Question

A list of accounts, in alphabetical order, and their balances at October 31, 2022 is presented below for Blossom Corporation:

Debit Credit Totals

0 0
Add a comment Improve this question Transcribed image text
Answer #1
BLOSSOM CORP.
Trial Balance
At October 31, 2022
Account Tittles Debit ($) Credit ($)
Accounts payable              3,510.00
Accounts receivable              6,790.00
Bank Loan Payable              8,670.00
Cash            13,144.00
Common shares            20,240.00
Deferred revenue              3,220.00
Equipment            16,480.00
Income Tax Expense              1,406.00
Rent Expense              1,530.00
Salaries Expense              7,080.00
Service revenue            14,900.00
Supplies              2,390.00
Supplies Expenses                900.00
Utilities                820.00
Totals          50,540.00          50,540.00
Add a comment
Know the answer?
Add Answer to:
A list of accounts, in alphabetical order, and their balances at October 31, 2022 is presented...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

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
  • Current Attempt in Progress The following is an alphabetical list of accounts and balances for J....

    Current Attempt in Progress The following is an alphabetical list of accounts and balances for J. Saggit, proprietorship, at lune 30, 20211 Accounts Payable Accounts Receivable Cash Equipment Interest Expense J.Saggit, Capital J.Saggit, Drawings Land $13,300 10,850 8,500 19,350 530 29,700 12,700 67,800 Notes Payable Prepaid Expenses Rent Expense Salaries Expense Service Revenue Supplies Utilities Expense $31,800 3,200 4,800 8,000 66.810 5,300 580 Prepare a trial balance at June 30. Prepare a trial balance at June 30. J. SAGGIT Trial...

  • Following are the general ledger account balances, listed in alphabetical order Accounts payable Accounts receivable Accumulated...

    Following are the general ledger account balances, listed in alphabetical order Accounts payable Accounts receivable Accumulated depreciation-equipment 3,700 Rent expense Cash Common shares Dividends declared Equipment s 3,000 Held for trading investments 5,600 400 900 11,720 3,700 6,020 160 4,000 Income tax expense 2,400 Retained earnings 9,100 Salaries expense 300 Service revenue 16,400 Unearned revenue Identify the normal balance of each account. Normal Balance Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Dividends declared Equipment Held for trading investments...

  • Question 9 The following is a list of accounts, in alphabetical order, for Sheridan, Inc. at...

    Question 9 The following is a list of accounts, in alphabetical order, for Sheridan, Inc. at July 31, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment Bank loan payable, due 2020 Cash Common shares Depreciation expense Dividends declared Equipment Held for trading investments $9,800 14,300 21,300 38,300 Prepaid insurancee 13,500 Rent expense 38,000 $3,000 1,800 3,700 100 8,700 10,200 20,300 24,700 800 77,900 Income tax expense Insurance expense Interest expense Repairs and maintenance expense 9,500 Retained earnings 800 Salaries expense 98,100...

  • From the ledger balances below, prepare a trial balance for Pharoah Company at June 30, 2022....

    From the ledger balances below, prepare a trial balance for Pharoah Company at June 30, 2022. All account balances are normal. Accounts Payable Cash Common Stock Dividends Equipment $ 2,400 5,770 16,970 1,530 13,190 Service Revenue Accounts Receivable Salaries and Wages Expense Rent Expense $8,790 2,580 3,670 1,420 PHAROAH COMPANY Trial Balance Debit Credit $

  • The following is a list of accounts, in alphabetical order, for Sheridan, Inc. at July 31,...

    The following is a list of accounts, in alphabetical order, for Sheridan, Inc. at July 31, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment Bank loan payable, due 2020 Cash Common shares Depreciation expense Dividends declared Equipment Held for trading investments $9,800 14,300 21,300 38,300 Prepaid insurancee 13,500 Rent expense 38,000 $3,000 1,800 3,700 100 8,700 10,200 20,300 24,700 800 77,900 Income tax expense Insurance expense Interest expense Repairs and maintenance expense 9,500 Retained earnings 800 Salaries expense 98,100 Salaries payable...

  • Emerson Company Unadjusted Trial Balance October 31, 20Y6 Debit Balances Credit Balances Cash 4,580 Accounts Receivable...

    Emerson Company Unadjusted Trial Balance October 31, 20Y6 Debit Balances Credit Balances Cash 4,580 Accounts Receivable 41,540 Prepaid Insurance 7,750 Supplies 2,110 Land 122,160 Building 300,400 Accumulated Depreciation—Building 149,270 Equipment 146,800 Accumulated Depreciation—Equipment 106,320 Accounts Payable 13,030 Unearned Rent 7,390 Suzanne Emerson, Capital 319,400 Suzanne Emerson, Drawing 16,190 Fees Earned 352,050 Salaries and Wages Expense 209,820 Utilities Expense 46,120 Advertising Expense 24,640 Repairs Expense 18,660 Miscellaneous Expense 6,690 947,460 947,460 The data needed to determine year-end adjustments are as follows:...

  • BUL MUURE CUISILLE JA owing is an alphabetical list of accounts and balances for J. Saggit,...

    BUL MUURE CUISILLE JA owing is an alphabetical list of accounts and balances for J. Saggit, proprietor $12,500 12.9A (LO 4) AP The following is an alphabetical ship, at June 30, 2021: Accounts Payable Accounts Receivable 10,250 Cash Equipment Interest Expense J. Saggit, Capital J. Saggit, Drawings 12,000 Land 64,000 8,000 18,250 Notes Payable $30,000 Prepaid Expenses de 3,000 Rent Expense 4,500 Salaries Expense 7,500 Service Revenue 63,050 Supplies Bruns 5,000 Utilities Expense o 550 500 13 Instructions sorting each...

  • The unadjusted trial balance for Culver Corporation is shown below. CULVER CORPORATION Trial Balance October 31,...

    The unadjusted trial balance for Culver Corporation is shown below. CULVER CORPORATION Trial Balance October 31, 2022 Credit Debit $15,940 3,270 690 4,810 Cash Supplies Prepaid Insurance Equipment Notes Payable Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Rent Expense $4,810 2,790 1,840 11,490 0 500 9,200 4,000 920 $30,130 $30,130 Assume the following adjustment data. 1. Supplies on hand at October 31 total $540. Policy | 2000-2020 John Wiley & Sons,...

  • 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...

  • Question 6 Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the...

    Question 6 Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Depreciation expense Dividends declared Equipment Fees earned Income tax expense 13,340 Income tax payable 4,550 25,550 Insurance expense 3,170 2,410 6,930 6,390 Retained earnings 22,660 3,170 2,190 Salaries expense 46,600 1,270 89,110 Supplies expense 3,800 3,000 5,560 17,900 Rent expense Prepaid insurance 4,290 Salaries payable 22,790 Supplies...

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