Homework Answers
| MACRO COMPANY | ||
| Adjusted Trial Balance | ||
| At June 30 | ||
| Accounts Titles | Debit | Credit |
| Cash | 950 | |
| Accounts receivable | 480 | |
| Supplies | 640 | |
| Prepaid rent | 30 | |
| Software | 165 | |
| Equipment | 1,330 | |
| Accumulated depreciation - Equipment | 180 | |
| Accumulated amortization | 115 | |
| Accounts payable | 230 | |
| Income tax payable | 20 | |
| Unearned revenue | 65 | |
| Note payable (long - term) | 1,230 | |
| Common stock | 230 | |
| Retained earnings | 85 | |
| Sales revenue | 3,365 | |
| Interest revenue | 40 | |
| Interest expense | 145 | |
| Office expense | 750 | |
| Salaries and wages expense | 590 | |
| Rent expense | 330 | |
| Depreciation expense | 75 | |
| Income tax expense | 75 | |
| Totals | $ 5,560 | $ 5,560 |
Kindly comment if you need further assistance. Thanks
Add Answer to:
Macro Company has the following adjusted accounts and balances at June 30: $ 230 480 115...
Macro Company has the following adjusted accounts and balances at June 30: Macro Company has the...
Macro Company has the following
adjusted accounts and balances at June 30:
Macro Company has the following adjusted accounts and balances at June 30: Accounts Payable Accounts Receivable Accumulated Amortization Accumulated Depreciation Cash Common Stock Deferred Revenue Depreciation Expense Equipment Income Tax Expense Income Tax Payable Interest Expense Interest Revenue Notes Payable (long-term) Office Expenses Prepaid Rent Rent Expense Retained Earnings Salaries and Wages Expense Sales Revenue Software Supplies $ 240 490 120 190 960 240 70 80 1,340 80...
Macro Company has the following adjusted accounts and balances at June 302 $ 240 490 Book...
Macro Company has the following adjusted accounts and balances at June 302 $ 240 490 Book Print Terences 2401 1340 Accounts Payable Accounts Receivable Accumulated Amortization Accumulated Depreciation- Equipment Cash Common Stock Depreciation Expense Equipment Income Tax Expense Income Tax Payable Interest Expense Interest Revenue Notes Payable (long-term) Office Expenses Prepaid Rent Rent Expense Retained Earnings Salaries and Wages Expense Sales Revenue Software Sunnlies 80 40 150 60 1,240 760 50 340 90 600 3,380 170 650 Gram < Prev...
list of accounts Sandhill Company had the following adjusted trial balance. $3,840 Sandhill Company Adjusted Trial...
list of accounts
Sandhill Company had the following adjusted trial balance. $3,840 Sandhill Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash Accounts Receivable 4,070 Supplies 400 Accounts Payable $1,700 Unearned Service Revenue 190 Owner's Capital 3,900 Owner's Drawings Service Revenue 5,920 Salaries and Wages Expense 1,300 Miscellaneous Expense 200 Supplies Expense 1,930 Salaries and Wages Payable 540 $12,250 $12,250 510 Prepare closing entries at June 30, 2020. (Credit account...
The adjusted trial balance for Pl Detectives reported the following account balances: Accounts Receivable $590; Supplies...
The adjusted trial balance for Pl Detectives reported the following account balances: Accounts Receivable $590; Supplies $9,900; Prepaid Insurance $8,100; Equipment $32,500; Accumulated Depreciation $4,900; Accounts Payable $290; Deferred Revenue $5,900; Notes Payable $3,900; Common Stock $26,500; Retained Earnings $6,600; Dividends $3,900; Service Revenue $38,300; Salaries and Wages Expense $24,500; and Depreciation Expense $1,000. Prepare an adjusted trial balance as of December 31, and solve for its missing Cash balance. PIDETECTIVES Adjusted Trial Balance As of December 31 Debit Credit...
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 $590 were declared at the end of the year, and 650 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,800 in cash (for a total at the end of the year of 820 shares). These effects are included below: Credit Catena's Marketing Company Adjusted Trial Balance End of the Current...
ne accounts of Taylor Electronics Company are listed alone with their adjusted balances before closing for...
ne accounts of Taylor Electronics Company are listed alone with their adjusted balances before closing for the month ended June 30, 2019. Prepare the POST-CLOSE TRIAL BALANCE. Prepaid Expenses Inventory Note Payable, Long-Term Salary Payable Supplies Expense Utilities Expense Sales Revenue Rent Expense Supplies Unearned Sales Revenue $ 8,200 39,000 46,000 2,700 2,500 7,500 350,000 38,000 6,000 13.800 Accounts payable Accounts receivable Accumulated depreciation Taylor, Capital, June 1 Taylor, Owner Withdrawals Cash Cost of Goods Sold Equipment Salaries Expense Notes...
. The trial balance of Ozmet Industries contained the following accounts at June 30, the end...
. The trial balance of Ozmet Industries contained the following accounts at June 30, the end of the company’s fiscal year: Debit Credit Cash $ 6,800 Accounts Receivable 49,800 Inventory 56,950 Supplies 5,600 Equipment 62,000 Accumulated Depreciation—Equipment $ 20,000 Notes Payable 41,000 Accounts Payable 32,500 Common Stock 1,000 Retained Earnings 61,700 Sales Revenue 506,800 Sales Returns and Allowances...
ccounts from the adjusted trial balance at September 30, 2018, are listed in alphabetical order below...
ccounts from the adjusted trial balance at September 30, 2018,
are listed in alphabetical order below for Ozaki Corp.:
Accounts payable
$4,460
Income tax payable
$200
Accounts receivable
8,600
Interest expense
102
Accumulated depreciation—equipment
750
Interest payable
102
Bank loan payable
7,800
Rent expense
1,500
Cash
3,250
Retained earnings
1,965
Common shares
7,000
Salaries expense
13,040
Depreciation expense
750
Salaries payable
840
Dividends declared
700
Supplies
1,195
Equipment
15,040
Supplies expense
485
Fees earned
22,485
Unearned revenue
480
Income tax...
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 $590 were declared at the end of the year, and 610 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,440 in cash (for a total at the end of the year of 840 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year...
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 $600 were
declared at the end of the year, and 640 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
830 shares). These effects are included below:
Prepare the closing entry at the end of the current
year....
Macro Company has the following
adjusted accounts and balances at June 30:
Macro Company has the following adjusted accounts and balances at June 30: Accounts Payable Accounts Receivable Accumulated Amortization Accumulated Depreciation Cash Common Stock Deferred Revenue Depreciation Expense Equipment Income Tax Expense Income Tax Payable Interest Expense Interest Revenue Notes Payable (long-term) Office Expenses Prepaid Rent Rent Expense Retained Earnings Salaries and Wages Expense Sales Revenue Software Supplies $ 240 490 120 190 960 240 70 80 1,340 80...
Macro Company has the following adjusted accounts and balances at June 302 $ 240 490 Book Print Terences 2401 1340 Accounts Payable Accounts Receivable Accumulated Amortization Accumulated Depreciation- Equipment Cash Common Stock Depreciation Expense Equipment Income Tax Expense Income Tax Payable Interest Expense Interest Revenue Notes Payable (long-term) Office Expenses Prepaid Rent Rent Expense Retained Earnings Salaries and Wages Expense Sales Revenue Software Sunnlies 80 40 150 60 1,240 760 50 340 90 600 3,380 170 650 Gram < Prev...
list of accounts
Sandhill Company had the following adjusted trial balance. $3,840 Sandhill Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash Accounts Receivable 4,070 Supplies 400 Accounts Payable $1,700 Unearned Service Revenue 190 Owner's Capital 3,900 Owner's Drawings Service Revenue 5,920 Salaries and Wages Expense 1,300 Miscellaneous Expense 200 Supplies Expense 1,930 Salaries and Wages Payable 540 $12,250 $12,250 510 Prepare closing entries at June 30, 2020. (Credit account...
The adjusted trial balance for Pl Detectives reported the following account balances: Accounts Receivable $590; Supplies $9,900; Prepaid Insurance $8,100; Equipment $32,500; Accumulated Depreciation $4,900; Accounts Payable $290; Deferred Revenue $5,900; Notes Payable $3,900; Common Stock $26,500; Retained Earnings $6,600; Dividends $3,900; Service Revenue $38,300; Salaries and Wages Expense $24,500; and Depreciation Expense $1,000. Prepare an adjusted trial balance as of December 31, and solve for its missing Cash balance. PIDETECTIVES Adjusted Trial Balance As of December 31 Debit Credit...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $590 were declared at the end of the year, and 650 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,800 in cash (for a total at the end of the year of 820 shares). These effects are included below: Credit Catena's Marketing Company Adjusted Trial Balance End of the Current...
ne accounts of Taylor Electronics Company are listed alone with their adjusted balances before closing for the month ended June 30, 2019. Prepare the POST-CLOSE TRIAL BALANCE. Prepaid Expenses Inventory Note Payable, Long-Term Salary Payable Supplies Expense Utilities Expense Sales Revenue Rent Expense Supplies Unearned Sales Revenue $ 8,200 39,000 46,000 2,700 2,500 7,500 350,000 38,000 6,000 13.800 Accounts payable Accounts receivable Accumulated depreciation Taylor, Capital, June 1 Taylor, Owner Withdrawals Cash Cost of Goods Sold Equipment Salaries Expense Notes...
ccounts from the adjusted trial balance at September 30, 2018,
are listed in alphabetical order below for Ozaki Corp.:
Accounts payable
$4,460
Income tax payable
$200
Accounts receivable
8,600
Interest expense
102
Accumulated depreciation—equipment
750
Interest payable
102
Bank loan payable
7,800
Rent expense
1,500
Cash
3,250
Retained earnings
1,965
Common shares
7,000
Salaries expense
13,040
Depreciation expense
750
Salaries payable
840
Dividends declared
700
Supplies
1,195
Equipment
15,040
Supplies expense
485
Fees earned
22,485
Unearned revenue
480
Income tax...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $590 were declared at the end of the year, and 610 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,440 in cash (for a total at the end of the year of 840 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance 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 $600 were
declared at the end of the year, and 640 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
830 shares). These effects are included below:
Prepare the closing entry at the end of the current
year....
Most questions answered within 3 hours.
-
Vulcan Flyovers offers scenic overflights of Mount St. Helens,
the volcano in Washington State that explosively...
asked 49 seconds from now -
If organizations do not adapt fast enough and move incrementally
from the twentieth-century model to the...
asked 1 second ago -
A helium balloon with 2.5L of gas has a gauge pressure of 10,000
Pa. The balloon...
asked 4 minutes ago -
What is responsible for Jupiter's enormous magnetic field?
asked 19 minutes ago -
At the end of the year, a company offered to buy 5,000 units of
a product...
asked 20 minutes ago -
Implement C++ program for each of the following.
Let D = [-48, -14, -8, 0, 1,...
asked 40 minutes ago -
Consider a labor market in which LD = 400 – 4W and LS = 250 +...
asked 54 minutes ago -
Let’s say you are teaching a typically-developing young child
how to eat with a spoon. Describe...
asked 38 minutes ago -
Ask Your Teacher A toy gun uses a spring to project a 5.6-g soft
rubber sphere...
asked 50 minutes ago -
*****DO NOT ANSWER THIS QUESTION IF YOU DON'T
KNOW*******
Question - PERSONAL DEVELOPMENT ESSAY and Detailed...
asked 57 minutes ago -
A certain rifle bullet has a mass of 5.25 g. Calculate the de
Broglie wavelength of...
asked 1 hour ago -
Research new software products that assist in project
communication management. Write a paper summarizing your findings,...
asked 1 hour ago