Homework Answers
| 1.) | Date | Account Titles | Debit $ | Credit $ |
| Nov.30 | Fees Earned | 644,845 | ||
| Wages Expense | 435,000 | |||
| Rent Expense | 104,400 | |||
| Supplies Expense | 39,150 | |||
| Miscellaneous expense | 13,050 | |||
| Retained earnings | 53,245 | |||
| 2.) | Date | Account Titles | Debit $ | Credit $ |
| Nov.30 | Retained earnings | 28,000 | ||
| Dividends | 28,000 | |||
Add Answer to:
Closing Entries After the accounts have been adjusted at May 31, the end of the fiscal...
Closing Entries After the accounts have been adjusted at November 30, the end of the fiscal...
Closing Entries
After the accounts have been adjusted at November 30, the end of
the fiscal year, the following balances were taken from the ledger
of Diamond Landscaping Co.:
Retained Earnings
$2,550,000
Dividends
25,000
Fees Earned
1,150,000
Wages Expense
613,750
Rent Expense
120,000
Supplies Expense
9,150
Miscellaneous Expense
11,000
Journalize the two entries required to close the accounts. If an
amount box does not require an entry, leave it blank.
Closing Entries After the accounts have been adjusted at November...
Closing Entries After the accounts have been adjusted at April 30, the end of the fiscal...
Closing Entries After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Nuclear Landscaping Co.: Felix Godwin, Capital $685,260 Felix Godwin, Drawing 39,000 Fees Earned 558,000 Wages Expense 423,000 Rent Expense 101,500 Supplies Expense 38,070 Miscellaneous Expense 12,690 Journalize the two entries required to close the accounts. For a compound transaction, if an amount box does not require an entry, leave it blank. Apr. 30 Apr....
After the accounts have been adjusted at January 31, the end of the fiscal year, the...
After the accounts have been adjusted at January 31, the end of the fiscal year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Retained Earnings $354,030 Dividends 6,060 Fees Eamed 124,010 Wages Expense 47,510 Rent Expense 15,690 Supplies Expense 15,950 Miscellaneous Expense 1,790 < Journalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank Jan. 31 Tees Earned Wages Expense Rent Expense Supplies...
After the accounts have been adjusted at December 31, the end of the fiscal year, the...
After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Kerry Buckner, Capital $3,513,000 Kerry Buckner, Drawing 42,500 Fees Earned 1,324,000 Wages Expense 749,100 Rent Expense 68,800 Supplies Expense 14,600 Miscellaneous Expense 7,350 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles. CHART OF ACCOUNTS Pioneer Delivery Services Co....
5 After the accounts have been adjusted at July 31, the end of the fiscal year,...
5 After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances are taken from the ledger of Cabriolet Services Co. $615,850 Terry Lambert, Capital Fees Earned 330,450 Wages Expense 220,000 63,000 Rent Expense Supplies Expense 18,250 Miscellaneous Expense 6,200 Journalize the entries required to close the accounts.
Instructions After the accounts have been adjusted at December 31, the end of the fiscal year,...
Instructions After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Kerry Buckner, Capital Kerry Buckner, Drawing Fees Earned Wages Expenso Rent Expense Supplies Expense Miscellaneous Expense $9,556,300 80,000 1,878,400 1,415,500 125,000 30,600 22,100 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles. CHART OF ACCOUNTS Pioneer Delivery Services...
71% 3:46 PM Homework1- Read-only PE 4-4B Closing entries OBJ. 3 After the accounts have been...
71% 3:46 PM Homework1- Read-only PE 4-4B Closing entries OBJ. 3 After the accounts have been adjusted at April 30, the end of the fiscal year, the follow ing balances were taken from the ledger of Nuclear Landscaping C. Felix Godwin, Capital Felix Godwin, Drawing Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $643,600 10,500 356,500 283,100 56,000 11,500 13,000 Journalize the two entries required to close the accounts.
71% 3:46 PM Homework1- Read-only PE 4-4B Closing entries OBJ. 3 After the accounts have been...
71% 3:46 PM Homework1- Read-only PE 4-4B Closing entries OBJ. 3 After the accounts have been adjusted at April 30, the end of the fiscal year, the follow ing balances were taken from the ledger of Nuclear Landscaping C. Felix Godwin, Capital Felix Godwin, Drawing Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $643,600 10,500 356,500 283,100 56,000 11,500 13,000 Journalize the two entries required to close the accounts.
Instructions Chart of Accounts Journal Instructions Х After the accounts have been adjusted at December 31,...
Instructions Chart of Accounts Journal Instructions Х After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Kerry Buckner, Capital $3,513,000 Kerry Buckner, Drawing 42,500 Fees Earned 1,324,000 Wages Expense 749,100 Rent Expense 68,800 Supplies Expense 14,600 Miscellaneous Expense 7,350 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles....
Calculator After the accounts have been adjusted at January 31, the end of the year, the...
Calculator After the accounts have been adjusted at January 31, the end of the year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Harrison Taylor, Capital $353,330 Harrison Taylor, Drawing 12,080 Fees Earned 136,640 Wages Expense 44,270 Rent Expense 15,990 Supplies Expense 14,150 Miscellaneous Expense 1,730 pournalize the entries required to close the accounts. If an amount box does not require an entry, leave it blank. Jan. 31 Fees Earned Wages Expense Rent Expense...
Closing Entries
After the accounts have been adjusted at November 30, the end of
the fiscal year, the following balances were taken from the ledger
of Diamond Landscaping Co.:
Retained Earnings
$2,550,000
Dividends
25,000
Fees Earned
1,150,000
Wages Expense
613,750
Rent Expense
120,000
Supplies Expense
9,150
Miscellaneous Expense
11,000
Journalize the two entries required to close the accounts. If an
amount box does not require an entry, leave it blank.
Closing Entries After the accounts have been adjusted at November...
After the accounts have been adjusted at January 31, the end of the fiscal year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Retained Earnings $354,030 Dividends 6,060 Fees Eamed 124,010 Wages Expense 47,510 Rent Expense 15,690 Supplies Expense 15,950 Miscellaneous Expense 1,790 < Journalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank Jan. 31 Tees Earned Wages Expense Rent Expense Supplies...
5 After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances are taken from the ledger of Cabriolet Services Co. $615,850 Terry Lambert, Capital Fees Earned 330,450 Wages Expense 220,000 63,000 Rent Expense Supplies Expense 18,250 Miscellaneous Expense 6,200 Journalize the entries required to close the accounts.
Instructions After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Kerry Buckner, Capital Kerry Buckner, Drawing Fees Earned Wages Expenso Rent Expense Supplies Expense Miscellaneous Expense $9,556,300 80,000 1,878,400 1,415,500 125,000 30,600 22,100 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles. CHART OF ACCOUNTS Pioneer Delivery Services...
71% 3:46 PM Homework1- Read-only PE 4-4B Closing entries OBJ. 3 After the accounts have been adjusted at April 30, the end of the fiscal year, the follow ing balances were taken from the ledger of Nuclear Landscaping C. Felix Godwin, Capital Felix Godwin, Drawing Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $643,600 10,500 356,500 283,100 56,000 11,500 13,000 Journalize the two entries required to close the accounts.
71% 3:46 PM Homework1- Read-only PE 4-4B Closing entries OBJ. 3 After the accounts have been adjusted at April 30, the end of the fiscal year, the follow ing balances were taken from the ledger of Nuclear Landscaping C. Felix Godwin, Capital Felix Godwin, Drawing Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $643,600 10,500 356,500 283,100 56,000 11,500 13,000 Journalize the two entries required to close the accounts.
Instructions Chart of Accounts Journal Instructions Х After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Kerry Buckner, Capital $3,513,000 Kerry Buckner, Drawing 42,500 Fees Earned 1,324,000 Wages Expense 749,100 Rent Expense 68,800 Supplies Expense 14,600 Miscellaneous Expense 7,350 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles....
Calculator After the accounts have been adjusted at January 31, the end of the year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Harrison Taylor, Capital $353,330 Harrison Taylor, Drawing 12,080 Fees Earned 136,640 Wages Expense 44,270 Rent Expense 15,990 Supplies Expense 14,150 Miscellaneous Expense 1,730 pournalize the entries required to close the accounts. If an amount box does not require an entry, leave it blank. Jan. 31 Fees Earned Wages Expense Rent Expense...
Most questions answered within 3 hours.
-
With a $16 Trillion national ebt, and projected annual budget
eficits in excess of $1 Trillion...
asked 3 minutes ago -
A machine shop owner wishes to assign each of three machinists
(labeled 1, 2, and 3)...
asked 17 minutes ago -
Regarding language development, which of the following
statements is FALSE?
Babies are able to cry from...
asked 17 minutes ago -
A couple of small ice cubes at 0 °C are added to glass of warm
water...
asked 15 minutes ago -
Slow 'n Steady, Inc., has a stock price of $30, will pay a
dividend next year...
asked 18 minutes ago -
During the current financial year, the owner of Omega
Enterprises withdrew supplies of $2,000 for personal...
asked 14 minutes ago -
PLEASE SHOW MATH CALCULATION(formulas)it has to be done on excel
P12-4 Last year (2016), Richter Condos...
asked 23 minutes ago -
A 0.25μF capacitor is charged to 50 V . It is then connected in
series with...
asked 39 minutes ago -
Calculate the current, I, through the batteries for:
- a 2-bulb parallel circuit
- How does...
asked 40 minutes ago -
Choose the sentence that uses correct punctuation.
1a. The prefatory parts of a report include the...
asked 46 minutes ago -
For the element arsenic, which one of the following sets of
quantum numbers could not apply...
asked 56 minutes ago -
Compare and contrast the architectures of 3 types of ADCs:
Flash, SAR, and pipelined. Use the...
asked 57 minutes ago