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The adjusted trial balance for the Reubens Company at the end of its fiscal year is...
At the end of its fiscal year, the adjusted trial balance of Pharoah Company is as...
At the end of its fiscal year, the adjusted trial balance of Pharoah Company is as follows: PHAROAH COMPANY Adjusted Trial Balance July 31, 2021 Debit Credit Cash $5,410 Accounts receivable 11,490 Prepaid rent 8,500 Supplies 750 Equipment 19,950 Accumulated depreciation—equipment $5,700 Patents 18,300 Accounts payable 4,295 Interest payable 750 Unearned revenue 2,050 Notes payable (due on July 1, 2023) 46,000 B. Pharoah, capital 28,285 B. Pharoah drawings 16,500 Service revenue 74,900 Interest revenue 320 Depreciation expense 2,850 Interest expense...
33) Using the adjusted trial balance below write the four closing entries necessary to prepare accounts...
33) Using the adjusted trial balance below write the four closing entries necessary to prepare accounts for the beginning of the next accounting period. DODSON CONTAINERS Adjusted Trial Balance December 31 $ 3,050 400 830 80 4,200 $ 1,100 98,000 28,000 115,000 880 1,400 2,200 Cash.... Accounts receivable.......... Prepaid insurance Office supplies ........... Office equipment Accumulated depreciation office equipment ... Buildings.. Accumulated depreciation—buildings.......... Land Wages Payable.............. Property taxes payable... Interest payable............. Unearned rent........... Long-term notes payable........... Common stock ........... •...
View Policies Current Attempt in Progress Selected year-end account balances from the adjusted trial balance as...
View Policies Current Attempt in Progress Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Flint Corporation is provided below. Debit Credit Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation Equipment Unearned Rent Revenue Service Revenue $90,020 32,610 16,370 263,870 112,960 $65,720 142,350 28,400 227,910 7,690 Rent Revenue 4,460 Rent Expense Retained Earnings Supplies Expense 76,630 1,740 Date Account Titles and Explanation Debit Credit Dec. 31 (To close...
33) Using the adjusted trial balance below. write the four closing entries necessary to prepare the...
33) Using the adjusted trial balance below. write the four closing entries necessary to prepare the accounts for the beginning of the next accounting period. DODSON CONTAINERS Adjusted Trial Balance December 31 $ 3,050 400 830 80 4,200 $ 1,100 98,000 28,000 115,000 Cash. Accounts receivable.................. Prepaid insurance ................ Office supplies................... Office equipment... Accumulated depreciation office equipment Buildings... wwwww Accumulated depreciation-buildings..... Land ........ Wages Payable........... Property taxes payable........ Interest payable... Unearned rent......... Long-term notes payable... Common stock Retained earnings ........
Martinez Company had the following adjusted trial balance. Martinez Company Adjusted Trial Balance For the Month...
Martinez Company had the following adjusted trial balance. Martinez Company Adjusted Trial Balance For the Month Ended June 30, 2022 Adjusted Trial Balance Account Titles Debit Credit Cash $3,880 Accounts Receivable 3,910 400 $1,950 140 2,950 2,000 Supplies Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Miscellaneous Expense Supplies Expense Salaries and Wages Payable 780 5,000 1.350 270 1.900 450 $12.490 $12,490 (a) Prepare closing entries at June 30, 2022. (Credit account...
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Marigold...
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Marigold Corp. is provided below. Credit Debit $55,180 19,990 10,030 161,730 69,240 Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense $40,280 87,250 17,400 139,690 4,710 2,740 46,970 1,060 Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in the...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year....
Catena's Marketing Company has the following adjusted trial
balance at the end of the current year. Cash dividends of $630 were
declared at the end of the year, and 550 additional shares of
common stock ($0.10 par value per share) were issued at the end of
the year for $2,930 in cash (for a total at the end of the year of
850 shares). These effects are included below:
Catena’s Marketing Company
Adjusted Trial Balance
End of the Current Year...
33) Using the adjusted trial balance below. write the four closing entries nec accounts for the...
33) Using the adjusted trial balance below. write the four closing entries nec accounts for the beginning of the next accounting period. tries necessary to prepare the $ 3,050 400 830 80 4,200 $ 1,100 98,000 28,000 115,000 DODSON CONTAINERS Adjusted Trial Balance December 31 Cash... Accounts receivable.. Prepaid insurance ...... Office supplies ............. Office equipment ...... Accumulated depreciation office equipment.. Buildings. Accumulated depreciation-buildings. Land ......... -Wages Payable....... ---Property taxes payable... Interest payable.... Unearned rent. -Long-term notes payable. Common stock...
Laker Incorporated's fiscal year-end is December 31, 2021. The following is an adjusted trial balance as...
Laker Incorporated's fiscal year-end is December 31, 2021. The following is an adjusted trial balance as of December 31. Credit Debit $ 10,400 31,000 22,000 $ Accounts Cash Supplies Prepaid Rent Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Advertising Expense Rent Expense Utilities Expense Totals 1,400 14,000 32,000 7,400 2,400 55,600 18,400 11,400 8,400 6,400 $110,400 $110,400 Required: 1. Prepare the necessary closing entries. (If no entry is required for a particular transaction/event, select...
Question 3 (10%) The adjusted trial balance shown below is for Big Company at the end...
Question 3 (10%) The adjusted trial balance shown below is for Big Company at the end of its fiscal year. BIG COMPANY Trial Balance March 31, 2017 ebit 12,900 9,400 700 Cash Accounts Receivable Supplies Prepaid Insurance. Equipment Accumulated Depreciation-Equipment. Accounts Payable Salaries and Wages Payable.... Unearned Rent Revenue Common Stock 2,500 16,000 $ 4,800 5,800 1,100 600 15,000 5,600 Retained Earnings. Dividends.. Service Revenue Rent Revenue 34,600 14,400 Salaries and Wages Expense Supplies Expense Rent Expense.. 18,100 1,800 12,000...
33) Using the adjusted trial balance below write the four closing entries necessary to prepare accounts for the beginning of the next accounting period. DODSON CONTAINERS Adjusted Trial Balance December 31 $ 3,050 400 830 80 4,200 $ 1,100 98,000 28,000 115,000 880 1,400 2,200 Cash.... Accounts receivable.......... Prepaid insurance Office supplies ........... Office equipment Accumulated depreciation office equipment ... Buildings.. Accumulated depreciation—buildings.......... Land Wages Payable.............. Property taxes payable... Interest payable............. Unearned rent........... Long-term notes payable........... Common stock ........... •...
View Policies Current Attempt in Progress Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Flint Corporation is provided below. Debit Credit Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation Equipment Unearned Rent Revenue Service Revenue $90,020 32,610 16,370 263,870 112,960 $65,720 142,350 28,400 227,910 7,690 Rent Revenue 4,460 Rent Expense Retained Earnings Supplies Expense 76,630 1,740 Date Account Titles and Explanation Debit Credit Dec. 31 (To close...
33) Using the adjusted trial balance below. write the four closing entries necessary to prepare the accounts for the beginning of the next accounting period. DODSON CONTAINERS Adjusted Trial Balance December 31 $ 3,050 400 830 80 4,200 $ 1,100 98,000 28,000 115,000 Cash. Accounts receivable.................. Prepaid insurance ................ Office supplies................... Office equipment... Accumulated depreciation office equipment Buildings... wwwww Accumulated depreciation-buildings..... Land ........ Wages Payable........... Property taxes payable........ Interest payable... Unearned rent......... Long-term notes payable... Common stock Retained earnings ........
Martinez Company had the following adjusted trial balance. Martinez Company Adjusted Trial Balance For the Month Ended June 30, 2022 Adjusted Trial Balance Account Titles Debit Credit Cash $3,880 Accounts Receivable 3,910 400 $1,950 140 2,950 2,000 Supplies Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Miscellaneous Expense Supplies Expense Salaries and Wages Payable 780 5,000 1.350 270 1.900 450 $12.490 $12,490 (a) Prepare closing entries at June 30, 2022. (Credit account...
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Marigold Corp. is provided below. Credit Debit $55,180 19,990 10,030 161,730 69,240 Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense $40,280 87,250 17,400 139,690 4,710 2,740 46,970 1,060 Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in the...
Catena's Marketing Company has the following adjusted trial
balance at the end of the current year. Cash dividends of $630 were
declared at the end of the year, and 550 additional shares of
common stock ($0.10 par value per share) were issued at the end of
the year for $2,930 in cash (for a total at the end of the year of
850 shares). These effects are included below:
Catena’s Marketing Company
Adjusted Trial Balance
End of the Current Year...
33) Using the adjusted trial balance below. write the four closing entries nec accounts for the beginning of the next accounting period. tries necessary to prepare the $ 3,050 400 830 80 4,200 $ 1,100 98,000 28,000 115,000 DODSON CONTAINERS Adjusted Trial Balance December 31 Cash... Accounts receivable.. Prepaid insurance ...... Office supplies ............. Office equipment ...... Accumulated depreciation office equipment.. Buildings. Accumulated depreciation-buildings. Land ......... -Wages Payable....... ---Property taxes payable... Interest payable.... Unearned rent. -Long-term notes payable. Common stock...
Laker Incorporated's fiscal year-end is December 31, 2021. The following is an adjusted trial balance as of December 31. Credit Debit $ 10,400 31,000 22,000 $ Accounts Cash Supplies Prepaid Rent Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Advertising Expense Rent Expense Utilities Expense Totals 1,400 14,000 32,000 7,400 2,400 55,600 18,400 11,400 8,400 6,400 $110,400 $110,400 Required: 1. Prepare the necessary closing entries. (If no entry is required for a particular transaction/event, select...
Question 3 (10%) The adjusted trial balance shown below is for Big Company at the end of its fiscal year. BIG COMPANY Trial Balance March 31, 2017 ebit 12,900 9,400 700 Cash Accounts Receivable Supplies Prepaid Insurance. Equipment Accumulated Depreciation-Equipment. Accounts Payable Salaries and Wages Payable.... Unearned Rent Revenue Common Stock 2,500 16,000 $ 4,800 5,800 1,100 600 15,000 5,600 Retained Earnings. Dividends.. Service Revenue Rent Revenue 34,600 14,400 Salaries and Wages Expense Supplies Expense Rent Expense.. 18,100 1,800 12,000...
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