PIPERS PLUMMING | ||
Unadjusted Trial Balance | ||
December. 31, 2021 | ||
Accounts | Debit | Credit |
Cash | $ 46,000 | $ - |
Accounts Receivable | $ 21,000 | $ - |
Supplies | $ 3,000 | $ - |
Equipment | $ 26,000 | $ - |
Accumulated Depreication | $ - | $ 6,000 |
Accounts Payable | $ - | $ 4,000 |
Utilities Payable | $ - | $ 5,000 |
Deferred Revenue | $ - | $ 8,000 |
Common stock | $ - | $ 28,000 |
Retained Earnings | $ - | $ 9,000 |
Dividend | $ 2,000 | $ - |
Service Revenue | $ - | $ 75,000 |
Salaries Expense | $ 32,000 | $ - |
Utility Expense | $ 5,000 | $ - |
Supplies Expense | $ - | $ - |
Depreciation Expense | $ - | $ - |
Totals | $ 135,000 | $ 135,000 |
Working:
PIPERS PLUMMING | ||
Unadjusted Trial Balance | ||
December. 31, 2021 | ||
Accounts | Debit | Credit |
Cash | $ 46,000 | $ - |
Accounts Receivable | 9000+60000-48000 | $ - |
Supplies | $ 3,000 | $ - |
Equipment | 26000 | $ - |
Accumulated Depreication | $ - | $ 6,000 |
Accounts Payable | $ - | $ 4,000 |
Utilities Payable | $ - | $ 5,000 |
Deferred Revenue | $ - | $ 8,000 |
Common stock | $ - | 18000+10000 |
Retained Earnings | $ - | $ 9,000 |
Dividend | $ 2,000 | $ - |
Service Revenue | $ - | 15000+60000 |
Salaries Expense | $ 32,000 | $ - |
Utility Expense | $ 5,000 | $ - |
Supplies Expense | $ - | $ - |
Depreciation Expense | $ - | $ - |
Totals | $ 135,000 | $ 135,000 |
Help Problem 3-8B Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) (The following information...
Required information Problem 3-8B Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) [The following information applies to the questions displayed below.] The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Credits Debits $ 4,000 9,000 3,000 26,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 6,000 4,000 5,000 0 18,000 9,000 $ 42,000 $ 42,000 The following is a summary...
Ime Saved Help Required Information Problem 3-8B Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) [The following information applies to the questions displayed below.) The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Credits Debits $ 4,000 9,000 3,000 26,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 6,000 4,000 5,000 D 18,000 9,000 $42,000 $42,000 The following is a...
Ime Saved Help Required Information Problem 3-8B Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) [The following information applies to the questions displayed below.) The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Credits Debits $ 4,000 9,000 3,000 26,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 6,000 4,000 5,000 0 18,000 9,000 $42,000 $42,000 The following is a...
Complete the full accounting cycle Required information Problem 3-8B Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) [The following information applies to the questions displayed below.) The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Credits Accounts Debits Cash $ 3,700 Accounts 8,700 Receivable Supplies 2,700 Equipment 20,000 Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 35,100 $ 4,800 2,800 3,800 0 15,000 8,700 $35, 100...
ork (Algo) 0 Saved Help Problem 3-8B Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) [The following information applies to the questions displayed below.) The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances Credits Debits $ 4,100 9,100 3,100 28,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 6,400 4,400 5,400 19,000 9,100 $44,300 $44,300 The following is a summary...
Required information Problem 3-8B Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) [The following information applies to the questions displayed below.) The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Debits Credits $ 3,750 8,750 2,750 21,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 5,000 3,000 4,000 0 15,500 8,750 $36, 250 $36,250 The following is a summary of...
Problem 3-8B Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) The following information applies to the questions displayed below.) The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Credits Debits $ 3,500 8,500 2,500 16,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 4,000 2,000 3,000 13,000 8,500 $30,500 $30,500 The following is a summary of the transactions for the...
Please show/explain how answer is found. Required information Problem 3-8B Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) The following information applies to the questions displayed below.) The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Credits Debits $ 4,350 9,350 3,350 33,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 7,400 5,400 6,400 21,500 9,350 $50,050 $50,050 The following...
Help with Post-Closing Trial Balance sheet Required information (The following information applies to the questions displayed below.) The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Accounts Debits Credits Cash $ 4,000 Accounts Receivable 9,000 Supplies 3,000 Equipment 26,000 Accumulated Depreciation $ 6,000 Accounts Payable 4,000 Utilities Payable 5,000 Deferred Revenue 0 Common Stock 18,000 Retained Earnings 9,000 Totals $ 42,000 $42,000 The following is a summary of the transactions for the year. es...
The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Credits Debits $ 4,000 9,000 3,000 26,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 6,000 4,000 5,000 0 18,000 9,000 $42,000 $42,000 The following is a summary of the transactions for the year: 1. January 24 Provide plumbing services for cash, $15,000, and on account, $60,000. 2. March 13 Collect on accounts...