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Stormy Supply Store Trial Balance 31-Dec-22 $30,000 27,000 50,800 1,500 800 560 128,000 Cash Accounts receivable...
The Sport Store uses a perpetual inventory system. The following transactions occurred during April 2022: April...
The Sport Store uses a perpetual inventory system. The following transactions occurred during April 2022: April 2 Purchased merchandise from Rough Co. for $5,600 under credit terms of 1/15, n/30, FOB factory. 3 Paid $285 for shipping charges on the April 2nd purchase. 5 Sold merchandise to Fit Co. for $3,900 under credit terms of 2/10, n/30, FOB shipping point. The cost of the merchandise was $1,400. 6 Received a $800 credit memorandum acknowledging the return of merchandise purchased on...
Baltic Supplies Unadjusted Trial Balance as at December 31st, 2018 is as follows: cash 620,000 Accounts receivable 410,0...
Baltic Supplies Unadjusted Trial Balance as at December 31st, 2018 is as follows: cash 620,000 Accounts receivable 410,000 Merchandise Inventory 480,000 Store Supplies 144,800 prepaid insurance expense 840,000 Building and equipment 2,000,000 Accumulated Depreciation-Building and Equipment 976,000 Accounts Payable 680,000 Travelling Expense Payable Unearned sales Revenue 450,000 Note Payable-Long Term 213,800 Baltic,Capital 1,700,000 Baltic withdrawal 35,000 Sales revenue earned 2,550,500 Sales discount 45,100 sales returns and allowances 62,500 cost of goods sold 401,000 salaries expense 430,000 telephone expense 85,000 Depreciation...
Label as financing, operating, investing activities. Cash Investment Securities--AFS Accrured Interest Receivable Accounts Receivable Allowance for...
Label as financing, operating, investing activities. Cash Investment Securities--AFS Accrured Interest Receivable Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Prepaid Insurance Store Supplies Land Building Accumulated Depreciation: Building Office & Store Equipment Accumulated Depreciation: Office & Store Equipment Delivery Trucks Accumulated Depreciation: Delivery Trucks Accounts Payable FICA Taxes Payable Withholding Taxes Payable Unemployment Taxes Payable Union Dues Payable Salaries & Wages Payable Accrued Utilities Payable Income taxes payable Mortgage Payable Accrued Interest Payable Common Stock PIC in Excess of...
PROBLEM #1 OUTDOORS, INC. Adjusted Trial Balance December 31, 2019 Debit($) Credit($). Cash 12,400 Accounts receivable...
PROBLEM #1 OUTDOORS, INC. Adjusted Trial Balance December 31, 2019 Debit($) Credit($). Cash 12,400 Accounts receivable 18,600 Supplies 4,200 Prepaid Insurance 2.930 Office Equipment 70,000 Accumulated depreciation 13,000 Building 80,000 Accumulated depreciation 20,000 Land 60,000 Bonds Payable 120,000 Accounts payable 17,100 Unearned subscription revenue 15,000 Salaried Payable 3,500 Common Stock 35,000 Retained Earnings 21,400 Subscription Revenue 195,700 Advertising Revenue 39,300 Salaries Expense 125,410 Printing and mailing expense 80,800 Rent Expense 9,100 Supplies Expense 6,600 Insurance Expense 1,860 Depreciation Expense 5,600...
Trial balance as of dec 1,2018 Cash 405,653 Accounts Receivable 615,000 Allowance for Doubtful...
Trial balance as of dec 1,2018 Cash 405,653 Accounts Receivable 615,000 Allowance for Doubtful Accounts 4,600 Marketable Securities 18,000 Inventory 100,000 Prepaid Rent 40,600 Prepaid Insurance 38,500 Supplies 3,600 Equipment 150,000 Accumulated Depreciation Equipment 37,500 Truck 56,500 Accumulated Depreciation Truck 15,875 Land 35,000 Patents 75,000 Accounts Payable 183,300 Salaries Payable 36,000 Payroll Taxes Payable 8,000 Income Tax Payable 19,585 Note Payable -short...
Trevor Company has the following adjusted trial balance at December 31, 2019: Account Cash Accounts Receivable...
Trevor Company has the following adjusted trial balance at December 31, 2019: Account Cash Accounts Receivable Inventory Supplies Prepaid Rent Land Building Accumulated Depreciation-Building Accounts Payable Debit $1,000 800 ,900 1,800 700 6,500 39,200 Credit $8,800 7,400 O A. $21,100 B. $20,200 O c. $24,200 O D. $23,300 Click to select your answer. Accounts Payable Unearned Revenue 7,400 3,700 2,200 6,500 3,100 Notes Payable, due 2020 Common Stock Retained Earnings Dividends Service Revenue Rent Expense Supplies Expense Salaries Expense Depreciation...
J. Torn Trial Balance March 31, 2017 Account Titles Dr. Cr. Cash 22 Accounts Receivable 10...
J. Torn Trial Balance March 31, 2017 Account Titles Dr. Cr. Cash 22 Accounts Receivable 10 Prepaid Insurance 11 8 9 Store Supplies Store Equipment Accumulated Depreciation, Store Equipment Accounts Payable 2 6 J. Torn, Capital 29 J. Torn, Withdrawals 4 Revenue from Clients 38 Rent Expense 9 2 Wage Expense 75 75 Totals a. b. Depreciation expense, store equipment, $5. Insurance expired, $5. Store supplies on hand, $5. Wages owed, but not paid for (they are an expense in...
Ramirez and Xue Trial Balance December 31, 20Y2 Debit Balances Credit Balances Cash 46,200 Accounts Receivable...
Ramirez and Xue Trial Balance December 31, 20Y2 Debit Balances Credit Balances Cash 46,200 Accounts Receivable 44,000 Supplies 1,700 Land 110,000 Building 120,100 Accumulated Depreciation—Building 68,800 Office Equipment 50,600 Accumulated Depreciation—Office Equipment 21,300 Accounts Payable 32,800 Salaries Payable 3,500 Camila Ramirez, Capital 110,000 Camila Ramirez, Drawing 49,500 Ping Xue, Capital 66,000 Ping Xue, Drawing 71,500 Professional Fees 399,600 Salary Expense 160,600 Depreciation Expense—Building 15,900 Property Tax Expense 9,900 Heating and Lighting Expense 7,900 Supplies Expense 5,700 Depreciation Expense—Office Equipment 5,000...
Cold Cllmate Unadjusted Trial Balance December 31 Debit Account Credit Cash $95,000 Accounts Receivable 171,000 129,950...
Cold Cllmate Unadjusted Trial Balance December 31 Debit Account Credit Cash $95,000 Accounts Receivable 171,000 129,950 Inventory Store Supplies Office Supplies Accum Depreciation -Store Fixtures 2,600 2,050 1,300 Accum Depreciation- Office Furniture Accounts Payable Retained Earnings 4,230 83,000 297,670 Sales 943,755 Sales Discounts 9,500 Sales Returns and Allowances 18,500 Cost of Goods Sold 527,215 Rent Expense- Office Rent Expense - Selling Sales Salary Expense 22,900 6,000 191,000 146,000 Office Salary Expense Delivery Expense Depreciation Expense- Store Fixtures Depreciation Expense- Office...
The adjusted trial balance for Chiara Company as of December 31 follows. Cash $ 199,100 Accounts...
The adjusted trial balance for Chiara Company as of December 31 follows. Cash $ 199,100 Accounts receivable 51,000 Interest receivable 19,000 Notes receivable (due in 90 days) 171,500 Office supplies 15,500 Automobiles 167,000 Accumulated depreciation—Automobiles $ 50,000 Equipment 142,000 Accumulated depreciation—Equipment 22,000 Land 78,000 Accounts payable 104,000 Interest payable 15,000 Salaries payable 19,000 Unearned fees 32,000 Long-term notes payable 146,000 R. Chiara, Capital 345,800 R. Chiara, Withdrawals 51,000 Fees earned 574,000 Interest earned 36,000 Depreciation expense—Automobiles 26,000 Depreciation expense—Equipment 19,000...
The Sport Store uses a perpetual inventory system. The following transactions occurred during April 2022: April 2 Purchased merchandise from Rough Co. for $5,600 under credit terms of 1/15, n/30, FOB factory. 3 Paid $285 for shipping charges on the April 2nd purchase. 5 Sold merchandise to Fit Co. for $3,900 under credit terms of 2/10, n/30, FOB shipping point. The cost of the merchandise was $1,400. 6 Received a $800 credit memorandum acknowledging the return of merchandise purchased on...
PROBLEM #1 OUTDOORS, INC. Adjusted Trial Balance December 31, 2019 Debit($) Credit($). Cash 12,400 Accounts receivable 18,600 Supplies 4,200 Prepaid Insurance 2.930 Office Equipment 70,000 Accumulated depreciation 13,000 Building 80,000 Accumulated depreciation 20,000 Land 60,000 Bonds Payable 120,000 Accounts payable 17,100 Unearned subscription revenue 15,000 Salaried Payable 3,500 Common Stock 35,000 Retained Earnings 21,400 Subscription Revenue 195,700 Advertising Revenue 39,300 Salaries Expense 125,410 Printing and mailing expense 80,800 Rent Expense 9,100 Supplies Expense 6,600 Insurance Expense 1,860 Depreciation Expense 5,600...
Trevor Company has the following adjusted trial balance at December 31, 2019: Account Cash Accounts Receivable Inventory Supplies Prepaid Rent Land Building Accumulated Depreciation-Building Accounts Payable Debit $1,000 800 ,900 1,800 700 6,500 39,200 Credit $8,800 7,400 O A. $21,100 B. $20,200 O c. $24,200 O D. $23,300 Click to select your answer. Accounts Payable Unearned Revenue 7,400 3,700 2,200 6,500 3,100 Notes Payable, due 2020 Common Stock Retained Earnings Dividends Service Revenue Rent Expense Supplies Expense Salaries Expense Depreciation...
J. Torn Trial Balance March 31, 2017 Account Titles Dr. Cr. Cash 22 Accounts Receivable 10 Prepaid Insurance 11 8 9 Store Supplies Store Equipment Accumulated Depreciation, Store Equipment Accounts Payable 2 6 J. Torn, Capital 29 J. Torn, Withdrawals 4 Revenue from Clients 38 Rent Expense 9 2 Wage Expense 75 75 Totals a. b. Depreciation expense, store equipment, $5. Insurance expired, $5. Store supplies on hand, $5. Wages owed, but not paid for (they are an expense in...
Cold Cllmate Unadjusted Trial Balance December 31 Debit Account Credit Cash $95,000 Accounts Receivable 171,000 129,950 Inventory Store Supplies Office Supplies Accum Depreciation -Store Fixtures 2,600 2,050 1,300 Accum Depreciation- Office Furniture Accounts Payable Retained Earnings 4,230 83,000 297,670 Sales 943,755 Sales Discounts 9,500 Sales Returns and Allowances 18,500 Cost of Goods Sold 527,215 Rent Expense- Office Rent Expense - Selling Sales Salary Expense 22,900 6,000 191,000 146,000 Office Salary Expense Delivery Expense Depreciation Expense- Store Fixtures Depreciation Expense- Office...
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