Homework Answers
| No. | Date | Account Titles and Explanation | Debit | Credit |
| 1 | Nov-30 |
Supplies expense ( $ 9,040 (-) $ 5,040 ) |
$ 4,000 | |
| Supplies | $ 4,000 | |||
| (To record Supplies expense ) | ||||
| 2 | Nov-30 | Depreciation expense | $ 16,905 | |
| Accumlated Depreciation - Equipment | $ 16,905 | |||
| (To record Depreciation expense) | ||||
| 3 | Nov-30 | Interest Expense | $ 11,880 | |
| Interest payable | $ 11,880 | |||
| (To record accured Interest Expense) |
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Journalize the adjusting entries
The trial balance of Waterway Fashion Center contained the following accounts at...
The trial balance of Sweet Fashion Center contained the following accounts at November 30, the end...
The trial balance of Sweet Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. SWEET FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2017 Debit Credit $33,780 37,420 48,720 9,220 140,440 Cash Accounts Receivable Inventory Supplies Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances Cost of Goods Sold Salaries and Wages Expense Advertising Expense Utilities Expenses Maintenance and Repairs Expense Delivery Expense Rent Expense Totals $26,720...
The trial balance of Bramble Fashion Center contained the following accounts at November 30, the end...
The trial balance of Bramble Fashion Center contained the
following accounts at November 30, the end of the company’s fiscal
year.
BRAMBLE FASHION CENTER
TRIAL BALANCE
NOVEMBER 30, 2020
Debit
Credit
Cash
$33,320
Accounts Receivable
37,090
Inventory
48,390
Supplies
8,890
Equipment
139,780
Accumulated Depreciation-Equipment
$26,460
Notes Payable
54,390
Accounts Payable
51,890
Common Stock
93,390
Retained Earnings
11,390
Sales Revenue
765,210
Sales Returns and Allowances
4,200
Cost of Goods Sold
495,400
Salaries and Wages Expense
138,480
Advertising Expense
27,630
Utilities Expenses...
The trial balance of Crane Fashion Center contained the following accounts at November 30, the end...
The trial balance of Crane Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit CRANE FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $32,700 Accounts Receivable 36,700 Inventory 48,000 Supplies 8,500 Equipment 139,000 Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 139,000 Advertising Expense 27,400 Utilities Expenses 15,000 Maintenance and Repairs Expense 12,100...
The trial balance of Crane Fashion Center contained the following accounts at November 30, the end...
The trial balance of Crane Fashion Center contained the
following accounts at November 30, the end of the company’s fiscal
year.
CRANE FASHION CENTER
TRIAL BALANCE
NOVEMBER 30, 2020
Debit
Credit
Cash
$32,700
Accounts Receivable
36,700
Inventory
48,000
Supplies
8,500
Equipment
139,000
Accumulated Depreciation-Equipment
$26,000
Notes Payable
54,000
Accounts Payable
51,500
Common Stock
93,000
Retained Earnings
11,000
Sales Revenue
764,200
Sales Returns and Allowances
4,200
Cost of Goods Sold
495,400
Salaries and Wages Expense
139,000
Advertising Expense
27,400
Utilities Expenses...
Problem 3-04 The trial balance of Whispering Fashion Center contained the following accounts at November 30,...
Problem 3-04 The trial balance of Whispering Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit 48,300 WHISPERING FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $33,150 Accounts Receivable 37,000 Inventory Supplies 8,800 Equipment 139,600 Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,600 Advertising Expense 27,550 Utilities Expenses 15,400 Maintenance and Repairs...
Problem 3-04 The trial balance of Sheridan Fashion Center contained the following accounts at November 30,...
Problem 3-04 The trial balance of Sheridan Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit SHERIDAN FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $32,970 Accounts Receivable 36,880 Inventory 48,180 Supplies 8,680 Equipment 139,360 Accumulated Depreciation Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,760 Advertising Expense 27,490 Utilities Expenses 15,240 Maintenance and...
1. journalize the closing entries Problem 3-04 The trial balance of Kingbird Fashion Center contained the...
1. journalize the closing entries
Problem 3-04 The trial balance of Kingbird Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit KINGBIRD FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $33,600 Accounts Receivable 37,300 Inventory 48,600 Supplies 9,100 Equipment 140,200 Accumulated Depreciation Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,200 Advertising Expense 27,700...
CALCULATOR PRINTER VERSION <BACK NEXT The trial balance of Sunland Fashion Center contained the following accounts...
CALCULATOR PRINTER VERSION <BACK NEXT The trial balance of Sunland Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit SUNLAND FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $33,240 Accounts Receivable 37,060 Inventory 48,360 Supplies 8,860 Equipment 139,720 Accumulated Depreciation Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,520 Advertising Expense 27,580 Utilities Expenses...
The trial balance of Wildhorse Fashion Center contained the following accounts at November 30, the end...
The trial balance of Wildhorse Fashion Center contained the following accounts at November 30, the end of the company’s fiscal year. WILDHORSE FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2017 Debit Credit Cash $33,060 Accounts Receivable 36,940 Inventory 48,240 Supplies 8,740 Equipment 139,480 Accumulated Depreciation-Equipment $26,240 Notes Payable 54,240 Accounts Payable 51,740 Common Stock 93,240 Retained Earnings 11,240 Sales Revenue 764,800 Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,680 Advertising Expense 27,520 Utilities Expenses...
Problem 3-04 The trial balance of Oriole Fashion Center contained the following accounts at November 30,...
Problem 3-04 The trial balance of Oriole Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit ORIOLE FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $33,590 Accounts Receivable 37,270 Inventory 48,570 Supplies 9,070 Equipment 140,140 Accumulated Depreciation Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,240 Advertising Expense 27,720 Utilities Expenses 15,760 Maintenance and...
The trial balance of Sweet Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. SWEET FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2017 Debit Credit $33,780 37,420 48,720 9,220 140,440 Cash Accounts Receivable Inventory Supplies Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances Cost of Goods Sold Salaries and Wages Expense Advertising Expense Utilities Expenses Maintenance and Repairs Expense Delivery Expense Rent Expense Totals $26,720...
The trial balance of Bramble Fashion Center contained the
following accounts at November 30, the end of the company’s fiscal
year.
BRAMBLE FASHION CENTER
TRIAL BALANCE
NOVEMBER 30, 2020
Debit
Credit
Cash
$33,320
Accounts Receivable
37,090
Inventory
48,390
Supplies
8,890
Equipment
139,780
Accumulated Depreciation-Equipment
$26,460
Notes Payable
54,390
Accounts Payable
51,890
Common Stock
93,390
Retained Earnings
11,390
Sales Revenue
765,210
Sales Returns and Allowances
4,200
Cost of Goods Sold
495,400
Salaries and Wages Expense
138,480
Advertising Expense
27,630
Utilities Expenses...
The trial balance of Crane Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit CRANE FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $32,700 Accounts Receivable 36,700 Inventory 48,000 Supplies 8,500 Equipment 139,000 Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 139,000 Advertising Expense 27,400 Utilities Expenses 15,000 Maintenance and Repairs Expense 12,100...
The trial balance of Crane Fashion Center contained the
following accounts at November 30, the end of the company’s fiscal
year.
CRANE FASHION CENTER
TRIAL BALANCE
NOVEMBER 30, 2020
Debit
Credit
Cash
$32,700
Accounts Receivable
36,700
Inventory
48,000
Supplies
8,500
Equipment
139,000
Accumulated Depreciation-Equipment
$26,000
Notes Payable
54,000
Accounts Payable
51,500
Common Stock
93,000
Retained Earnings
11,000
Sales Revenue
764,200
Sales Returns and Allowances
4,200
Cost of Goods Sold
495,400
Salaries and Wages Expense
139,000
Advertising Expense
27,400
Utilities Expenses...
Problem 3-04 The trial balance of Whispering Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit 48,300 WHISPERING FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $33,150 Accounts Receivable 37,000 Inventory Supplies 8,800 Equipment 139,600 Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,600 Advertising Expense 27,550 Utilities Expenses 15,400 Maintenance and Repairs...
Problem 3-04 The trial balance of Sheridan Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit SHERIDAN FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $32,970 Accounts Receivable 36,880 Inventory 48,180 Supplies 8,680 Equipment 139,360 Accumulated Depreciation Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,760 Advertising Expense 27,490 Utilities Expenses 15,240 Maintenance and...
1. journalize the closing entries
Problem 3-04 The trial balance of Kingbird Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit KINGBIRD FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $33,600 Accounts Receivable 37,300 Inventory 48,600 Supplies 9,100 Equipment 140,200 Accumulated Depreciation Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,200 Advertising Expense 27,700...
CALCULATOR PRINTER VERSION <BACK NEXT The trial balance of Sunland Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit SUNLAND FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $33,240 Accounts Receivable 37,060 Inventory 48,360 Supplies 8,860 Equipment 139,720 Accumulated Depreciation Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,520 Advertising Expense 27,580 Utilities Expenses...
Problem 3-04 The trial balance of Oriole Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit ORIOLE FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $33,590 Accounts Receivable 37,270 Inventory 48,570 Supplies 9,070 Equipment 140,140 Accumulated Depreciation Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,240 Advertising Expense 27,720 Utilities Expenses 15,760 Maintenance and...
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