Homework Answers
As per your given problem which is not complete
we assume that tha whole amount of salary paid in january was pending payable from december on wards
and if 1800 recieved in january so the whole amount of 1800 was treated as unearned income of december.
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Purchase date May 1, 2021 (c) If $2,500 of salaries was paid in January, what was...
(c) If $2,500 of salaries was paid in January, what was the balance in Salaries and...
(c) If $2,500 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2021? Balance in Salaries and Wages Payable at December 31, 2021 $ (d) If $1,800 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31, 2021? Balance in Unearned Service Revenue at December 31, 2021 $ e Textbook and Media This is a partial adjusted trial balance of Ramon...
A partial adjusted trial balance of West Company at January 31, 2021. shows the following. WEST...
A partial adjusted trial balance of West Company at January 31, 2021. shows the following. WEST COMPANY Adjusted Trial Balance January 31, 2021 Debit Credit $2,800 9,600 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue $3.200 3.000 3,800 1.600 7.200 8.000 Answer the following questions, assuming the year begins January 1. ✓ Your answer is correct. If the amount in Supplies Expense is the January 31 adjusting entry, and...
E3-7 A partial adjusted trial balance of Piper Company at January 31, 2020, shows the following....
E3-7 A partial adjusted trial balance of Piper Company at January 31, 2020, shows the following. PIPER COMPANY ADJUSTED TRIAL BALANCE JANUARY 31, 2020 Credit Debit $ 700 Supplies Prepaid Insurance 2,400 Salaries and Wages Payable $ 800 750 Unearned Service Revenue Supplies Expense Insurance Expense 950 400 Service Revenue 2,000 Instructions Answer the following questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry, and $850 of supplies was...
A partial adjusted trial balance of Joy Ltd at Jan 31, 2014, shows the following: Joy...
A partial adjusted trial balance of Joy Ltd at Jan 31, 2014, shows the following: Joy Ltd. Adjusted Trial Balance 31-Jan-14 Debit Credit Supplies 600 Prepaid insurance 2,400 Salaries and wages payable 800 Unearned revenue 1,000 Service revenue 3,000 Supplies expense 950 Insurance expense 2,400 Salaries and wages expense 1,800 Required: Answer the following questions, assuming the company’s fiscal year beings January 1: If the amount in Supplies Expense is the January 31 adjusting entry, and $650 of supplies was...
E3-12 c) if $3,800 of salaries was paid in January, what was the balance in Salaries...
E3-12
c) if $3,800 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2016? 12 Selected accounts of Holly Company are shown as follows. E3-12 Supplies Expense Journal and adj (LO 2, 3 800 Supplies 650 7/31 7/1 Bal. 7/10 Salaries and Wages Payable 7/31 1,100 7/31 800 1,200 Accounts Receivable Unearned Service Revenue 7/31 500 7/31 1,150 7/1 Bal. 1,500 1,000 7/20 Salaries and Wages Expense Service Revenue 7/15 7/31...
A partial adjusted trial balance of Swifty Company at January 31, 2020, shows the following. SWIFTY...
A partial adjusted trial balance of Swifty Company at January
31, 2020, shows the following.
SWIFTY COMPANY
ADJUSTED TRIAL BALANCE
JANUARY 31, 2020
Debit
Credit
Supplies
$820
Prepaid Insurance
3,120
Salaries and Wages Payable
$920
Unearned Service Revenue
870
Supplies Expense
950
Insurance Expense
520
Salaries and Wages Expense
1,920
Service Revenue
2,120
Answer the following questions, assuming the year begins January 1.
If the amount in Supplies Expense is the January 31 adjusting
entry, and $850 of supplies was...
X AutoSave 6 2 Project 1 Basic Excel Wilhelm 520 2.1 Saved - File Home Insert...
X AutoSave 6 2 Project 1 Basic Excel Wilhelm 520 2.1 Saved - File Home Insert Draw - Page Layout Formulas Data Review View Help Liberation Sans - 12 AA 2 Number Paste BIU A 2 $ -% 9 438-68 Conditio Formatt Clipboard Font Alignment Number E36 - X f Value AB 1 E4-14 Analyze adiusted data 2 This is a partial adjusted trial balance of Ramon Company RAMON COMPANY Adjusted Trial Balance January 31, 2017 Credit Supplies Prepaid Insurance...
Exercise 3-07 A partial adjusted trial balance of Marigold Company at January 31, 2020, shows the...
Exercise 3-07 A partial adjusted trial balance of Marigold Company at January 31, 2020, shows the following. Credit MARIGOLD COMPANY ADJUSTED TRIAL BALANCE JANUARY 31, 2020 Debit Supplies $830 Prepaid Insurance 3,180 Salaries and Wages Payable Unearned Service Revenue Supplies Expense 950 Insurance Expense 530 Salaries and Wages Expense 1,930 Service Revenue $930 880 2,130 Answer the following questions, assuming the year begins January 1. If the amount in Supplies Expense is the January 31 adjusting entry, and $850 of...
A partial adjusted trial balance of Sheffield Corp. at January 31, 2019, shows the following. Sheffield...
A partial adjusted trial balance of Sheffield Corp. at January 31, 2019, shows the following. Sheffield Corp. Adjusted Trial Balance January 31, 2019 Debit $ 900 2,400 $ 800 850 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Service Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue 900 400 3,000 2,000 Answer the following questions, assuming the year begins January 1. If the amount in Supplies Expense is the January 31 adjusting entry and $1,200 of supplies...
2. Eastline Inc. at January 31, 2019, shows the following Eastline Inc Adjusted Trial Balance Partial)...
2. Eastline Inc. at January 31, 2019, shows the following Eastline Inc Adjusted Trial Balance Partial) January 31, 2019 Credit Debit Supplies S 2,800 Prepaid Insurance 9.600 Salaries and Wages Payable Uneamed Revenue Supplies Expense 3.800 Insurance Expense Salaries and Wages Expense 7,200 Service Revenue $3,200 3,000 8,000 Instructions (20 pts) Answer the following questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry, and $3,400 of supplies was purchased...
(c) If $2,500 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2021? Balance in Salaries and Wages Payable at December 31, 2021 $ (d) If $1,800 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31, 2021? Balance in Unearned Service Revenue at December 31, 2021 $ e Textbook and Media This is a partial adjusted trial balance of Ramon...
A partial adjusted trial balance of West Company at January 31, 2021. shows the following. WEST COMPANY Adjusted Trial Balance January 31, 2021 Debit Credit $2,800 9,600 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue $3.200 3.000 3,800 1.600 7.200 8.000 Answer the following questions, assuming the year begins January 1. ✓ Your answer is correct. If the amount in Supplies Expense is the January 31 adjusting entry, and...
E3-7 A partial adjusted trial balance of Piper Company at January 31, 2020, shows the following. PIPER COMPANY ADJUSTED TRIAL BALANCE JANUARY 31, 2020 Credit Debit $ 700 Supplies Prepaid Insurance 2,400 Salaries and Wages Payable $ 800 750 Unearned Service Revenue Supplies Expense Insurance Expense 950 400 Service Revenue 2,000 Instructions Answer the following questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry, and $850 of supplies was...
E3-12
c) if $3,800 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2016? 12 Selected accounts of Holly Company are shown as follows. E3-12 Supplies Expense Journal and adj (LO 2, 3 800 Supplies 650 7/31 7/1 Bal. 7/10 Salaries and Wages Payable 7/31 1,100 7/31 800 1,200 Accounts Receivable Unearned Service Revenue 7/31 500 7/31 1,150 7/1 Bal. 1,500 1,000 7/20 Salaries and Wages Expense Service Revenue 7/15 7/31...
A partial adjusted trial balance of Swifty Company at January
31, 2020, shows the following.
SWIFTY COMPANY
ADJUSTED TRIAL BALANCE
JANUARY 31, 2020
Debit
Credit
Supplies
$820
Prepaid Insurance
3,120
Salaries and Wages Payable
$920
Unearned Service Revenue
870
Supplies Expense
950
Insurance Expense
520
Salaries and Wages Expense
1,920
Service Revenue
2,120
Answer the following questions, assuming the year begins January 1.
If the amount in Supplies Expense is the January 31 adjusting
entry, and $850 of supplies was...
X AutoSave 6 2 Project 1 Basic Excel Wilhelm 520 2.1 Saved - File Home Insert Draw - Page Layout Formulas Data Review View Help Liberation Sans - 12 AA 2 Number Paste BIU A 2 $ -% 9 438-68 Conditio Formatt Clipboard Font Alignment Number E36 - X f Value AB 1 E4-14 Analyze adiusted data 2 This is a partial adjusted trial balance of Ramon Company RAMON COMPANY Adjusted Trial Balance January 31, 2017 Credit Supplies Prepaid Insurance...
Exercise 3-07 A partial adjusted trial balance of Marigold Company at January 31, 2020, shows the following. Credit MARIGOLD COMPANY ADJUSTED TRIAL BALANCE JANUARY 31, 2020 Debit Supplies $830 Prepaid Insurance 3,180 Salaries and Wages Payable Unearned Service Revenue Supplies Expense 950 Insurance Expense 530 Salaries and Wages Expense 1,930 Service Revenue $930 880 2,130 Answer the following questions, assuming the year begins January 1. If the amount in Supplies Expense is the January 31 adjusting entry, and $850 of...
A partial adjusted trial balance of Sheffield Corp. at January 31, 2019, shows the following. Sheffield Corp. Adjusted Trial Balance January 31, 2019 Debit $ 900 2,400 $ 800 850 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Service Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue 900 400 3,000 2,000 Answer the following questions, assuming the year begins January 1. If the amount in Supplies Expense is the January 31 adjusting entry and $1,200 of supplies...
2. Eastline Inc. at January 31, 2019, shows the following Eastline Inc Adjusted Trial Balance Partial) January 31, 2019 Credit Debit Supplies S 2,800 Prepaid Insurance 9.600 Salaries and Wages Payable Uneamed Revenue Supplies Expense 3.800 Insurance Expense Salaries and Wages Expense 7,200 Service Revenue $3,200 3,000 8,000 Instructions (20 pts) Answer the following questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry, and $3,400 of supplies was purchased...
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