ZuoTi.Pro
Question

SPARKLE CLEANING SERVICE 

Problem Data 

For the Month Ended July 31, 2016 

Fred Severini opened SPARKLE Cleaning Service on July 1, 2016. During July, the company completed the following transactions.

B H J N o P R S T U R. A с D E G 1 к L M SPARKLE CLEANING SERVICE Problem Data For the Month Ended July 31, 2016 Fred Severin5 4 (e) Journalize the adjusting entries from the adjustment information provided in the problem data. General Journal J2 5 D1 2 3 SPARKLE CLEANING SERVICE Ledger Accounts For the Month Ended July 31, 2016 4 5 Cash 6 7 No. 101 Balance Explanation RefPrepaid Insurance Ref. No. 130 Balance Explanation Debit Credit Date 5-Jul Equipment Ref. No. 157 Balance Explanation Debit CRetained Earnings Ref. No. 320 Balance Explanation Debit Credit Date 31-Jul Dividends Ref. No. 332 Balance Date Explanation DSupplies Expense Ref. No. 634 Balance Date Explanation Debit Credit 31-Jul Depreciation Expense Ref. No. 711 Balance Date ExpSPARKLE Cleaning Services worksheet for the month ending July 31, 2016. b) Trail Balance, c) Adjustments SPARKLE Cleaning SerInstructions: (d)(1) Prepare an income statement for the month ended July 31, 2016. SPARKLE CLEANING SERVICE Income Statement(d)(2) Prepare a retained earnings statement for the month ended July 31, 2016. SPARKLE CLEANING SERVICE Retained Earnings St(d)(3) Prepare a classified balance sheet for the month ended July 31, 2016. SPARKLE CLEANING SERVICE Balance Sheet July 31,Instructions: (g) Prepare a post closing trial balance July 31, 2016. SPARKLE CLEANING SERVICE Post-Closing Trial Balance Jul


business   accounting   
1 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1


0 0
Add a comment
Know the answer?
Add Answer to:
Fred Severini opened SPARKLE Cleaning Service on July 1, 2016. During July, the company completed the following transactions.
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

  • Fred Severini opened SPARKLE Cleaning Service on July 1, 2016. During July, the company completed the following transactions.

    SPARKLE CLEANING SERVICE Problem Data For the Month Ended July 31, 2016 Fred Severini opened SPARKLE Cleaning Service on July 1, 2016. During July, the company completed the following transactions.The chart of accounts for SPARKLE Cleaning Service contains the following accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 128 Supplies, No. 130 Prepaid Insurance, No. 157 Equipment, No. 158 Accumulated Depreciation-Equipment, No. 201 Accounts Payable, No. 212 Salaries and Wages Payable, No. 311 Common Stock, No. 320 Retained Earnings, No. 332 Dividends, No. 350...

  • Fred Severini opened SPARKLE Cleaning Service on July 1, 2016. During July, the company completed the following transactions.

    SPARKLE CLEANING SERVICEProblem DataFor the Month Ended July 31, 2016Fred Severini opened SPARKLE Cleaning Service on July 1, 2016. During July, the company completed the following transactions.The chart of accounts for SPARKLE Cleaning Service contains the following accounts:No. 101 Cash, No. 112 Accounts Receivable, No. 128 Supplies, No. 130 Prepaid Insurance, No. 157 Equipment, No. 158 Accumulated Depreciation - Equipment,No. 201 Accounts Payable, No. 212 Salaries and Wages Payable, No. 311 Common Stock, No. 320 Retained Earnings, No. 332 Dividends,...

  • SPARKLE CLEANING SERVICE Problem Data For the Month Ended July 31, 2016 Fred Severini opened SPARKLE...

    SPARKLE CLEANING SERVICE Problem Data For the Month Ended July 31, 2016 Fred Severini opened SPARKLE Cleaning Service on July 1, 2016. During July, the company completed the following transactions. July 1 Stockholders invested cash in the business in exchange for common stock. $15,000 1 Purchased a used cleaning truck on account. $12,000 3 Purchased cleaning supplies on account. $1,800 5 Paid on a one-year insurance policy, effective July 1. $2,100 12 Billed customers for cleaning services. $4,400 18 Paid...

  • SPARKLE CLEANING SERVICE Problem Data For the Month Ended July 31, 2016 Fred Severini opened SPARKLE...

    SPARKLE CLEANING SERVICE Problem Data For the Month Ended July 31, 2016 Fred Severini opened SPARKLE Cleaning Service on July 1, 2016. During July, the company completed the following transactions. July 1 Stockholders invested cash in the business in exchange for common stock. $15,000 1 Purchased a used cleaning truck on account. $12,000 3 Purchased cleaning supplies on account. $1,800 5 Paid on a one-year insurance policy, effective July 1. $2,100 12 Billed customers for cleaning services. $4,400 18 Paid...

  • Anya Clark opened Anya’s Cleaning Service on July 1, 2017. During July, the following transactions were...

    Anya Clark opened Anya’s Cleaning Service on July 1, 2017. During July, the following transactions were completed. July 1 Anya invested $20,000 cash in the business. 1 Purchased used truck for $9,000, paying $4,000 cash and the balance on account. 3 Purchased cleaning supplies for $1,900 on account. 5 Paid $1,800 cash on 1-year insurance policy effective July 1. 12 Billed customers $4,500 for cleaning services. 18 Paid $1,400 cash on amount owed on truck and $1,300 on amount owed...

  • P4-5A Heidi Jara opened Jara's Cleaning Service on July 1, 2017. During July, the following transactions were completed.

    P4-5A Heidi Jara opened Jara's Cleaning Service on July 1, 2017. During July, the following transactions were completed.July 1 Stockholders invested $ 20,000 cash in the business in exchange for common stock.1 Purchased used truck for $ 9,000, paying $ 4,000 cash and the balance on account.3 Purchased cleaning supplies for $ 2,100 on account.5. Paid $ 1,800 cash on a 1-year insurance policy effective July 1 .12 Billed customers $ 4,500 for cleaning services.18 Paid $ 1,500 cash on...

  • P4-SA Anya Clark opened Anya's Cleaning Service on July 1,2017. During July, the transactions were completed....

    P4-SA Anya Clark opened Anya's Cleaning Service on July 1,2017. During July, the transactions were completed. Anya invested $20,000 cash in the business. July 1 1 Purchased used truck for $12,000, paying $4,000 cash and the balance on 3 5 12 18 account. Purchased cleaning supplies for $2,100 on account. Paid $1,800 cash on a 1-year insurance policy effective July 1. Billed customers $4,500 for cleaning services. Paid $1,500 cash on amount owed on truck and $1,400 on amount owed...

  • Heidi Jara opened Whispering Winds's Cleaning Service on July 1, 2022. During July, the following transactions...

    Heidi Jara opened Whispering Winds's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 1 3 5 12 18 Stockholders invested $20,000 cash in the business in exchange for common stock. Purchased used truck for $8,800, paying $4,100 cash and the balance on account. Purchased cleaning supplies for $2,300 on account. Paid $1,800 cash on a 1-year insurance policy effective July 1. Billed customers $4,600 for cleaning services. Paid $1,500 cash on amount owed...

  • P4-5B Jannero Pargo opened Pargo's Cleaning Service on July 1, 2012. During July the following transactions...

    P4-5B Jannero Pargo opened Pargo's Cleaning Service on July 1, 2012. During July the following transactions were completed. July Pargo invested $20,000 cash in the business. 1 Purchased used truck for $9,000, paying $4,000 cash and the balance on account. 3 Purchased cleaning supplies for $2,100 on account. 5 Paid $1,800 cash on one-year insurance policy effective July 1. 12 Billed customers $4,500 for cleaning services. 18 Paid $1,500 cash on amount owed on truck and $1,400 on amount owed...

  • Mike Greenberg opened Grouper Window Washing Co. on July 1, 2020. During July, the following transactions...

    Mike Greenberg opened Grouper Window Washing Co. on July 1, 2020. During July, the following transactions were completed. It is wanting the entire accounting cycle. Accounting Cycle Review 4-01 a-i Mike Greenberg opened Grouper Window Washing Co. on July 1, 2020. During July, the following transactions were completed. July 1 Owner invested $10,300 cash in the company. 1 Purchased used truck for $6,880, paying $1,720 cash and the balance on account. 3 Purchased cleaning supplies for $770 on account. 5...

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