Date | Account titles and explanation | Debit | Credit |
Dec 31 | Supplies expense | $ 6,660 | |
Supplies | $ 6,660 | ||
(To record supply used during the period.) (8780-2120) |
Supplies | |||
Dec 31 (Unadj. Bal) | $ 8,780 | Dec 31 (Adj.) | $ 6,660 |
Dec 31 (Adj. Bal) | $ 2,120 | ||
Supplies expense | |||
Dec 31 (Adj.) | $ 6,660 |
Brief Exercise 4-05 Carla Vista Co.'s trial balance at December 31 shows Supplies $8,780 and Supplies...
Brief Exercise 3-03 Blue Spruce Corp.'s trial balance at December 31 shows Supplies 57,400 and Supplies Expense $0 On December 31, there are $3,500 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles Debit Credit Dec. 31 Supplies Supplies...
Brief Exercise 3-03 Bramble Corp's trial balance at December 31 shows Supplies $7,900 and Supplies Expense $0. On December 31, there are $2,800 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually.) Date Account Titles Debit Credit Dec. 31 Supplies . ....
Sandhill Co's trial balance at December 31 shows Supplies $8,790 and Supplies Expense $0.On December 31, there are $2,110 of supplies on hand. Prepare the adjusting entry at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 Supplies Expense 6,680 Supplies 6,680 Using T-accounts, enter the...
Sunland Advertising Company's trial balance at December 31 shows Supplies 56,900 and Supplies Experse $0 On December 31, there are $2,800 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually Credit Date Account Titles and Explanation Debit Dec. 31 Supplies Supplies Expense...
Wow Advertising Company's trial balance at December 31 shows Supplies £6,380 and Supplies Expense £0. On December 31, there are E2,839 of supplies on hand. Prepare the adjusting entry at December 31 and, using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Tities and Explanation Dec. 31 Supplies Supplies Expense
Current Attempt in Progress Crane Company's trial balance at December 31 shows Supplies $8,840 and Supplies Expense $0.On December 31, there are $2,060 of supplies on hand. Your answer is partially correct. Prepare the adjusting entry at December 31. (Credit account titles are automatically Indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31...
Wildhorse Co.'s trial balance at December 31 shows Supplies $6,900 and Supplies Expense $0. On December 31, there are $2,500 of supplies on hand. Prepare the adjusting entry at December 31, and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balan the amount is entered. Do not indent manually.) Account Titles Debit Credit Date Dec. 31 Supplies 4400C 14400 | Supplies Expense Supplies 4400 4400 Supplies Expense 12/31 12/31 Bal. 4 T...
Sunland Company’s trial balance at December 31 shows Supplies $8,720 and Supplies Expense $0. On December 31, there are $2,180 of supplies on hand. Prepare the adjusting entry at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 enter an account title for the journal...
Oriole Company’s trial balance at December 31 shows Supplies $8,740 and Supplies Expense $0. On December 31, there are $2,160 of supplies on hand. Prepare the adjusting entry at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 enter an account title for the journal...
Carla Vista Copaid $11.600 to purchase equipment on January 1, 2021. Carla Vista Co has a December 31 fiscal year end and uses straight-line depreciation. The company estimates the equipment will have a 4-year useful life. Prepare the journal entry to record the purchase of the equipment on January 1, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for...