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After Adjustment Dr. Cr. $10,200 9,900 600 2,700 13,500 Exercise 3-18 a-c (Part Level Submission) The...
Exercise 3-18 a-c (Part Level Submission) The adjusted trial balance for Pharoah Company is given below....
Exercise 3-18 a-c (Part Level Submission) The adjusted trial balance for Pharoah Company is given below. Pharoah Company Trial Balance August 31, 2020 Before Adjustment Cr. After Adjustment Dr. Cr. Dr. $10,200 8,900 2,300 3,800 13,500 $10,200 9,900 600 2,700 13,500 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense $...
CES Exercise 3-18 a-c (Part Level Submission) The adjusted trial balance for Pharoah Company is given...
CES Exercise 3-18 a-c (Part Level Submission) The adjusted trial balance for Pharoah Company is given below. Pharoah Company Trial Balance August 31, 2020 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. $10,200 8,900 2,300 3,800 13,500 $10,200 9,900 600 2,700 13,500 2 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense...
The trial balances before and after adjustment for Marigold Corp. at the end of its fiscal...
The trial balances before and after adjustment for Marigold Corp. at the end of its fiscal year are presented below. Marigold Corp. Trial Balance August 31, 2020 Before Adjustment Dr. Cr. Cash $10,100 8,700 2,500 3,900 After Adjustment Dr. Cr. $10,100 10,000 600 2,700 14,400 $4,600 5,800 1,300 700 14,400 $3,500 5,800 0 1,500 Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Service Revenue Rent Revenue...
Crane Company Income Statement
The adjusted trial balance for Crane Company is shown below.CRANE COMPANYTrial BalanceAugust 31, 2020BeforeAdjustmentAfterAdjustmentDr.Cr.Dr.Cr.Cash$10,400$10,400Accounts Receivable8,8009,600Supplies2,300700Prepaid Insurance3,9002,600Equipment12,30012,300Accumulated Depreciation-Equipment$ 3,500$ 4,300Accounts Payable5,8005,800Salaries and Wages Payable01,200Unearned Rent Revenue1,400800Owner’s Capital14,30014,300Service Revenue34,20035,000Rent Revenue10,80011,400Salaries and Wages Expense17,10018,300Supplies Expense01,600Rent Expense15,20015,200Insurance Expense01,300Depreciation Expense0800$70,000$70,000$72,800$72,800(a)Prepare the income statement for the year.
The trial balances shown below are before and after adjustment for Pharoah Company at the end...
The trial balances shown below are before and after adjustment for Pharoah Company at the end of its fiscal year. PHAROAH COMPANY Trial Balance August 31, 2017 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $10,680 $10,680 Accounts Receivable 8,770 9,360 Supplies 2,990 1,910 Prepaid Insurance 4,210 2,960 Equipment 16,710 16,710 Accumulated Depreciation—Equipment $3,760 $4,960 Accounts Payable 5,080 5,080 Salaries and Wages Payable 0 1,850 Unearned Rent Revenue 1,910 1,160 Common Stock 19,980 19,980 Retained Earnings 5,330 5,330 Dividends...
After Adjustment Dr. Cr. $10,500 9,800 700 2,600 14,900 CULLUMBER COMPANY Trial Balance August 31, 2020...
After Adjustment Dr. Cr. $10,500 9,800 700 2,600 14,900 CULLUMBER COMPANY Trial Balance August 31, 2020 Before Adjustment Dr. Cr. Cash $10,500 Accounts Receivable 8,800 Supplies 2,300 Prepaid Insurance 3,700 Equipment 14,900 Accumulated Depreciation-Equipment $ 3,700 Accounts Payable 5,900 Salaries and Wages Payable 0 Unearned Rent Revenue 1,300 Owner's Capital 16,000 Service Revenue 34,100 Rent Revenue 11,200 Salaries and Wages Expense 17,200 Supplies Expense 0 Rent Expense 14,800 Insurance Expense 0 Depreciation Expense 0 $72,200 $72,200 $ 4,300 5,900 1,200...
The trial balances before and after adjustment for Crane Company at the end of its fiscal...
The trial balances before and after adjustment for Crane Company at the end of its fiscal year are presented below. After Adjustment Dr. Cr. $10,000 9,500 700 2,700 12,400 CRANE COMPANY Trial Balance August 31, 2020 Before Adjustment Dr. Cr. Cash $10,000 Accounts Receivable 8,900 Supplies 2,400 Prepaid Insurance 3,900 Equipment 12,400 Accumulated Depreciation-Equipment $3,400 Accounts Payable 5,800 Salaries and Wages Payable 0 Unearned Rent Revenue 1.400 Owner's Capital 13,700 Service Revenue 34,000 Rent Revenue 11,100 Salaries and Wages Expense...
The adjusted trial balance for Oriole Company is given in below. Oriole Company Trial Balance August...
The adjusted trial balance for Oriole Company is given in below. Oriole Company Trial Balance August 31, 2020 Before After Adjustment Adjustment Dr. Cr. Dr. Cr. Cash €10,100 €10,100 Accounts Receivable 8,900 10,000 Supplies 2,500 500 Prepaid Insurance 3,800 2,500 Equipment 13,500 13,500 Accumulated Depreciation-Equipment € 3,400 € 4,600 Accounts Payable 5,700 5,700 Salaries and Wages Payable 1,500 Unearned Rent Revenue 1,400 800 Share Capital-Ordinary 10,800 10,800 Retained Earnings 4,400 4,400 Service Revenue 33,900 35,000 Rent Revenue 11,200 11,800 Salaries...
Instructions: Prepare the closing entries for the temporary accounts at August 31. RYAN COMPANY Trial Balance...
Instructions: Prepare the closing entries for
the temporary accounts at August 31.
RYAN COMPANY Trial Balance August 31, 2017 After Adjustment Cr. Dr. Cr. Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense Before Adjustment Dr. $10,900 8,800 2,500 4,000 16,000 $ 3,600 5,800 0 1,800 10,000 5,500 2,800...
The adjusted trial balance for Kingbird, Inc. is given below. Kingbird, Inc. Trial Balance August 31,...
The adjusted trial balance for Kingbird, Inc. is given below. Kingbird, Inc. Trial Balance August 31, 2020 Before Adjustment After Adjustment Cr. Dr. Cr. Cash $10,400 $10,400 Accounts Receivable 8,500 9,700 Supplies 2.300 600 Prepaid Insurance 4.000 2,500 Equipment 14,300 14,300 Accumulated Depreciation-Equipment $3,500 $4,500 Accounts Payable 5,800 5,800 Salaries and Wages Payable 1,400 Unearned Rent Revenue 1.600 700 008 Common Stock 11.700 11,700 Retained Earnings 3,600 3.600 Service Revenue 34,200 35,400 Rent Revenue 10,900 11,800 Salaries and Wages Expense...
Exercise 3-18 a-c (Part Level Submission) The adjusted trial balance for Pharoah Company is given below. Pharoah Company Trial Balance August 31, 2020 Before Adjustment Cr. After Adjustment Dr. Cr. Dr. $10,200 8,900 2,300 3,800 13,500 $10,200 9,900 600 2,700 13,500 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense $...
CES Exercise 3-18 a-c (Part Level Submission) The adjusted trial balance for Pharoah Company is given below. Pharoah Company Trial Balance August 31, 2020 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. $10,200 8,900 2,300 3,800 13,500 $10,200 9,900 600 2,700 13,500 2 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense...
The trial balances before and after adjustment for Marigold Corp. at the end of its fiscal year are presented below. Marigold Corp. Trial Balance August 31, 2020 Before Adjustment Dr. Cr. Cash $10,100 8,700 2,500 3,900 After Adjustment Dr. Cr. $10,100 10,000 600 2,700 14,400 $4,600 5,800 1,300 700 14,400 $3,500 5,800 0 1,500 Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Service Revenue Rent Revenue...
After Adjustment Dr. Cr. $10,500 9,800 700 2,600 14,900 CULLUMBER COMPANY Trial Balance August 31, 2020 Before Adjustment Dr. Cr. Cash $10,500 Accounts Receivable 8,800 Supplies 2,300 Prepaid Insurance 3,700 Equipment 14,900 Accumulated Depreciation-Equipment $ 3,700 Accounts Payable 5,900 Salaries and Wages Payable 0 Unearned Rent Revenue 1,300 Owner's Capital 16,000 Service Revenue 34,100 Rent Revenue 11,200 Salaries and Wages Expense 17,200 Supplies Expense 0 Rent Expense 14,800 Insurance Expense 0 Depreciation Expense 0 $72,200 $72,200 $ 4,300 5,900 1,200...
The trial balances before and after adjustment for Crane Company at the end of its fiscal year are presented below. After Adjustment Dr. Cr. $10,000 9,500 700 2,700 12,400 CRANE COMPANY Trial Balance August 31, 2020 Before Adjustment Dr. Cr. Cash $10,000 Accounts Receivable 8,900 Supplies 2,400 Prepaid Insurance 3,900 Equipment 12,400 Accumulated Depreciation-Equipment $3,400 Accounts Payable 5,800 Salaries and Wages Payable 0 Unearned Rent Revenue 1.400 Owner's Capital 13,700 Service Revenue 34,000 Rent Revenue 11,100 Salaries and Wages Expense...
The adjusted trial balance for Oriole Company is given in below. Oriole Company Trial Balance August 31, 2020 Before After Adjustment Adjustment Dr. Cr. Dr. Cr. Cash €10,100 €10,100 Accounts Receivable 8,900 10,000 Supplies 2,500 500 Prepaid Insurance 3,800 2,500 Equipment 13,500 13,500 Accumulated Depreciation-Equipment € 3,400 € 4,600 Accounts Payable 5,700 5,700 Salaries and Wages Payable 1,500 Unearned Rent Revenue 1,400 800 Share Capital-Ordinary 10,800 10,800 Retained Earnings 4,400 4,400 Service Revenue 33,900 35,000 Rent Revenue 11,200 11,800 Salaries...
Instructions: Prepare the closing entries for
the temporary accounts at August 31.
RYAN COMPANY Trial Balance August 31, 2017 After Adjustment Cr. Dr. Cr. Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense Before Adjustment Dr. $10,900 8,800 2,500 4,000 16,000 $ 3,600 5,800 0 1,800 10,000 5,500 2,800...
The adjusted trial balance for Kingbird, Inc. is given below. Kingbird, Inc. Trial Balance August 31, 2020 Before Adjustment After Adjustment Cr. Dr. Cr. Cash $10,400 $10,400 Accounts Receivable 8,500 9,700 Supplies 2.300 600 Prepaid Insurance 4.000 2,500 Equipment 14,300 14,300 Accumulated Depreciation-Equipment $3,500 $4,500 Accounts Payable 5,800 5,800 Salaries and Wages Payable 1,400 Unearned Rent Revenue 1.600 700 008 Common Stock 11.700 11,700 Retained Earnings 3,600 3.600 Service Revenue 34,200 35,400 Rent Revenue 10,900 11,800 Salaries and Wages Expense...
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