ZuoTi.Pro
Question

Instructions Chart of Accounts Journal Instructions Х After the accounts have been adjusted at December 31, the end of the fiChart of Accounts х CHART OF ACCOUNTS Pioneer Delivery Services Co. General Ledger ASSETS REVENUE 41 Fees Earned 11 Cash 12 AJournal x Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of acco

business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1
Date Description Debit Credit
Dec 31 Fees earned $1,324,000 -
Wages expense - $749,100
Rent expense - $68,800
Supplies expense - $14,600
Miscellaneous expense $7,350
Kerry Buckner, Capital $484,150
Dec 31 Kerry Buckner, Capital $42,500 -
Kerry Buckner, Drawings - $42,500
0 0
Add a comment
Know the answer?
Add Answer to:
Instructions Chart of Accounts Journal Instructions Х After the accounts have been adjusted at December 31,...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • After the accounts have been adjusted at December 31, the end of the fiscal year, the...

    After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Kerry Buckner, Capital $3,513,000 Kerry Buckner, Drawing 42,500 Fees Earned 1,324,000 Wages Expense 749,100 Rent Expense 68,800 Supplies Expense 14,600 Miscellaneous Expense 7,350 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles. CHART OF ACCOUNTS Pioneer Delivery Services Co....

  • Instructions After the accounts have been adjusted at December 31, the end of the fiscal year,...

    Instructions After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Kerry Buckner, Capital Kerry Buckner, Drawing Fees Earned Wages Expenso Rent Expense Supplies Expense Miscellaneous Expense $9,556,300 80,000 1,878,400 1,415,500 125,000 30,600 22,100 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles. CHART OF ACCOUNTS Pioneer Delivery Services...

  • journal after the accounts have been adjusted at December 31, the end of the fiscal year,...

    journal after the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co. Kerry Buckner, capital. 9,556,300 Kerry Buckner, drawing. 80,000 Fees earned 1,878,400 Wages expense. 1,415,500 Rent expense. 125,000 Supplies Expense 30,000 Miscellaneous expense. 22,100

  • After the accounts have been adjusted at January 31, the end of the year, the following...

    After the accounts have been adjusted at January 31, the end of the year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Harrison Taylor, Capital $352,150 Harrison Taylor, Drawing 14,640 Fees Earned 120,020 Wages Expense 41,510 Rent Expense 14,780 Supplies Expense 14,010 Miscellaneous Expense 1,900 Required: Journalize the entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles.

  •    After the accounts have been adjusted at January 31, the end of the year, the...

       After the accounts have been adjusted at January 31, the end of the year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Harrison Taylor, Capital $349,000 Harrison Taylor, Drawing 6,000 Fees Earned 124,600 Wages Expense 29,000 Rent Expense 43,000 Supplies Expense 7,300 Miscellaneous Expense 5,700 Required: Journalize the entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles. Can anyone please help solve this.

  • culator justing entries Instructions Journal Chart of Accounts HI Final Question Instructions On December 31, the...

    culator justing entries Instructions Journal Chart of Accounts HI Final Question Instructions On December 31, the following data were accumulated for preparing the adjusting entries for Bellingham Realty • The supplies account balance on December 31 is $5,210. The supplies on hand on December 31 are $1,135. The uneared rent account balance on December 31 is $5,600 representing the receipt of an advance payment on December 1 of four months rent from tenants. • Wages accrued but not paid at...

  • Transactions Instructions Chart of Accounts Journal Instructions Concrete Consulting Co. has the following accounts in its...

    Transactions Instructions Chart of Accounts Journal Instructions Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Jason Payne, Capital; Jason Payne, Drawing; Foes Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense. Transactions Oct 1 3 10 Paid rent for the month, $2,800. Paid advertising expense, $500. Paid cash for supplies, $1,300. Purchased office equipment on account, $9,500. Received cash from customers on account, $15,500. Paid creditors on account, $3,180. Paid...

  • Instructions Chart of Accounts Journal Final Question Instructions On March 31, the following data were accumulated...

    Instructions Chart of Accounts Journal Final Question Instructions On March 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Potomac Realty: • The supplies account balance on March 31 is $5,620, the supplies on hand on March 31 are $1,290. • The unearned rent account balance on March 31 is $5,000 representing the receipt of an advance payment on March 1 of four months' rent from tenants. • Wages accrued but not paid...

  • me now Calculator Journal entry for fees earned Instructions Chart of Accounts Journal Instructions X Prepare...

    me now Calculator Journal entry for fees earned Instructions Chart of Accounts Journal Instructions X Prepare a journal entry on April 30 for fees earned on account, $8,200. Refer to the Chart of Accounts for exact wording of account titles instructions Chart of Accounts Journal Instructions Chart of Accounts x Pr! ou of CHART OF ACCOUNTS General Ledger ASSETS REVENUE 11 Cash 41 Fees Earned 12 Accounts Receivable 42 Sales Commission 13 Supplies 14 Prepaid Rent 15 Land 16 Equipment...

  • Instructions At the accounts have been used December the end of the the following balance womewoon...

    Instructions At the accounts have been used December the end of the the following balance womewoon very nicesco Kerry BC Kombinewwing 3350 000 42.500 1.324.000 7100 JOURNAL Centro Wages Expense Rent Expense Supplies Expense Miscellaneous pense 14 500 Forse 14.00.00 7,350 Jornare the two entre required to close the accounts Refer to the Chart of Accounts for exact wording of account

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT