Homework Answers
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DESOUSA COMPANY |
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Adjusted Trial Balance |
Income Statement |
Balance Sheet |
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Account Titles |
Dr. |
Cr. |
Dr. |
Cr. |
Dr. |
Cr. |
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| Cash | 16,000 |
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16,000 |
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| Accounts Receivable | 18,500 |
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18,500 |
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| Equipment | 76,000 |
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76,000 |
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| Accumulated Depreciation—Equip. | 24,000 |
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24,000 |
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| Notes Payable | 16,000 |
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16,000 | ||||||||
| Common Stock | 43,000 |
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43,000 | ||||||||
| Retained Earnings | 20,600 |
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20,600 | ||||||||
| Cash Dividends | 8,000 | 8,000 |
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| Service fee earned | 79,000 |
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79,000 |
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| Rent Expense | 18,000 | 18,000 |
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| Salaries Expense | 37,100 | 37,100 |
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| Depreciation Expense | 9,000 | 9,000 |
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| Totals | 182,600 | 182,600 | 72,100 | 79,000 | 110,500 | 103,600 | |||||||
| Net Income | 6,900 |
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6,900 | |||||||||
| Totals | 79,000 | 79,000 |
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110,500 |
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The adjusted trial balance columns of a worksheet for Levitt Corporation are shown below. The worksheet...
Worksheet The adjusted trial balance columns of a worksheet for Frankfurt Corporation are shown below. The...
Worksheet The adjusted trial balance columns of a worksheet for Frankfurt Corporation are shown below. The worksheet is prepared for the year ended December 31 Cash Accounts Receivable Equipment Accumulated Depreciation Notes Payable Common Stock Retained Earnings Cash Dividends Service Fees Eamed Rent Expense Salaries Experte Depreciation Expense Totals Adjusted Trial Balance Debit Credit $32.000 34.500 78.000 $42,000 10,000 43,000 38,600 8.000 99.000 36,000 37.100 7.000 $232,600 $212,600 . Complete the worksheet by (a) entering the adjusted trial balance. (b)...
The adjusted trial balance columns of the worksheet for Bridgeport Company are as follows. Complete the...
The adjusted trial balance columns of the worksheet for
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Complete the worksheet.
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The adjusted trial balance
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Company Worksheet (Partial) For the Month Ended April 30, 2019
Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,900 Accounts
Receivable 7,500 Prepaid Rent 2,000 Equipment 23,000 Accumulated
Depreciation—Equip. 4,700 Notes Payable 5,500 Accounts Payable
5,200 Common Stock 21,110 Retained Earnings 7,000 Dividends 3,900
Service Revenue 15,800 Salaries and Wages Expense 10,500 Rent
Expense 900 Depreciation Expense 610 Interest Expense 80 Interest
Payable 80 Totals...
The adjusted trial balance columns of the worksheet for Blue Spruce Company are as follows: Complete...
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In which columns of a work sheet would the adjusted balance of Accumulated Depreciation appear? Select...
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The adjusted trial balance columns of the worksheet for Grouper Company are as follows. Complete the...
The adjusted trial balance columns of the worksheet for Grouper
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Complete the worksheet
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The adjusted trial balance columns of the worksheet for Grouper Company are as follows. Grouper Company...
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The adjusted trial balance columns of the worksheet for Blue Spruce Company are as follows. Blue...
The adjusted trial balance
columns of the worksheet for Blue Spruce Company are as follows.
Blue Spruce Company Worksheet (Partial) For the Month Ended April
30, 2019 Adjusted Trial Balance Account Titles Dr. Cr. Cash 11,400
Accounts Receivable 7,900 Prepaid Rent 2,100 Equipment 23,300
Accumulated Depreciation—Equip. 4,500 Notes Payable 5,500 Accounts
Payable 4,800 Common Stock 22,290 Retained Earnings 7,810 Dividends
3,500 Service Revenue 15,800 Salaries and Wages Expense 10,900 Rent
Expense 900 Depreciation Expense 700 Interest Expense 60 Interest
Payable...
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. Complete the...
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The trial balance columns of the worksheet for Monty at March 31, 2019, are as follows....
The trial balance columns of the worksheet for Monty at March 31, 2019, are as follows. Cr. Monty Worksheet For the Month Ended March 31, 2019 Trial Balance Account Titles Dr. Cash 4,800 Accounts Receivable 3,000 Supplies 2,500 Equipment 11,440 Accumulated Depreciation, 1,300 Equipment Accounts Payable 2,400 Unearned Service Revenue 700 Common Stock 11,020 Retained Earnings 3,100 Dividends 1,100 Service Revenue 6,000 Salaries and Wages Expense 1,300 Miscellaneous Expense 380 24,520 24,520 Other data: 1. A physical count reveals only...
Worksheet The adjusted trial balance columns of a worksheet for Frankfurt Corporation are shown below. The worksheet is prepared for the year ended December 31 Cash Accounts Receivable Equipment Accumulated Depreciation Notes Payable Common Stock Retained Earnings Cash Dividends Service Fees Eamed Rent Expense Salaries Experte Depreciation Expense Totals Adjusted Trial Balance Debit Credit $32.000 34.500 78.000 $42,000 10,000 43,000 38,600 8.000 99.000 36,000 37.100 7.000 $232,600 $212,600 . Complete the worksheet by (a) entering the adjusted trial balance. (b)...
The adjusted trial balance columns of the worksheet for
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Complete the worksheet.
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The adjusted trial balance
columns of the worksheet for Ayayai Company are as follows. Ayayai
Company Worksheet (Partial) For the Month Ended April 30, 2019
Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,900 Accounts
Receivable 7,500 Prepaid Rent 2,000 Equipment 23,000 Accumulated
Depreciation—Equip. 4,700 Notes Payable 5,500 Accounts Payable
5,200 Common Stock 21,110 Retained Earnings 7,000 Dividends 3,900
Service Revenue 15,800 Salaries and Wages Expense 10,500 Rent
Expense 900 Depreciation Expense 610 Interest Expense 80 Interest
Payable 80 Totals...
The adjusted trial balance columns of the worksheet for Blue Spruce Company are as follows: Complete the worksheet Blue Spruce Company Worksheet (Partial) Adjusted Trial Balance Income Statement Balano Account Titles Dr. Cr. Dr. Cr. Dr. Cash 10,000 Accounts Receivable 7.200 Prepaid Rent 2,000 Equipment 22,900 5,000 5,800 Accumulated Depreciation -Equip Notes Payable Accounts Payable Common Stock 5,500 18,040 MacBook Air 5,500 Toyo Accounts Payable Common Stock Retained Earnings 18,040 8.340 Dividends 3,700 15,500 15.500 10.980 700 Service Revenue Salaries...
The adjusted trial balance columns of the worksheet for Grouper
Company are as follows.
Complete the worksheet
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The adjusted trial balance columns of the worksheet for Grouper Company are as follows. Grouper Company Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr Cash 10,000 Accounts Receivable 7,800 Prepaid Rent 2,160 Equipment 23,100 Accumulated Depreciation-Equip. 5.500 Notes Payable 5,700 Accounts Payable 5,500 Common Stock 18.420 Retained Earnings 7,800 Dividends 3,500 Service Revenue 16,000 Salaries and Wages Expense 10,760 Rent Expense 900 Depreciation Expense 700 Interest Expense 70 Interest Payable 70 Totals...
The adjusted trial balance
columns of the worksheet for Blue Spruce Company are as follows.
Blue Spruce Company Worksheet (Partial) For the Month Ended April
30, 2019 Adjusted Trial Balance Account Titles Dr. Cr. Cash 11,400
Accounts Receivable 7,900 Prepaid Rent 2,100 Equipment 23,300
Accumulated Depreciation—Equip. 4,500 Notes Payable 5,500 Accounts
Payable 4,800 Common Stock 22,290 Retained Earnings 7,810 Dividends
3,500 Service Revenue 15,800 Salaries and Wages Expense 10,900 Rent
Expense 900 Depreciation Expense 700 Interest Expense 60 Interest
Payable...
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. Complete the worksheet PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Income Statement Adjusted Trial Balance Balan Account Titles Dr. Cr. Dr. Cr. Dr. Cash 11,700 Accounts Receivable 7,300 Prepaid Rent 2.000 23,300 5,100 5,800 Equipment Accumulated Depreciation --Equipment Notes Payable Accounts Payable Owner's Capital Owner's Drawings 5.500 28,250 3,400 15,000 10,500 Drawings Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense...
The trial balance columns of the worksheet for Monty at March 31, 2019, are as follows. Cr. Monty Worksheet For the Month Ended March 31, 2019 Trial Balance Account Titles Dr. Cash 4,800 Accounts Receivable 3,000 Supplies 2,500 Equipment 11,440 Accumulated Depreciation, 1,300 Equipment Accounts Payable 2,400 Unearned Service Revenue 700 Common Stock 11,020 Retained Earnings 3,100 Dividends 1,100 Service Revenue 6,000 Salaries and Wages Expense 1,300 Miscellaneous Expense 380 24,520 24,520 Other data: 1. A physical count reveals only...
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