Homework Answers
Answer-
| OROMOCTO CORPORATION | ||
| ADJUSTED TRAIL BALANCE | ||
| PARTICULARS | DEBIT | CREDIT |
| $ | $ | |
| Accounts payable | 13000 | |
| Accounts receivable | 28000 | |
| Accumulated depreciation- Equipment | 5400 | |
| Cash | 18000 | |
| Common shares | 10000 | |
| Depreciation expense | 4400 | |
| Dividend declared | 2000 | |
| Equipment | 23450 | |
| Fees earned | 89500 | |
| Income tax expense | 4800 | |
| Income tax payable | 4550 | |
| Insurance expense | 3500 | |
| Prepaid expense | 2500 | |
| Rent expense | 6000 | |
| Retained earnings | 21000 | |
| Salaries payable | 3000 | |
| Salaries expense | 46400 | |
| Supplies | 1000 | |
| Supplies expense | 4000 | |
| Utilities expense | 2400 | |
| Totals | 146450 | 146450 |
Add Answer to:
5,400 BE4-11 Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the...
Question 6 Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the...
Question 6 Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Depreciation expense Dividends declared Equipment Fees earned Income tax expense 13,340 Income tax payable 4,550 25,550 Insurance expense 3,170 2,410 6,930 6,390 Retained earnings 22,660 3,170 2,190 Salaries expense 46,600 1,270 89,110 Supplies expense 3,800 3,000 5,560 17,900 Rent expense Prepaid insurance 4,290 Salaries payable 22,790 Supplies...
Question 7 The Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at...
Question 7 The Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment 5,600 Prepaid insurance 2,600 Cash Common shares Depreciation expense Dividends declared Equipment Fees earned Income tax expense 12,600 Income tax payable 4,500 28,400 Insurance expense 3,500 5,900 6,580 Retained earnings 20,220 3,450 1,900 Salaries expense 45,050 300 91,700 Supplies expense 4,100 2,500 18,200 Rent expense 4,600 Salaries payable 22,800...
The Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end...
The Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2018: Accounts payable 13,700 Income tax payable 4,300 Accounts receivable 27,600 Insurance expense 3,300 Accumulated depreciation-equipment 5,600 Prepaid insurance 3,000 Cash 18,500 Rent expense 5,800 Common shares 6,730 Retained earnings 21,370 Depreciation expense 4,600 Salaries payable 2,550 Dividends declared 1,900 Salaries expense 44,350 Equipment 23,400 Supplies 400 Fees earned 89,600 Supplies expense 4,000 Income tax expense 4,700 Utilities...
Current Attempt in Progress The Oromocto Corporation reports the following adjusted account balances, shown in alphabetical...
Current Attempt in Progress The Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year. February 28, 2018 Accounts payable 13,700 Income tax payable 4,300 27,600 Insurance expense 3,300 Accounts receivable Accumulated depreciation equipment 5,600 Prepaid insurance 3,000 Cash 18,500 Rent expense 5,800 Common shares 6,730 Retained earnings 21,370 Depreciation expense 4,600 Salaries payable 2,550 Dividends declared 1,900 Salaries expense 44,350 Equipment 23,400 Supplies 400 4,000 Fees earned 89,600 Supplies expense...
Current Attempt in Progress Morrison Services Ltd. reports the following adjusted account balances, shown in alphabetical...
Current Attempt in Progress Morrison Services Ltd. reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, July 31, 2018: Accounts payable $2,880 Interest expense $1,410 Accounts receivable 19,925 Interest payable 1,320 Accumulated depreciation-equipment 5,715 Prepaid insurance 3,600 Bank loan payable, due 2021 24,700 Rent expense 17,690 Cash 7,490 Rent payable Retained earnings 1,210 Common shares 4,870 5,200 Depreciation expense 2,185 Salaries expense 19,140 Dividends declared 460 Salaries payable 2,150 Equipment 25,400 Service...
The unadjusted and adjusted trial balances for Tinker Corporation on December 31, 2015, are shown below:...
The unadjusted and adjusted trial balances for Tinker Corporation on December 31, 2015, are shown below: TINKER CORPORATION TRIAL BALANCES December 31, 2015 Unadjusted Adjusted Debit Credit Debit Credit Cash $ 35,200 $ 35,200 Accounts receivable 29,120 34,120 Unexpired insurance 1,200 600 Prepaid rent 5,400 3,600 Office supplies 680 380 Equipment 60,000 60,000 Accumulated depreciation: equipment $ 49,000 $ 50,000 Accounts payable 900 900 Notes payable 5,000 5,000 Interest payable 200 250 Salaries payable — 2,100 Income taxes payable 1,570...
ccounts from the adjusted trial balance at September 30, 2018, are listed in alphabetical order below...
ccounts from the adjusted trial balance at September 30, 2018,
are listed in alphabetical order below for Ozaki Corp.:
Accounts payable
$4,460
Income tax payable
$200
Accounts receivable
8,600
Interest expense
102
Accumulated depreciation—equipment
750
Interest payable
102
Bank loan payable
7,800
Rent expense
1,500
Cash
3,250
Retained earnings
1,965
Common shares
7,000
Salaries expense
13,040
Depreciation expense
750
Salaries payable
840
Dividends declared
700
Supplies
1,195
Equipment
15,040
Supplies expense
485
Fees earned
22,485
Unearned revenue
480
Income tax...
Problem w 1 ABC Company Adjusted Trial Balance Debit Credit $ 5,400 8,600 4,200 930 90,000...
Problem w 1 ABC Company Adjusted Trial Balance Debit Credit $ 5,400 8,600 4,200 930 90,000 Cash Accounts receivable Supplies Prepaid Insurance Office equipment Accumulated depreciation Accounts payable Uncarned subscription revenue Salaries Payable Common Stock Retained earnings Subscription Revenue Advertisement Revenue $ 13,000 16.100 10,000 3,500 51.000 23.220 188,300 49,700 Salaries expense Printing and mailing expense Rent expense Supplies expense Insurance expense Depreciation expense 140,230 85,600 4,800 6,100 1,860 5.500 1,600 Income tax expense Totals $354,820 5354,820 Required: Prepare an...
Following are the general ledger account balances, listed in alphabetical order Accounts payable Accounts receivable Accumulated...
Following are the general ledger account balances, listed in alphabetical order Accounts payable Accounts receivable Accumulated depreciation-equipment 3,700 Rent expense Cash Common shares Dividends declared Equipment s 3,000 Held for trading investments 5,600 400 900 11,720 3,700 6,020 160 4,000 Income tax expense 2,400 Retained earnings 9,100 Salaries expense 300 Service revenue 16,400 Unearned revenue Identify the normal balance of each account. Normal Balance Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Dividends declared Equipment Held for trading investments...
/s3-13 Preparing an adjusted trial balance Steve's Tax Services had the following accounts and account balances...
/s3-13 Preparing an adjusted trial balance Steve's Tax Services had the following accounts and account balances after adjusting entries. Assume all accounts have normal balances. $ ? 24,000 550 Cash Land Utilities Payable Accounts Payable Accumulated Depreciation-Equipment Service Revenue Supplies Expense Steve, Withdrawals 3,800 1,500 90,000 700 28,000 Equipment $ 25,000 Accounts Receivable 4,250 Office Supplies 900 Steve, Capital 18,600 Utilities Expense 1,550 Unearned Revenue 600 Depreciation Expense-Equipment 1,800 Salaries Expense 5,200 Prepare the adjusted trial balance for Steve's Tax...
Question 6 Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Depreciation expense Dividends declared Equipment Fees earned Income tax expense 13,340 Income tax payable 4,550 25,550 Insurance expense 3,170 2,410 6,930 6,390 Retained earnings 22,660 3,170 2,190 Salaries expense 46,600 1,270 89,110 Supplies expense 3,800 3,000 5,560 17,900 Rent expense Prepaid insurance 4,290 Salaries payable 22,790 Supplies...
Question 7 The Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment 5,600 Prepaid insurance 2,600 Cash Common shares Depreciation expense Dividends declared Equipment Fees earned Income tax expense 12,600 Income tax payable 4,500 28,400 Insurance expense 3,500 5,900 6,580 Retained earnings 20,220 3,450 1,900 Salaries expense 45,050 300 91,700 Supplies expense 4,100 2,500 18,200 Rent expense 4,600 Salaries payable 22,800...
The Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2018: Accounts payable 13,700 Income tax payable 4,300 Accounts receivable 27,600 Insurance expense 3,300 Accumulated depreciation-equipment 5,600 Prepaid insurance 3,000 Cash 18,500 Rent expense 5,800 Common shares 6,730 Retained earnings 21,370 Depreciation expense 4,600 Salaries payable 2,550 Dividends declared 1,900 Salaries expense 44,350 Equipment 23,400 Supplies 400 Fees earned 89,600 Supplies expense 4,000 Income tax expense 4,700 Utilities...
Current Attempt in Progress The Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year. February 28, 2018 Accounts payable 13,700 Income tax payable 4,300 27,600 Insurance expense 3,300 Accounts receivable Accumulated depreciation equipment 5,600 Prepaid insurance 3,000 Cash 18,500 Rent expense 5,800 Common shares 6,730 Retained earnings 21,370 Depreciation expense 4,600 Salaries payable 2,550 Dividends declared 1,900 Salaries expense 44,350 Equipment 23,400 Supplies 400 4,000 Fees earned 89,600 Supplies expense...
Current Attempt in Progress Morrison Services Ltd. reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, July 31, 2018: Accounts payable $2,880 Interest expense $1,410 Accounts receivable 19,925 Interest payable 1,320 Accumulated depreciation-equipment 5,715 Prepaid insurance 3,600 Bank loan payable, due 2021 24,700 Rent expense 17,690 Cash 7,490 Rent payable Retained earnings 1,210 Common shares 4,870 5,200 Depreciation expense 2,185 Salaries expense 19,140 Dividends declared 460 Salaries payable 2,150 Equipment 25,400 Service...
ccounts from the adjusted trial balance at September 30, 2018,
are listed in alphabetical order below for Ozaki Corp.:
Accounts payable
$4,460
Income tax payable
$200
Accounts receivable
8,600
Interest expense
102
Accumulated depreciation—equipment
750
Interest payable
102
Bank loan payable
7,800
Rent expense
1,500
Cash
3,250
Retained earnings
1,965
Common shares
7,000
Salaries expense
13,040
Depreciation expense
750
Salaries payable
840
Dividends declared
700
Supplies
1,195
Equipment
15,040
Supplies expense
485
Fees earned
22,485
Unearned revenue
480
Income tax...
Problem w 1 ABC Company Adjusted Trial Balance Debit Credit $ 5,400 8,600 4,200 930 90,000 Cash Accounts receivable Supplies Prepaid Insurance Office equipment Accumulated depreciation Accounts payable Uncarned subscription revenue Salaries Payable Common Stock Retained earnings Subscription Revenue Advertisement Revenue $ 13,000 16.100 10,000 3,500 51.000 23.220 188,300 49,700 Salaries expense Printing and mailing expense Rent expense Supplies expense Insurance expense Depreciation expense 140,230 85,600 4,800 6,100 1,860 5.500 1,600 Income tax expense Totals $354,820 5354,820 Required: Prepare an...
Following are the general ledger account balances, listed in alphabetical order Accounts payable Accounts receivable Accumulated depreciation-equipment 3,700 Rent expense Cash Common shares Dividends declared Equipment s 3,000 Held for trading investments 5,600 400 900 11,720 3,700 6,020 160 4,000 Income tax expense 2,400 Retained earnings 9,100 Salaries expense 300 Service revenue 16,400 Unearned revenue Identify the normal balance of each account. Normal Balance Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Dividends declared Equipment Held for trading investments...
/s3-13 Preparing an adjusted trial balance Steve's Tax Services had the following accounts and account balances after adjusting entries. Assume all accounts have normal balances. $ ? 24,000 550 Cash Land Utilities Payable Accounts Payable Accumulated Depreciation-Equipment Service Revenue Supplies Expense Steve, Withdrawals 3,800 1,500 90,000 700 28,000 Equipment $ 25,000 Accounts Receivable 4,250 Office Supplies 900 Steve, Capital 18,600 Utilities Expense 1,550 Unearned Revenue 600 Depreciation Expense-Equipment 1,800 Salaries Expense 5,200 Prepare the adjusted trial balance for Steve's Tax...
Most questions answered within 3 hours.
-
The phylum Protista has often been referred to as a junk drawer
of classification. Explain what...
asked 17 seconds from now -
The average amount of money spent for lunch per person in the
college cafeteria is $7.09...
asked 1 minute ago -
You follow the lab procedure and at the end of Part 4C, you used
an average...
asked 20 minutes ago -
Write 250-450 words, about the following: • Analyze how a
servant leader in your organization or...
asked 24 minutes ago -
3. American and Japanese workers can each produce 4 cars a
year. An American worker can...
asked 27 minutes ago -
On October 1, 20X1, a company purchased a piece of land by
agreeing to pay the...
asked 39 minutes ago -
Jamie is doing a survey at her school about whether the students
feel the cafeteria food...
asked 44 minutes ago -
What are the roles of 3' and 5' untranslated regions in
mRNAs?
asked 45 minutes ago -
A domestic television receives antenna delivers a sky noise
power of -105 dBm to a matched...
asked 44 minutes ago -
What do you think are the chemical reactions involved in the
breathalyzer tests administered to potentially...
asked 59 minutes ago -
A random sample of 120 observations produces a mean of
38.2 from a population with a...
asked 1 hour ago -
The average area of land burned by forest fires every year in
Canada is 2.5 million...
asked 1 hour ago