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The unadjusted trial balance as of December 31, 2018, for the Bagley Consulting Company appears below....
The unadjusted trial balance as of December 31, 2018, for the Bagley Consulting Company appears below....
The unadjusted trial balance as of December 31, 2018, for the Bagley Consulting Company appears below. December 31 is the company's fiscal year-end Account Title Debits Credits Cash Accounts receivable Prepaid insurance Land Buildings Accumulated depreciation-buildings Office equipment Accumulated depreciation-office equipment Accounts payable Salaries and wages payable Deferred rent revenue Common stock Retained earnings Sales revenue Interest revenue Rent revenue Salaries and wages expense Depreciation expense Insurance expense Utility expense Maintenance expense Totals 2,750 6,500 2,600 185,000 45,000 18,000 78,000...
The unadjusted trial balance as of December 31, 2021, for the Bagley Consulting Company appears below....
The unadjusted trial balance as of December 31, 2021, for the Bagley Consulting Company appears below. December 31 is the company’s reporting year-end. Account Title Debits Credits Cash 2,250 Accounts receivable 8,250 Prepaid insurance 3,400 Land 225,000 Buildings 65,000 Accumulated depreciation—buildings 26,000 Office equipment 99,000 Accumulated depreciation—office equipment 39,600 Accounts payable 29,550 Salaries payable 0 Deferred rent revenue 0 Common stock 240,000 Retained earnings 47,850 Service revenue 85,000 Interest revenue 4,600 Rent revenue 5,700 Salaries expense 34,000 Depreciation expense 0...
The unadjusted trial balance as of December 31, 2021, for the Bagley Consulting Company appears below....
The unadjusted trial balance as of December 31, 2021, for the Bagley Consulting Company appears below. December 31 is the company’s reporting year-end. Account Title Debits Credits Cash 7,650 Accounts receivable 7,750 Prepaid insurance 3,200 Land 215,000 Buildings 60,000 Accumulated depreciation—buildings 24,000 Office equipment 93,000 Accumulated depreciation—office equipment 37,200 Accounts payable 28,850 Salaries payable 0 Deferred rent revenue 0 Common stock 230,000 Retained earnings 46,950 Service revenue 82,000 Interest revenue 4,200 Rent revenue 5,100 Salaries expense 32,000 Depreciation expense 0...
Please do requirement 2,3,4,5 The unadjusted trial balance as of December 31, 2018, for the Bagley...
Please do requirement 2,3,4,5
The unadjusted trial balance as of December 31, 2018, for the Bagley Consulting Company appears below. December 31 is the company's fiscal year-end. Debits Credits Account Title Cash 10,200 9,500 3,800 245,000 75,000 Accounts receivable Prepaid insurance Land Buildings Accumulated depreciation-buildings Office equipment Accumulated depreciation-office equipment Accounts payable Salaries and wages payable Deferred re: 30,000 111,000 44,400 30,950 revenue 280,000 49,650 91,000 Common stock Retained earnings Sales revenue Interest revenue 5,400 Rent revenue 6,900 Salaries and...
The unadjusted trial balance as of December 31, 2021, for the Bagley Consulting Company appears below....
The unadjusted trial balance as of December 31, 2021, for the Bagley Consulting Company appears below. December 31 is the company's reporting year-end. Credits Debits 8,000 9,000 3,000 200,000 50,000 20,000 100,000 40,000 35,050 Account Title Cash Accounts receivable Prepaid insurance Land Buildings Accumulated depreciation-buildings Office equipment Accumulated depreciation-office equipment Accounts payable Salaries payable Deferred rent revenue Common stock Retained earnings Service revenue Interest revenue Rent revenue Salaries expense Depreciation expense Insurance expense Utilities expense Maintenance expense Totals 200,000 56,450...
The unadjusted trial balance of Peace Hill Inc. at December 31, 2017, is as follows: Additional...
The unadjusted trial balance of Peace Hill Inc. at December 31,
2017, is as follows:
Additional information:
1.
Actual advertising costs amounted to $1,350 per month. The
company has already paid for advertisements in Crizza
MMagazine for the first quarter of 2018.
2.
The building was purchased and occupied on January 1, 2015,
with an estimated useful life of 20 years, and residual value of
$31,800. (The company uses straight-line depreciation.)
3.
Prepaid insurance contains the premium costs of several...
The December 31, 2018, unadjusted trial balance for the Wolkstein Drug Company is presented below. December...
The December 31, 2018, unadjusted trial balance for the Wolkstein Drug Company is presented below. December 31 is the company’s fiscal year-end. Account TitleDebits Credits Cash70,910 Accounts receivable23,000 Prepaid rent2,800 Inventory35,000 Equipment66,000 Accumulated depreciation—equipment 19,800 Accounts payable 24,000 Salaries and wages payable 0 Common stock 100,000 Retained earnings 16,000 Sales revenue 373,000 Cost of goods sold223,800 Salaries and wages expense74,600 Rent expense16,800 Depreciation expense0 Utility expense14,920 Advertising expense4,970 Totals532,800 532,800 The following year-end adjusting entries are required: Depreciation expense for the year on the...
December 31. The unadjusted trial balance as of December 31, 2021, appears below. Credits Debits 31,600...
December 31. The unadjusted trial balance as of December 31, 2021, appears below. Credits Debits 31,600 41,000 2,000 61,000 21,000 2,400 6,500 84,000 31,500 32,000 51,000 Account Title Cash Accounts receivable Supplies Inventory Notes receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Common stock Retained earnings Dividends Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance...
Problem 2-9 (Algo) Accounting cycle; unadjusted trial balance through closing [LO2-4, 2-6, 2-8] The unadjusted trial...
Problem 2-9 (Algo) Accounting cycle; unadjusted trial balance through closing [LO2-4, 2-6, 2-8] The unadjusted trial balance as of December 31, 2021, for the Bagley Consulting Company appears below. December 31 is the company’s reporting year-end. Account Title Debits Credits Cash 15,050 Accounts receivable 6,750 Prepaid insurance 2,700 Land 190,000 Buildings 47,500 Accumulated depreciation—buildings 19,000 Office equipment 81,000 Accumulated depreciation—office equipment 32,400 Accounts payable 27,450 Salaries payable 0 Deferred rent revenue 0 Common stock 200,000 Retained earnings 45,150 Service revenue...
Presented below is an adjusted trial balance for Shawn Company, at December 31, 2018. Cash $...
Presented below is an adjusted
trial balance for Shawn Company, at December 31, 2018. Cash $ 7,700
Accounts payable $10,000 Accounts receivable 20,000 Notes payable
9,000 Prepaid insurance 15,000 Accumulated depreciation—Equipment
14,000 Equipment 35,000 Service revenue 29,000 Depreciation expense
7,000 Common stock 10,000 Dividends 1,500 Retained earnings 14,000
Advertising expense 1,400 Unearned service revenue 16,000 Rent
expense 800 Salaries and wages expense 12,000 Insurance expense
1,600 $102,000 $102,000
Question 5 Presented below is an adjusted trial balance for Shawn Company,...
The unadjusted trial balance as of December 31, 2018, for the Bagley Consulting Company appears below. December 31 is the company's fiscal year-end Account Title Debits Credits Cash Accounts receivable Prepaid insurance Land Buildings Accumulated depreciation-buildings Office equipment Accumulated depreciation-office equipment Accounts payable Salaries and wages payable Deferred rent revenue Common stock Retained earnings Sales revenue Interest revenue Rent revenue Salaries and wages expense Depreciation expense Insurance expense Utility expense Maintenance expense Totals 2,750 6,500 2,600 185,000 45,000 18,000 78,000...
Please do requirement 2,3,4,5
The unadjusted trial balance as of December 31, 2018, for the Bagley Consulting Company appears below. December 31 is the company's fiscal year-end. Debits Credits Account Title Cash 10,200 9,500 3,800 245,000 75,000 Accounts receivable Prepaid insurance Land Buildings Accumulated depreciation-buildings Office equipment Accumulated depreciation-office equipment Accounts payable Salaries and wages payable Deferred re: 30,000 111,000 44,400 30,950 revenue 280,000 49,650 91,000 Common stock Retained earnings Sales revenue Interest revenue 5,400 Rent revenue 6,900 Salaries and...
The unadjusted trial balance as of December 31, 2021, for the Bagley Consulting Company appears below. December 31 is the company's reporting year-end. Credits Debits 8,000 9,000 3,000 200,000 50,000 20,000 100,000 40,000 35,050 Account Title Cash Accounts receivable Prepaid insurance Land Buildings Accumulated depreciation-buildings Office equipment Accumulated depreciation-office equipment Accounts payable Salaries payable Deferred rent revenue Common stock Retained earnings Service revenue Interest revenue Rent revenue Salaries expense Depreciation expense Insurance expense Utilities expense Maintenance expense Totals 200,000 56,450...
The unadjusted trial balance of Peace Hill Inc. at December 31,
2017, is as follows:
Additional information:
1.
Actual advertising costs amounted to $1,350 per month. The
company has already paid for advertisements in Crizza
MMagazine for the first quarter of 2018.
2.
The building was purchased and occupied on January 1, 2015,
with an estimated useful life of 20 years, and residual value of
$31,800. (The company uses straight-line depreciation.)
3.
Prepaid insurance contains the premium costs of several...
December 31. The unadjusted trial balance as of December 31, 2021, appears below. Credits Debits 31,600 41,000 2,000 61,000 21,000 2,400 6,500 84,000 31,500 32,000 51,000 Account Title Cash Accounts receivable Supplies Inventory Notes receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Common stock Retained earnings Dividends Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance...
Presented below is an adjusted
trial balance for Shawn Company, at December 31, 2018. Cash $ 7,700
Accounts payable $10,000 Accounts receivable 20,000 Notes payable
9,000 Prepaid insurance 15,000 Accumulated depreciation—Equipment
14,000 Equipment 35,000 Service revenue 29,000 Depreciation expense
7,000 Common stock 10,000 Dividends 1,500 Retained earnings 14,000
Advertising expense 1,400 Unearned service revenue 16,000 Rent
expense 800 Salaries and wages expense 12,000 Insurance expense
1,600 $102,000 $102,000
Question 5 Presented below is an adjusted trial balance for Shawn Company,...
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