Question

	Trial Balance			Adjustments			Trial Balance
Account Names	Debit	Credit	Debit		Credit		Debit	Credit
Cash	$3,600
Accounts Receivable	6,400
Office Supplies	2,200
Prepaid Insurance	2,400
Equipment	28,000
Accumulated Depreciation-Equipment		$8,500
Accounts Payable		5,100
Salaries Payable
Common Stock		12,200
Dividends	27,000
Service Revenue		73,000
Depreciation Expense-Equipment
Supplies Expense
Utilities Expense	4,700
Salaries Expense	24,500
Insurance Expense
Total	$98,800	$98,800

a.	As of December​ 31, Ganville had performed $100 of service revenue but has not yet billed customers.
b.	At the end of the​ month, Ganville had $400 of office supplies remaining.
c.	Prepaid Insurance of $2,100 remained.
d.	Depreciation​ expense, $3,700.
e.	Accrued salaries expense of $300 that​ hasn't been paid yet

As of December​ 31,

Ganville

had performed

$100

of service revenue but has not yet billed customers.

Review the partial worksheet.

LOADING...

Date			Accounts and Explanation	Debit	Credit
(a) Dec. 31

b. At the end of the​ month,

Ganville

had

$400

of office supplies remaining.

Review the partial worksheet.

LOADING...

Date			Accounts and Explanation	Debit	Credit
(b) Dec. 31

c. Prepaid Insurance of

$2,100

remained.

Review the partial worksheet.

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Date			Accounts and Explanation	Debit	Credit
(c) Dec. 31

d. Depreciation​ expense,

$3,700.

Review the partial worksheet.

LOADING...

Date			Accounts and Explanation	Debit	Credit
(d) Dec. 31

e. Accrued salaries expense of

$300

that​ hasn't been paid yet.

Review the partial worksheet.

LOADING...

Date			Accounts and Explanation	Debit	Credit
(e) Dec. 31

Answer 1

Account Names Cash Accounts receivables Office Supplies Prepaid Insurance Equipment Accumulated depreciation - Equipment Accounts Payable Salaries Payable Common stock Dividends Service Revenue Depreciation expenses - Equipment Supplies Expenses Utilities Expenses Salaries Expense Insurance Expense Totals Trial Balance Adjustements Debit Credit Debit Credit $ 3,600 $ $ 6,400 $ 100 $ $ 2,200 $ 1,800 $ $ 2,400 $ 300 $ $ 28,000 $ $ 8,500 $ 3,700 $ 5,100 $ 300 $ 12,200 $ 27,000 $ $ 73,000 $ 100 $ 3,700 $ $ 1,800 $ $ 4,700 $ $ 24,500 $ 300 $ $ 300 $ $ 98,800 $ 98,800 $ 6,200 $ 6,200 $ Trial Balance Debit Credit 3,600 6,500 400 2,100 28,000 $ 12.200 $ 5,100 $ 300 $ 12,200 27,000 $ 73,100 3,700 1,800 4,700 24,800 300 102,900 $102,900

credit Debit $ 100 Date Accounts and Explanation (a) Dec. 31 Accounts Receivables Service Revenue (Being service revenue recorded) $ 100 $ 1,800 (b) Dec. 31 Supplies Expenses Office Supplies (Being supplies expenses recorded) $ 1,800 $ 300 (c) Dec.31 Insurance Expense Prepaid Insurance (Being Insurance Expenses recorded) $ 300 $ 3,700 (d) Dec.31 Depreciation Expenses - Equipment Accumulated depreciation - Equipment (Being Depreciation Expenses recorded) $ 3,700 $ 300 (e). Dec. 31 Salaries Expense Salaries Payable (Being Salaries Expense recorded) $ 300