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The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2021, trial balances contained the following account information: Supplies Prepaid insurance Salaries payable Deferred rent revenue Nov 30 Dr. Cr. 3,400 7,900 19,500 5,800 Dec. 31 Dr. Or. 4,900 5,450 16,900 2,900 The following information also is known: a. The December income statement reported $3,900 in supplies expense. b. No insurance payments were made in December. C. $19,500 was paid to employees...
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Item 6
Item 6 2 points
The Righter Shoe Store Company prepares monthly financial
statements for its bank. The November 30 and December 31, 2021,
trial balances contained the following account information:
Nov. 30
Dec. 31
Dr.
Cr.
Dr.
Cr.
Supplies
3,400
4,900
Prepaid insurance
7,900
5,450
Salaries payable
19,500
16,900
Deferred rent revenue
5,800
2,900
The following information also is known:
The December income statement reported $3,900 in supplies
expense.
No insurance payments were made in...
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The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2021, trial balances contained the following account information: Supplies Prepaid insurance Salaries payable Deferred rent revenue Nov. 30 Dr. Cr 1,5ee 6,000 10,000 2,000 Dec. 31 Dr. Cr 3,800 4,500 15,000 1. eee The following information also is known: a. The December income statement reported $2,000 in supplies expense. b. No insurance payments were made in December c. $10,000 was paid to...
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The Righter Shoe Store Company prepares monthly financial statements for Its bank. The November 30 and December 31, 2021, trial balances contalned the following account Information: Nov. 30 Dec. 31 Dr. Cr. Dr. Cr. Supplies Prepaid insurance Salaries payable 2,8ee 4, 300 7,30e 5,150 16,5ee 16, 300 Deferred rent revenue 2,300 4,600 The following Informatlon also is known: a. The December Income statement reported $3,300 in supplies expense. b. No Insurance payments were made in December. c. $16,500 was pald...
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The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2021, trial balances contained the following account information: Supplies Prepaid insurance Salarios payable Deferred rent revenue - Nov. 30 -- Dec. 31 Dr. Cr. Dr. Cr. 3,200 4,700 7,700 5,350 18,500 16,700 5,400 2,700 The following information also is known: a. The December income statement reported $3,700 in supplies expense. b. No insurance payments were made in December. c. $18,500 was paid...
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The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2018, trial balances contained the following account information: Supplies Prepaid insurance Salaries and wages payable Deferred rent revenue Nov. 30 Dr. Cr. 1,500 6,000 10,000 2,000 Dec. 31 Dr. Cr. 3,000 4,500 15,000 1,000 The following information also is known: a. The December income statement reported $2,000 in supplies expense. b. No insurance payments were made in December. c. $10,000 was paid...
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The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2021, trial balances contained the following account information: CE. Supplies Prepaid insurance Salaries payable Deferred rent revenue Nov. 30 Dr. 2,000 6,500 12,500 3,000 Dec. 31 Dr. 3,500 4,750 15,500 1,500 The following information also is known: a. The December income statement reported $2,500 in supplies expense. b. No insurance payments were made in December c. $12,500 was paid to employees during...
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The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2021, trial balances contained the following account information:The following information also is known:a. The December income statement reported $3,300 in supplies expense.b. No insurance payments were made in December.c. $16,500 was paid to employees during December for salaries.d. On November 1, 2021, a tenant paid Righter $6,900 in advance rent for the period November through January. Deferred rent revenue was credited.Required:1. Using...
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The Righter Shoe Store Company prepares monthly financial
statements for its bank. The November 30 and December 31, 2021,
trial balances contained the following account information:
Nov. 30
Dec. 31
Dr.
Cr.
Dr.
Cr.
Supplies
1,600
3,100
Prepaid insurance
6,100
4,550
Salaries payable
10,500
15,100
Deferred rent revenue
2,200
1,100
The following information also is known:
The December income statement reported $2,100 in supplies
expense.
No insurance payments were made in December.
$10,500 was paid to employees during December for...
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The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2021. trial balances contained the following account information: The following information also is known: a. The December income statement reported $2.100 in supplies expense. b. No insurance payments were made in December c. $10.500 was paid to employees during December for salaries. d. On November 1, 2021, a tenant paid Righter $3,300 in advance rent for the period November through January. Deferred rent revenue was credited. Required: .1. Using...
The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2021, trial balances contained the following account information: Supplies Prepaid insurance Salaries payable Deferred rent revenue Nov 30 Dr. Cr. 3,400 7,900 19,500 5,800 Dec. 31 Dr. Or. 4,900 5,450 16,900 2,900 The following information also is known: a. The December income statement reported $3,900 in supplies expense. b. No insurance payments were made in December. C. $19,500 was paid to employees...
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Item 6
Item 6 2 points
The Righter Shoe Store Company prepares monthly financial
statements for its bank. The November 30 and December 31, 2021,
trial balances contained the following account information:
Nov. 30
Dec. 31
Dr.
Cr.
Dr.
Cr.
Supplies
3,400
4,900
Prepaid insurance
7,900
5,450
Salaries payable
19,500
16,900
Deferred rent revenue
5,800
2,900
The following information also is known:
The December income statement reported $3,900 in supplies
expense.
No insurance payments were made in...
The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2021, trial balances contained the following account information: Supplies Prepaid insurance Salaries payable Deferred rent revenue Nov. 30 Dr. Cr 1,5ee 6,000 10,000 2,000 Dec. 31 Dr. Cr 3,800 4,500 15,000 1. eee The following information also is known: a. The December income statement reported $2,000 in supplies expense. b. No insurance payments were made in December c. $10,000 was paid to...
The Righter Shoe Store Company prepares monthly financial statements for Its bank. The November 30 and December 31, 2021, trial balances contalned the following account Information: Nov. 30 Dec. 31 Dr. Cr. Dr. Cr. Supplies Prepaid insurance Salaries payable 2,8ee 4, 300 7,30e 5,150 16,5ee 16, 300 Deferred rent revenue 2,300 4,600 The following Informatlon also is known: a. The December Income statement reported $3,300 in supplies expense. b. No Insurance payments were made in December. c. $16,500 was pald...
The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2021, trial balances contained the following account information: Supplies Prepaid insurance Salarios payable Deferred rent revenue - Nov. 30 -- Dec. 31 Dr. Cr. Dr. Cr. 3,200 4,700 7,700 5,350 18,500 16,700 5,400 2,700 The following information also is known: a. The December income statement reported $3,700 in supplies expense. b. No insurance payments were made in December. c. $18,500 was paid...
The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2018, trial balances contained the following account information: Supplies Prepaid insurance Salaries and wages payable Deferred rent revenue Nov. 30 Dr. Cr. 1,500 6,000 10,000 2,000 Dec. 31 Dr. Cr. 3,000 4,500 15,000 1,000 The following information also is known: a. The December income statement reported $2,000 in supplies expense. b. No insurance payments were made in December. c. $10,000 was paid...
The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2021, trial balances contained the following account information: CE. Supplies Prepaid insurance Salaries payable Deferred rent revenue Nov. 30 Dr. 2,000 6,500 12,500 3,000 Dec. 31 Dr. 3,500 4,750 15,500 1,500 The following information also is known: a. The December income statement reported $2,500 in supplies expense. b. No insurance payments were made in December c. $12,500 was paid to employees during...