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3.docx Times New ... 11 BIU A. A 3. REM Consulting is completing the accounting information...
3. REM Consulting is completing the accounting information processing at the end of the fiscal year,...
3. REM Consulting is completing the accounting information processing at the end of the fiscal year, December 31. The following trial balances are available. Accounts Unadjusted Adjusted Trial Balance Trial Balance Debit Credit Debit Credit Cash 13,000 13,000 Accounts Receivable 1,500 1,800 Prepaid Insurance 600 200 Supplies 3,800 3,000 Machines 30,000 30,000 Accumulated Depreciation 12,000 17,500 Wages Payable 900 Unearned Fees 6,700 6,500 Owner's Capital 24,000 24,000 Owner's Drawing 4,800 4,800 Fees Earned 25,000 25,500 Wages Expense 14,000 14,900 Depreciation...
Calculator Instruction Chart of Accounts General Journal Final Question Instruction REM Consulting is completing the accounting...
Calculator Instruction Chart of Accounts General Journal Final Question Instruction REM Consulting is completing the accounting information processing at the end of the fiscal year, December 31. The following trial balances are available Accounts Unadjusted Trial Adjusted Trial Debit Credit Debit Credit Cash 13,000 13,000 Accounts Receivable 1,500 1,800 Prepaid Insurance 600 200 Supplies 3,800 3,000 Machines 30,000 30,000 Accumulated Depreciation 12,000 17,500 Wages Payable 900 Uneamed Fees 6,700 6,500 Common stock 24,000 24,000 Dividends 4.800 4,800 Fees Earned 25,000...
2. Prepare adjusting entries for the following transactions: (a) The beginning balance of the supplies account...
2. Prepare adjusting entries for the following transactions: (a) The beginning balance of the supplies account was $245. During the month the company bought additional supplies in the amount of $735. At the end of the month a physical inventory showed S343 of unused supplies. The company has a 12% note payable in the amount of $17,000 due in six months. The interest expense of $170 for the month has not been recorded. c) The company has two employees. The...
Prepare adjusting entries for the following transactions The beginning balance of the supplies account was $345....
Prepare adjusting entries for the following transactions The beginning balance of the supplies account was $345. During the month the company bought additional supplies in the amount of $735. At the end of the month physical inventory showed $343 of unused supplies The company has a 12% note payable in the amount of S17,000 due in six months. The interest expense of $170 for the month has not been recorded The company has two employees. The manager is paid on...
t Format Tools Table Window Help 98% Module 2 - Chapter 3 - Excercise 3 [Compatibility...
t Format Tools Table Window Help 98% Module 2 - Chapter 3 - Excercise 3 [Compatibility Mode] Layout References Mailings Review View - A A Аа x ADA EM AaBb AaBbce AaBb CcDe Aalbcdi Heading Heading a Headings Heading ABCD 1. Listed below are accounts to use for transactions (a) through (), each identified by a number. Following this list are the transactions. You are to indicate for each transaction the accounts that should be debited and credited by placing...
Required information Problem 3-4A Interpreting unadjusted and adjusted trial balances, and preparing financial statements LO P1,...
Required information Problem 3-4A Interpreting unadjusted and adjusted trial balances, and preparing financial statements LO P1, P2, P3 The following information applies to the questions displayed below.) A six-column table for JKL Company follows. The first two columns contain the unadjusted trial balance for the company as of July 31, 2017. The last two columns contain the adjusted trial balance as of the same date. Unad justed Trial Balance $ 90,400 12,000 17,800 6.640 90,000 $ 24,000 10,100 0 Cash...
Required information Problem 3-4A Interpreting unadjusted and adjusted trial balances, and preparing financial statements LO P1,...
Required information Problem 3-4A Interpreting unadjusted and adjusted trial balances, and preparing financial statements LO P1, P2, P3 The following information applies to the questions displayed below] A six-column table for JKL Company follows. The first two columns contain the unadjusted trial balance for the company as of July 31, 2017. The last two columns contain the adjusted trial balance as of the same date. Adjusted Trial Balance $ 90,400 19,000 Unadjusted Trial Balance $ 90,400 12,000 17,800 6,640 90,000...
Problem 3 J.V. Company prepared the following end-of period spreadsheet at December 31, 2019, the end of the fisc...
Problem 3 J.V. Company prepared the following end-of period spreadsheet at December 31, 2019, the end of the fiscal year G Hi B C D E Unadjusted Trial Balance Debit 40,000 Adjusting Entries Credit Adjusted Trial Balance 1 Debit Credit Credit Debit 2 ఉ0 3 Cash 35,000 4 Accounts Receivable 5 Prepaid Insurance 6 Supplies 7 Land 15,000 20,000 a 4,000 11,000 15,000- 80,000- 150.000 20,000 60,000 150,000 200,000 200,000 8 Building 9 Accum. Depr.-Building 10 Accounts Payable 11 Wages...
Calculator Dana Bowen Company is completing its first year of operations on April 30. Reconstruct the...
Calculator Dana Bowen Company is completing its first year of operations on April 30. Reconstruct the entries for the year ended April 30 from the T accounts below. Record them, assigning labels to each transaction, as follows: Cash Supplies Prepaid Insurance Accounts Receivable 1,250 3851 870 6,500 900 1,940 540 725 400 420 1,940 2,500 50 350 930 Equipment Accounts Payable Wages Payable Accumulated Depreciation 2,500 970 Unearned Revenue Dana Bowen, Capital Dana Bowen, Drawing 930 590 2500 Fees Earned...
Problem 3-06 The following are the trial balance and the other information related to Kenneth Consulting...
Problem 3-06 The following are the trial balance and the other information related to Kenneth Consulting Engineer. Credit $817 KENNETH CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2020 Debit Cash $29,500 Accounts Receivable 57,200 Allowance for Doubtful Accounts Supplies 1,500 Prepaid Insurance 1,270 Equipment 29,700 Accumulated Depreciation Equipment Notes Payable Common Stock Retained Earnings Service Revenue Rent Expense 10,621 Salaries and Wages Expense 34,650 Utilities Expenses 1,680 Office Expense 680 $166,801 5,759 7,200 10,000 22,092 120,933 $166,801 1. Fees received in...
3. REM Consulting is completing the accounting information processing at the end of the fiscal year, December 31. The following trial balances are available. Accounts Unadjusted Adjusted Trial Balance Trial Balance Debit Credit Debit Credit Cash 13,000 13,000 Accounts Receivable 1,500 1,800 Prepaid Insurance 600 200 Supplies 3,800 3,000 Machines 30,000 30,000 Accumulated Depreciation 12,000 17,500 Wages Payable 900 Unearned Fees 6,700 6,500 Owner's Capital 24,000 24,000 Owner's Drawing 4,800 4,800 Fees Earned 25,000 25,500 Wages Expense 14,000 14,900 Depreciation...
Calculator Instruction Chart of Accounts General Journal Final Question Instruction REM Consulting is completing the accounting information processing at the end of the fiscal year, December 31. The following trial balances are available Accounts Unadjusted Trial Adjusted Trial Debit Credit Debit Credit Cash 13,000 13,000 Accounts Receivable 1,500 1,800 Prepaid Insurance 600 200 Supplies 3,800 3,000 Machines 30,000 30,000 Accumulated Depreciation 12,000 17,500 Wages Payable 900 Uneamed Fees 6,700 6,500 Common stock 24,000 24,000 Dividends 4.800 4,800 Fees Earned 25,000...
2. Prepare adjusting entries for the following transactions: (a) The beginning balance of the supplies account was $245. During the month the company bought additional supplies in the amount of $735. At the end of the month a physical inventory showed S343 of unused supplies. The company has a 12% note payable in the amount of $17,000 due in six months. The interest expense of $170 for the month has not been recorded. c) The company has two employees. The...
Prepare adjusting entries for the following transactions The beginning balance of the supplies account was $345. During the month the company bought additional supplies in the amount of $735. At the end of the month physical inventory showed $343 of unused supplies The company has a 12% note payable in the amount of S17,000 due in six months. The interest expense of $170 for the month has not been recorded The company has two employees. The manager is paid on...
t Format Tools Table Window Help 98% Module 2 - Chapter 3 - Excercise 3 [Compatibility Mode] Layout References Mailings Review View - A A Аа x ADA EM AaBb AaBbce AaBb CcDe Aalbcdi Heading Heading a Headings Heading ABCD 1. Listed below are accounts to use for transactions (a) through (), each identified by a number. Following this list are the transactions. You are to indicate for each transaction the accounts that should be debited and credited by placing...
Required information Problem 3-4A Interpreting unadjusted and adjusted trial balances, and preparing financial statements LO P1, P2, P3 The following information applies to the questions displayed below.) A six-column table for JKL Company follows. The first two columns contain the unadjusted trial balance for the company as of July 31, 2017. The last two columns contain the adjusted trial balance as of the same date. Unad justed Trial Balance $ 90,400 12,000 17,800 6.640 90,000 $ 24,000 10,100 0 Cash...
Required information Problem 3-4A Interpreting unadjusted and adjusted trial balances, and preparing financial statements LO P1, P2, P3 The following information applies to the questions displayed below] A six-column table for JKL Company follows. The first two columns contain the unadjusted trial balance for the company as of July 31, 2017. The last two columns contain the adjusted trial balance as of the same date. Adjusted Trial Balance $ 90,400 19,000 Unadjusted Trial Balance $ 90,400 12,000 17,800 6,640 90,000...
Problem 3 J.V. Company prepared the following end-of period spreadsheet at December 31, 2019, the end of the fiscal year G Hi B C D E Unadjusted Trial Balance Debit 40,000 Adjusting Entries Credit Adjusted Trial Balance 1 Debit Credit Credit Debit 2 ఉ0 3 Cash 35,000 4 Accounts Receivable 5 Prepaid Insurance 6 Supplies 7 Land 15,000 20,000 a 4,000 11,000 15,000- 80,000- 150.000 20,000 60,000 150,000 200,000 200,000 8 Building 9 Accum. Depr.-Building 10 Accounts Payable 11 Wages...
Calculator Dana Bowen Company is completing its first year of operations on April 30. Reconstruct the entries for the year ended April 30 from the T accounts below. Record them, assigning labels to each transaction, as follows: Cash Supplies Prepaid Insurance Accounts Receivable 1,250 3851 870 6,500 900 1,940 540 725 400 420 1,940 2,500 50 350 930 Equipment Accounts Payable Wages Payable Accumulated Depreciation 2,500 970 Unearned Revenue Dana Bowen, Capital Dana Bowen, Drawing 930 590 2500 Fees Earned...
Problem 3-06 The following are the trial balance and the other information related to Kenneth Consulting Engineer. Credit $817 KENNETH CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2020 Debit Cash $29,500 Accounts Receivable 57,200 Allowance for Doubtful Accounts Supplies 1,500 Prepaid Insurance 1,270 Equipment 29,700 Accumulated Depreciation Equipment Notes Payable Common Stock Retained Earnings Service Revenue Rent Expense 10,621 Salaries and Wages Expense 34,650 Utilities Expenses 1,680 Office Expense 680 $166,801 5,759 7,200 10,000 22,092 120,933 $166,801 1. Fees received in...
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