Homework Answers
Adjusting entry
| No | General Journal | Debit | Credit |
| a | Salaries and wages expense (7600/5*3) | 4560 | |
| Salaries and wages payable | 4560 | ||
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P3-33A (similar to) Question Help o Lindsey Landscaping has collected the following data for the December...
Laughter Landscaping has collected the following data for the December 31 adjusting entries: a. Each Friday,Laughter...
Laughter Landscaping has collected the following data for the December 31 adjusting entries: a. Each Friday,Laughter pays employees for the current week's work. The amount of the weekly payroll is $8,000 for a five-day workweek. This year December 31 falls on a Tuesday. Laughter will pay its employees on January 3. b. On January 1 of the current year,Laughter purchases an insurance policy that covers two years, $8,000. c. The beginning balance of Office Supplies was $4,300. During the year,...
Requirement 2. Joumare the subsequent journal entries for adjusting entries ad and g (Record debilis first...
Requirement 2. Joumare the subsequent journal entries for adjusting entries ad and g (Record debilis first the credits Select the explanation on the taste of the journal entry table) a. Each Friday, Lorring pays employees for the current week's work. The amount of the weekly payroll is $9.000 for a five-day workweek. This year December 31 fais on a Monday. Loning will pay its employees on January 4 Journalize the subsequent jumal entry that Lorring wil record on January 4...
Loring Landscaping has collected the following data for the December 31 adjusting entries (Click the icon...
Loring Landscaping has collected the following data for the December 31 adjusting entries (Click the icon to view the independent cases) Read the requirements Requirement 1. Journalize the adjusting entry needed on December 31 for each of the terms attecting Lorring Landscaping Assume ning records in the only at the end of the year card debts first, then credits Select the explanation on the lastne of the journal entry tale) a. Each Friday Loring pays employees for the current week's...
Laughton Landscaping has collected the following data for the December 31 adjusting entries Click the icon...
Laughton Landscaping has collected the following data for the December 31 adjusting entries Click the icon to view the independent cases) Read the ints Requirement 1. Journals the adjusting entry needed on December 31 for each of the tom fecting Laughton Landscaping Asune Laughton records justing entries only at the end of the yew (Records, then credits Select the explanation on the last line of the journal entry table) a. Each Friday, Laughton pays employees for the current week's work....
the beginning balance in the Unearned Revenue T-account and the additional unearned revenue in the Service...
the beginning balance in the Unearned Revenue T-account and the additional unearned revenue in the Service Revenue T-account. 3. Compare the ending balances of the T accounts under both approaches. Are they the same? > Problems Group A P3-33A Journalizing adjusting entries and subsequent journal entries Learning Object Laughter Landscaping has collected the following data for the December 31 adjusting entries: a. Each Friday, Laughter pays employees for the current week's work. The amount of the weekly payroll is $8,000...
wg that Modish records the cash receipt of unearned revenue by initially crediting a liability account....
wg that Modish records the cash receipt of unearned revenue by initially crediting a liability account. Post the adjusting entry the Unearned Revenue and Service Revenue T-accounts. Make sure to include she beginning balance and additional unearned revenue in the Unearned Revenue T-account. Record the adjusting entry assuming that Modish records the cash receipt of unearned revenue by initially crediting a revenue account. Post the adjusting entry to the Unearned Revenue and Service Revenue T-accounts. Make sure to include the...
Read the reguiements Requirement 1. Journalize the adjusting entry needed on December 31 for each of...
Read the reguiements Requirement 1. Journalize the adjusting entry needed on December 31 for each of the tems affecting Lindy Landscaping Assume Lindy records adjusting entries only at the end of the year (Record debits fst then credits Select the explanation on the last ine of the journal entry table) a. Each Friday, Lindy pays employees for the current week's work. The anmount of the weekly payrol is $9.000 for a five day workweek This year December 31 falls on...
Question Help On August 1, 2018, Salem Landscaping collected $18,000 in advance from customers for landscaping...
Question Help On August 1, 2018, Salem Landscaping collected $18,000 in advance from customers for landscaping services. The service revenue will be eamed monthly over the 12-month period ending July 31, 2019 Requirements 1. Journalize the entry on August 1 by using the altermative treatment of deferred revenues 2, Record the December 31, 2018 adjusting entry Requirement 1. Journalize the entry on August 1 by using the altemativo treatment of deferred revenues. (Record debils fest, then oredits. Seloct the explanation...
E3-23 (similar to) Question Help Consider the following situations for Takoma Park Welding Services: (Click the...
E3-23 (similar to) Question Help Consider the following situations for Takoma Park Welding Services: (Click the icon to view the situations.) Journalize the adjusting entry needed on December 31 for each situation. Use the letters to label the journal entries. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Depreciation for the current year includes Equipment, $2,500. 0 More Info Date Accounts and Explanation Debit Credit (a) Dec. 31 a. Depreciation...
S3-10 (book/static) Question Help Birch Park Senior Center has a weekly payroll of $12,500. December 31...
S3-10 (book/static) Question Help Birch Park Senior Center has a weekly payroll of $12,500. December 31 falls on Wednesday, and Birch Park Senior Center will pay its employees the following Monday (January 5) for the previous full week. Assume Birch Park Senior Center has a five-day workweek and has an unadjusted balance in Salaries Expense of $620,000. Read the requirements Requirement 1. Record the adjusting entry for accrued salaries on December 31. (Record debits first, then credits. Select the explanation...
Requirement 2. Joumare the subsequent journal entries for adjusting entries ad and g (Record debilis first the credits Select the explanation on the taste of the journal entry table) a. Each Friday, Lorring pays employees for the current week's work. The amount of the weekly payroll is $9.000 for a five-day workweek. This year December 31 fais on a Monday. Loning will pay its employees on January 4 Journalize the subsequent jumal entry that Lorring wil record on January 4...
Loring Landscaping has collected the following data for the December 31 adjusting entries (Click the icon to view the independent cases) Read the requirements Requirement 1. Journalize the adjusting entry needed on December 31 for each of the terms attecting Lorring Landscaping Assume ning records in the only at the end of the year card debts first, then credits Select the explanation on the lastne of the journal entry tale) a. Each Friday Loring pays employees for the current week's...
Laughton Landscaping has collected the following data for the December 31 adjusting entries Click the icon to view the independent cases) Read the ints Requirement 1. Journals the adjusting entry needed on December 31 for each of the tom fecting Laughton Landscaping Asune Laughton records justing entries only at the end of the yew (Records, then credits Select the explanation on the last line of the journal entry table) a. Each Friday, Laughton pays employees for the current week's work....
the beginning balance in the Unearned Revenue T-account and the additional unearned revenue in the Service Revenue T-account. 3. Compare the ending balances of the T accounts under both approaches. Are they the same? > Problems Group A P3-33A Journalizing adjusting entries and subsequent journal entries Learning Object Laughter Landscaping has collected the following data for the December 31 adjusting entries: a. Each Friday, Laughter pays employees for the current week's work. The amount of the weekly payroll is $8,000...
wg that Modish records the cash receipt of unearned revenue by initially crediting a liability account. Post the adjusting entry the Unearned Revenue and Service Revenue T-accounts. Make sure to include she beginning balance and additional unearned revenue in the Unearned Revenue T-account. Record the adjusting entry assuming that Modish records the cash receipt of unearned revenue by initially crediting a revenue account. Post the adjusting entry to the Unearned Revenue and Service Revenue T-accounts. Make sure to include the...
Read the reguiements Requirement 1. Journalize the adjusting entry needed on December 31 for each of the tems affecting Lindy Landscaping Assume Lindy records adjusting entries only at the end of the year (Record debits fst then credits Select the explanation on the last ine of the journal entry table) a. Each Friday, Lindy pays employees for the current week's work. The anmount of the weekly payrol is $9.000 for a five day workweek This year December 31 falls on...
Question Help On August 1, 2018, Salem Landscaping collected $18,000 in advance from customers for landscaping services. The service revenue will be eamed monthly over the 12-month period ending July 31, 2019 Requirements 1. Journalize the entry on August 1 by using the altermative treatment of deferred revenues 2, Record the December 31, 2018 adjusting entry Requirement 1. Journalize the entry on August 1 by using the altemativo treatment of deferred revenues. (Record debils fest, then oredits. Seloct the explanation...
E3-23 (similar to) Question Help Consider the following situations for Takoma Park Welding Services: (Click the icon to view the situations.) Journalize the adjusting entry needed on December 31 for each situation. Use the letters to label the journal entries. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Depreciation for the current year includes Equipment, $2,500. 0 More Info Date Accounts and Explanation Debit Credit (a) Dec. 31 a. Depreciation...
S3-10 (book/static) Question Help Birch Park Senior Center has a weekly payroll of $12,500. December 31 falls on Wednesday, and Birch Park Senior Center will pay its employees the following Monday (January 5) for the previous full week. Assume Birch Park Senior Center has a five-day workweek and has an unadjusted balance in Salaries Expense of $620,000. Read the requirements Requirement 1. Record the adjusting entry for accrued salaries on December 31. (Record debits first, then credits. Select the explanation...
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