equipment had a beginning balance in the Office Supplies account of $300. During the month, Cooper purchased $1,100 of office supplies. At November 30, Cooper Equipment had $700 of office supplies on hand. Read the requirements. Requirement 1. The Office Supplies T-account has been opened for you. Enter the beginning balance and purchase of office supplies. (Use "Nov. 1" as a posting reference to enter the beginning balance and "Nov....
PURCHASES JOURNAL Page 16 Other Post. Accts. Payable Cleaning Supplies Post. Date Account Credited Accounts Amount...
PURCHASES JOURNAL Page 16 Other Post. Accts. Payable Cleaning Supplies Post. Date Account Credited Accounts Amount Ref. Ref. Cr. Dr. Dr. 2012 Mar. 4 Enviro-Wash Supplies Inc. 920 Mar. 15 Nicely Co. 400 Mar. 20 Office Mate Inc. 4,365 Office Equipment 4,365 Mar. 26 Enviro-Wash Supplies Inc. 530 530 Mar. 31 6,215 1,850 4,365 a. b. Post the transactions from the Sorchases journal to the creditor accounts and determine their ending balances Enviro Wash Supplies Inc. Mar. 4 31 Bal...
Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate...
Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted balance and use a Bal. post reference to show the ending balance of each account. Depreciation for the current year includes Equipment, $4,300. The Accumulated Depreciation - Equipment unadjusted balance as of December 31 is $7,700. Adjustment Type: AccrualDeferrals/Prepaids Depreciation Expense - Equipment Nov. 1Nov. 15Dec. 1Dec. 31 Nov. 1Nov. 15Dec. 1Dec. 31 Nov. 1Nov. 15Dec. 1Dec. 31 Nov. 1Nov. 15Dec. 1Dec....
At the beginning of the year, office supplies of $1,200 were on hand. During the year,...
At the beginning of the year, office supplies of $1,200 were on hand. During the year, Amble Air Conditioning Service paid $3,500 for more office supplies. At the end of the year, Amble has $900 of office supplies on hand. Read the requirements Requirement 1. Record the adjusting entry assuming that Amble records the purchase of office supplies by initially debiting an asset account. Post the adjusting entry to the Office Supplies and Supplies Expense T-accounts. Make sure to include...
1. Record the adjusting entry assuming that Derby records the purchase of office supplies by initially...
1. Record the adjusting entry assuming that Derby records the purchase of office supplies by initially debiting an asset account. Post the adjusting entry to the Office Supplies and Supplies Expense T-accounts. Make sure to include the beginning balance and purchase of office supplies in the Office Supplies T-account. 2. Record the adjusting entry assuming that Derby records the purchase of office supplies by initially debiting an expense account. Post the adjusting entry to the Office Supplies and Supplies Expense...
Post the transactions to the T-accounts. Use the transaction dates as posting references. Use a "Bal"...
Post the transactions to the T-accounts. Use the transaction dates as posting references. Use a "Bal" posting reference to show the ending balance of each account. For any accounts with a zero balance, select the "Bal" posting reference and enter a "0" on the normal side of the account. Review the journal entries you prepared above Cash Accounts Payable Service Revenue Salaries Payable Accounts Receivable Unearned Revenue Salaries Expense Office Supplies Common Stock Depreciation Expense Truck Prepaid Insurance Retained Earnings...
Thompson Travel borrowed $39,000 on September 1,2018, by signing a one- year note payatle to Stret...
Thompson Travel borrowed $39,000 on September 1,2018, by signing a one- year note payatle to Stret One Bank. Thompsont's inereste Question Hep on the note payable for the emainder of the cal year (September trough November) is 62 1. Record the adjusting entry to accrue interest expense a November 30, 20118 2. Post the adjusting entry to the T-accounts of the two accounts affected by the adjustment Requirement 1. Record the adjusting entry to accrue interest expense at November 30,...
At the beginning of the year, office supplies of $900 were on hand. During the year,...
At the beginning of the year, office supplies of $900 were on hand. During the year, Rocket Air Conditioning Service paid $2,000 for more office supplies. At the end of the year, Rocket has $800 of office supplies on hand. Read the requirements. Requirement 1. Record the adjusting entry assuming that Rocket records the purchase of office supplies by initially debiting an asset account. Post the adjusting entry to the Office Supplies and Supplies Expense T-accounts. Make sure to include...
Hector Smith Optical Dispensary completed the following transactions during the latter part of March: Purchased office...
Hector Smith Optical Dispensary completed the following transactions during the latter part of March: Purchased office supplies on account, $3,000 Mar. 15 Paid $1.500 on account 28 gE Read the requirements. Paid cash on account Requirement 2. The following T-accounts have been opened for you: Cash (Beginning Balance of $15,000), Office Supplies, and Accounts Payable. Post the jounal entries from Requirement 1 to the accounts, and compute the balance in each account. (Use a "Bal" posting reference on the proper...
Bob's Repairs Shop's Office supplies balance is $1,900 on November 1, and the balance in Office suppies expense is SO. On November 30, 5350 of supplies are on hand Journalice and post the adjusting entry on November 30 for the supplies used Compute the balances of the two accounts invoved on November 30 de Post the adjusting entry to the T.accounts below, and then calculate the ending balances of the accounts (along with a "Bar posting reterence) on November 30....
S3-7 (similar to) Is Question Help On November 1, Cooper Equipment had a beginning balance in the Office Supplies account of $300. During the month, Cooper purchased $1,100 of office supplies. At November 30, Cooper Equipment had $700 of office supplies on hand. Read the requirements. Requirement 1. The Office Supplies T-account has been opened for you. Enter the beginning balance and purchase of office supplies. (Use "Nov. 1" as a posting reference to enter the beginning balance and "Nov....
PURCHASES JOURNAL Page 16 Other Post. Accts. Payable Cleaning Supplies Post. Date Account Credited Accounts Amount Ref. Ref. Cr. Dr. Dr. 2012 Mar. 4 Enviro-Wash Supplies Inc. 920 Mar. 15 Nicely Co. 400 Mar. 20 Office Mate Inc. 4,365 Office Equipment 4,365 Mar. 26 Enviro-Wash Supplies Inc. 530 530 Mar. 31 6,215 1,850 4,365 a. b. Post the transactions from the Sorchases journal to the creditor accounts and determine their ending balances Enviro Wash Supplies Inc. Mar. 4 31 Bal...
At the beginning of the year, office supplies of $1,200 were on hand. During the year, Amble Air Conditioning Service paid $3,500 for more office supplies. At the end of the year, Amble has $900 of office supplies on hand. Read the requirements Requirement 1. Record the adjusting entry assuming that Amble records the purchase of office supplies by initially debiting an asset account. Post the adjusting entry to the Office Supplies and Supplies Expense T-accounts. Make sure to include...
1. Record the adjusting entry assuming that Derby records the purchase of office supplies by initially debiting an asset account. Post the adjusting entry to the Office Supplies and Supplies Expense T-accounts. Make sure to include the beginning balance and purchase of office supplies in the Office Supplies T-account. 2. Record the adjusting entry assuming that Derby records the purchase of office supplies by initially debiting an expense account. Post the adjusting entry to the Office Supplies and Supplies Expense...
Post the transactions to the T-accounts. Use the transaction dates as posting references. Use a "Bal" posting reference to show the ending balance of each account. For any accounts with a zero balance, select the "Bal" posting reference and enter a "0" on the normal side of the account. Review the journal entries you prepared above Cash Accounts Payable Service Revenue Salaries Payable Accounts Receivable Unearned Revenue Salaries Expense Office Supplies Common Stock Depreciation Expense Truck Prepaid Insurance Retained Earnings...
Thompson Travel borrowed $39,000 on September 1,2018, by signing a one- year note payatle to Stret One Bank. Thompsont's inereste Question Hep on the note payable for the emainder of the cal year (September trough November) is 62 1. Record the adjusting entry to accrue interest expense a November 30, 20118 2. Post the adjusting entry to the T-accounts of the two accounts affected by the adjustment Requirement 1. Record the adjusting entry to accrue interest expense at November 30,...
At the beginning of the year, office supplies of $900 were on hand. During the year, Rocket Air Conditioning Service paid $2,000 for more office supplies. At the end of the year, Rocket has $800 of office supplies on hand. Read the requirements. Requirement 1. Record the adjusting entry assuming that Rocket records the purchase of office supplies by initially debiting an asset account. Post the adjusting entry to the Office Supplies and Supplies Expense T-accounts. Make sure to include...
Hector Smith Optical Dispensary completed the following transactions during the latter part of March: Purchased office supplies on account, $3,000 Mar. 15 Paid $1.500 on account 28 gE Read the requirements. Paid cash on account Requirement 2. The following T-accounts have been opened for you: Cash (Beginning Balance of $15,000), Office Supplies, and Accounts Payable. Post the jounal entries from Requirement 1 to the accounts, and compute the balance in each account. (Use a "Bal" posting reference on the proper...
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