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MC Qu. 261 The Unadjusted Trial Balance columns of... The Unadjusted Trial Balance columns of a...
The following data are taken from the unadjusted trial balance of the Westcott Company at December...
The following data are taken from the unadjusted trial balance of the Westcott Company at December 31. Each account carries a normal balance. Set up a 10-column work sheet to answer the requirements. esclse. Preparing unadjusted and adjusted trial balances, including the adjustments P1 56 $ 6 Accounts Payable..... Accounts Receivable Accumulated Depreciation-Equip.. Cash Equipment Prepaid Insurance...... Revenue............. Salaries Expense....... Supplies W. Westcott, Capital .... 15 $18 75 18 24 42 W. Westcott, Withdrawals.. . Unearned Revenue .......... Utilities Expense...
The following data are taken from the unadjusted trial balance of the Westcott Company at December...
The following data are taken from the unadjusted trial balance
of the Westcott Company at December 31. Complete the work sheet
following adjustment. Complete the Adjusted Trial Balance columns
of the work sheet. (Enter their balances in the correct Debit or
Credit column of the Unadjusted Trial Balance columns.)
Use the following adjustment information to complete the
Adjustments columns of the work sheet.
Depreciation on equipment,
$9
Accrued salaries, $13
The $29 of unearned revenue has been earned
Supplies available...
1. & 2. 3. The following data are taken from the unadjusted trial balance of the...
1. & 2. 3. The following data are taken from the unadjusted trial balance of the Westcott Company at December 31. Complete the work sheet following adjustment Complete the Adjusted Trial Balance columns of the work sheet. (Enter their balances in the correct Debit or Credit column of the Unadjusted Trial Balance columns.) Use the following adjustment information to complete the Adjustments columns of the work sheet a. Depreciation on equipment, $11 b. Accrued salaries, $7 c. The $15 of...
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question....
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 23) On December 14, 2015, Kinsmen Company received 57,700 for consulting 23) services that will be performed in January 2016. Prepare a general journal entry to record the receipt. TRUE FALSE. Write T if the statement is true and F if the statement is false. 24) A work sheet is prepared before entering the adjustments in the accounts. 25) Closing entries are normally entered...
Build the unadjusted trial balance and adjustments columns from the given information and total the columns....
Build the unadjusted trial balance and adjustments columns from the given information and total the columns. Only input amounts for accounts with balances and do not enter zeros for blank cells. Accounts Payable 5.900 Accounts Receivable 19.600 SMART TOUCH LEARNING Worksheet December 31, 2016 Cash 27,900 Unadjusted Trial Balance Adjustments Common Stock 38,600 Account Names Debit Credit Debit Credit Dividends 5.400 Cash 27900 Furniture 4.400 Accounts Receivable 19600 Notes Payable 6.700 Office Supplies R800 Office Supplies 8.800 Prepaid Rent 12700...
Requirement 2. The accounts listed in the unadjusted trial balance, together with their unadjusted balances as...
Requirement 2. The accounts listed in the
unadjusted trial balance, together with their unadjusted balances
as of
December 31, 2018 have been opened for you in T-account form.
Post the adjusting entries to T-accounts using the adjustment
letters (a, b, c, etc.) as posting references. Determine the
ending balances for all T-accounts (including any that may not be
affected by any of the adjusting entries) on December 31,
2018.
Calculate each accounts balance and enter the balance, along
with a...
The November 30, 2018, unadjusted trial balance of Solid Systems is found in the Trial balance...
The November 30, 2018, unadjusted trial balance of Solid Systems is found in the Trial balance tab. Solid Systems had the following transactions and events in December 2018. Dec. 2 Paid $1,210 cash to Lakeside Mall for Solid Systems' share of mall advertising costs. Dec. 3 Paid $620 cash for minor repairs to the company's computer. Dec. 4 Received $7,300 cash from Kelley Engineering Co. for the receivable from November. Dec. 10 Paid cash to Mary Potter for six days...
The trial balance for December 31 pocal UncОЛ К. The trial balance for December 31, 20--...
The trial balance for December 31
pocal UncОЛ К. The trial balance for December 31, 20-- has been entered below on the partial work sheet for Camping Supply Center Required: 1. Complete the Adjustments columns using the following year-end adjustments information. Identify each adjustment with its corresponding letter. a./b. Based on a physical count, it was determined that merchandise inventory costing $21,700 is on hand as of December 31, 20-- c. Supplies remaining at the end of the year, $6,300....
The unadjusted trial balance of Bolton Consulting is entered on the partial worksheet below. Bolton Consulting...
The unadjusted trial balance of Bolton Consulting is entered on the partial worksheet below. Bolton Consulting Work Sheet For the year ended December 31 Account Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet and Statement of Stockholders’ Equity Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 31,000 Accounts Receivable 8,000 Supplies 12,500 Automobiles 175,000 Accum. Depr. - Autos 52,000 Accounts payable 17,500 Unearned fees 26,500 Salaries payable Capital Stock 58,000 Dividends 42,500 Fees earned...
MC Qu. 5-73 (Static) The unadjusted net income on the income... The unadjusted net income on...
MC Qu. 5-73 (Static) The unadjusted net income on the income... The unadjusted net income on the income statement was $23,760. After journalizing and posting the adjusting entries for the $1,620 of supplies used and $3,700 of depreciation on the company's equipment for the year, the adjusted net income is: Multiple Choice $18,440. $20,060. O $22,140
The following data are taken from the unadjusted trial balance of the Westcott Company at December 31. Each account carries a normal balance. Set up a 10-column work sheet to answer the requirements. esclse. Preparing unadjusted and adjusted trial balances, including the adjustments P1 56 $ 6 Accounts Payable..... Accounts Receivable Accumulated Depreciation-Equip.. Cash Equipment Prepaid Insurance...... Revenue............. Salaries Expense....... Supplies W. Westcott, Capital .... 15 $18 75 18 24 42 W. Westcott, Withdrawals.. . Unearned Revenue .......... Utilities Expense...
The following data are taken from the unadjusted trial balance
of the Westcott Company at December 31. Complete the work sheet
following adjustment. Complete the Adjusted Trial Balance columns
of the work sheet. (Enter their balances in the correct Debit or
Credit column of the Unadjusted Trial Balance columns.)
Use the following adjustment information to complete the
Adjustments columns of the work sheet.
Depreciation on equipment,
$9
Accrued salaries, $13
The $29 of unearned revenue has been earned
Supplies available...
1. & 2. 3. The following data are taken from the unadjusted trial balance of the Westcott Company at December 31. Complete the work sheet following adjustment Complete the Adjusted Trial Balance columns of the work sheet. (Enter their balances in the correct Debit or Credit column of the Unadjusted Trial Balance columns.) Use the following adjustment information to complete the Adjustments columns of the work sheet a. Depreciation on equipment, $11 b. Accrued salaries, $7 c. The $15 of...
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 23) On December 14, 2015, Kinsmen Company received 57,700 for consulting 23) services that will be performed in January 2016. Prepare a general journal entry to record the receipt. TRUE FALSE. Write T if the statement is true and F if the statement is false. 24) A work sheet is prepared before entering the adjustments in the accounts. 25) Closing entries are normally entered...
Build the unadjusted trial balance and adjustments columns from the given information and total the columns. Only input amounts for accounts with balances and do not enter zeros for blank cells. Accounts Payable 5.900 Accounts Receivable 19.600 SMART TOUCH LEARNING Worksheet December 31, 2016 Cash 27,900 Unadjusted Trial Balance Adjustments Common Stock 38,600 Account Names Debit Credit Debit Credit Dividends 5.400 Cash 27900 Furniture 4.400 Accounts Receivable 19600 Notes Payable 6.700 Office Supplies R800 Office Supplies 8.800 Prepaid Rent 12700...
Requirement 2. The accounts listed in the
unadjusted trial balance, together with their unadjusted balances
as of
December 31, 2018 have been opened for you in T-account form.
Post the adjusting entries to T-accounts using the adjustment
letters (a, b, c, etc.) as posting references. Determine the
ending balances for all T-accounts (including any that may not be
affected by any of the adjusting entries) on December 31,
2018.
Calculate each accounts balance and enter the balance, along
with a...
The November 30, 2018, unadjusted trial balance of Solid Systems is found in the Trial balance tab. Solid Systems had the following transactions and events in December 2018. Dec. 2 Paid $1,210 cash to Lakeside Mall for Solid Systems' share of mall advertising costs. Dec. 3 Paid $620 cash for minor repairs to the company's computer. Dec. 4 Received $7,300 cash from Kelley Engineering Co. for the receivable from November. Dec. 10 Paid cash to Mary Potter for six days...
The trial balance for December 31
pocal UncОЛ К. The trial balance for December 31, 20-- has been entered below on the partial work sheet for Camping Supply Center Required: 1. Complete the Adjustments columns using the following year-end adjustments information. Identify each adjustment with its corresponding letter. a./b. Based on a physical count, it was determined that merchandise inventory costing $21,700 is on hand as of December 31, 20-- c. Supplies remaining at the end of the year, $6,300....
MC Qu. 5-73 (Static) The unadjusted net income on the income... The unadjusted net income on the income statement was $23,760. After journalizing and posting the adjusting entries for the $1,620 of supplies used and $3,700 of depreciation on the company's equipment for the year, the adjusted net income is: Multiple Choice $18,440. $20,060. O $22,140
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