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Trial Balance ($) Cash 8,600.00 Accounts Receivables 16,000.00 Equipment 45,000.00 Insurance Expense 675.00 Salaries and wages 30,000.00 Supplies 1,300.00 Advertising 1,900.00 Rent 1,500.00 Utilities expenses 1,700.00 Notes payable Accounts Payable Share capital ordinary Service Revenue Supplies expenses 2,400.00 Interest Expense 500.00 Interest Payable Prepaid Insurance 2,025.00 Unearned Revenue Depreciation 2,250.00 Accumulated depreciation 113,850.00 20,000.00 9,000.00 22,000.00 58,800.00 500.00 1,300.00 2,250.00 113,850.00
58,800.00 Income Statement Revenue: Service Revenue Less: Expenses Insurance Expense 675.00 Salaries and wages 30,000.00 Advertising 1,900.00 Rent 1,500.00 Utilities expenses 1,700.00 Supplies expenses 2,400.00 Depreciation 2,250.00 Total Operating expenses Operating Income Interest Expense Net Income 40,425.00 18,375.00 500.00 17,875.00 Retained Earnings Opening Balance Add: Net Income Closing Balance NIL 17,875.00 17,875.00
Statement of financial position Assets: 45,000.00 (2,250.00) 42,750.00 Equipment Less: Accumulated depreciation Current assets: Cash Supplies Accounts Receivables Prepaid Insurance Total Current assets Total assets 8,600.00 1,300.00 16,000.00 2,025.00 27,925.00 70,675.00 20,000.00 9,000.00 1,300.00 500.00 Liabilities: Notes payable Accounts Payable Unearned Revenue Interest Payable Total liabilities Equity: Share Capital ordinary Retained Earnings Total Equity Equity and liabilities 30,800.00 22,000.00 17,875.00 39,875.00 70,675.00
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9,000 1,900 Credit 10 in Irunt om 101 Debit nog sted 000.00 Cash € 8,600 Notes...
Credit Cash Accounts Receivable Debit $ 6,850 7,000 1,982 3,180 15,000 Supplies Prepaid Insurance Equipment Accounts...
Credit Cash Accounts Receivable Debit $ 6,850 7,000 1,982 3,180 15,000 Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21,982 8,300 4,000 1,715 $39,727 $39,727 In addition to those accounts listed on the trial balance, the chart of accounts for Richard also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. 2. 3....
Credit Debit $6,850 7.000 1,982 3,180 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable...
Credit Debit $6,850 7.000 1,982 3,180 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21,982 8,300 4,000 1,715 $39,727 $39,727 In addition to those accounts listed on the trial balance, the chart of accounts for Richard also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. 2. 3. 4....
Credit Cash Debit $6,850 7,000 1,982 3,180 15,000 Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable...
Credit Cash Debit $6,850 7,000 1,982 3,180 15,000 Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21,982 8,300 4,000 1,715 $39,727 $39,727 In addition to those accounts listed on the trial balance, the chart of accounts for Richard also contains the following accounts: Accumulated Depreciation Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. 2. 3....
Debit Credit Cash $6,850 Accounts Receivable 7,000 Supplies 1,982 Prepaid Insurance 3,180 Equipment 15,000 Accounts Payable...
Debit Credit Cash $6,850 Accounts Receivable 7,000 Supplies 1,982 Prepaid Insurance 3,180 Equipment 15,000 Accounts Payable $ 4,245 Unearned Service Revenue 5,200 Common Stock 21,982 Service Revenue 8,300 Salaries and Wages Expense 4,000 Rent Expense 1,715 $39,727 $39,727 In addition to those accounts listed on the trial balance, the chart of accounts for Richard also contains the following accounts: Accumulated Depreciation Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. Supplies on...
de Alfons Debit Credit Cash 56.850 Accounts Receivable Supplies 7.000 1982 3.360 15.000 Prepaid Insurance Einen...
de Alfons Debit Credit Cash 56.850 Accounts Receivable Supplies 7.000 1982 3.360 15.000 Prepaid Insurance Einen $4220 Accounts Payable Uneared Service Revenge Common Stock Service Revenue Salaries and Wages Expense 21.982 3.300 4,000 Rent Expense 11540 $39.702 $39.702 Ind ia to those coun ted on the trial balance, the chart of accounts for Thomas also contains the following Payable, Depreciation Expense Insurance Experte Utilities Expense and Supplies Expense counts Accumulated Depreciation Equipment. Salaries and Wages Other data 1. Supplies on...
CALCULATOR Trial Balance June 30, 2022 FULL SCREEN PRINTER VERSION BACK Credit Debit $ 6,850 7,000...
CALCULATOR Trial Balance June 30, 2022 FULL SCREEN PRINTER VERSION BACK Credit Debit $ 6,850 7,000 1,997 3,720 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21.997 8.300 4,000 1,175 $39,742 $39.742 In addition to those accounts listed on the trial balance, the chart of accounts for George also contains the following accounts: Accumulated Depreciation Equipment, Salaries and Wages Payable, Depreciation Expense,...
valable in you in Debit Credit Cash $ 6,850 Accounts Receivable 7.000 Supplies 1.982 Prepaid Insurance...
valable in you in Debit Credit Cash $ 6,850 Accounts Receivable 7.000 Supplies 1.982 Prepaid Insurance 3,360 Equipment 15.000 Accounts Payable 54220 Unearned Service Revenue 5.200 21.982 Common Stock Service Revenue 3.300 Salaries and Wages Expense 4000 Rent Expense 1,510 $39.702 $39.702 Ination to those accounts listed on the trebalance, the chart of accounts for Thomas also contains the following accounts Accumulated Depreciation Equipment, Salaries and Wages Payable, Depreciation Expense Insurance Expense, ilities Expenses and Supplies Expense Other data: 1....
Alpha's Graphics was organized on January 1, 2020, by Gabriel Alpha. At the end of the...
Alpha's Graphics was organized on January 1, 2020, by Gabriel Alpha. At the end of the first 6 months of operations, the trial balance contained the following accounts. € 18,000 8,700 22,000 62,500 Debits Cash Accounts Receivable Equipment Insurance Expense Salaries and Wages Expense Supplies Expense Advertising Expense Rent Expense Utilities Expense Credits € 9,000 Notes Payable 14,300 Accounts Payable 47,000 Share Capital-Ordinary 2,400 Service Revenue 29,700 3,500 2,000 1,600 1,700 €111,200 €111,200 Analysis reveals the following additional data. 1....
Trial Balance Adjustments Trial Balance Account Names Debit Credit Debit Credit Debit Credit Cash $3,600 Accounts...
Trial Balance Adjustments Trial Balance Account Names Debit Credit Debit Credit Debit Credit Cash $3,600 Accounts Receivable 6,400 Office Supplies 2,200 Prepaid Insurance 2,400 Equipment 28,000 Accumulated Depreciation-Equipment $8,500 Accounts Payable 5,100 Salaries Payable Common Stock 12,200 Dividends 27,000 Service Revenue 73,000 Depreciation Expense-Equipment Supplies Expense Utilities Expense 4,700 Salaries Expense 24,500 Insurance Expense Total $98,800 $98,800 a. As of December 31, Ganville had performed $100 of service revenue but has not yet billed customers. b. At the end of...
Small Musical Production Company Trial Balance 30-Jun-14 Balance Debit Credit Cash 200,000 Accounts receivable 85,000 Prepaid...
Small Musical Production Company Trial Balance 30-Jun-14 Balance Debit Credit Cash 200,000 Accounts receivable 85,000 Prepaid rent 105,000 Supplies 45,000 Motor Vehicle 345,000 Accumulated depreciation 155,000 Salary Payable Mounts avable Accounts payable 159.000 Unearned service revenue 100,000 R Small, capital 400,000 R Small, drawing 14,000 Service revenue 350,000 Salary expense 255,000 Rent expense 105,000 Miscellaneous expense 10.000 Depreciation expense Supplies expen 1,164,000 1.164.000 Adjustment data as at June 30 follow: a. Supplies on hand at year-end, $9,000. b. Seven (7)...
Credit Cash Accounts Receivable Debit $ 6,850 7,000 1,982 3,180 15,000 Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21,982 8,300 4,000 1,715 $39,727 $39,727 In addition to those accounts listed on the trial balance, the chart of accounts for Richard also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. 2. 3....
Credit Debit $6,850 7.000 1,982 3,180 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21,982 8,300 4,000 1,715 $39,727 $39,727 In addition to those accounts listed on the trial balance, the chart of accounts for Richard also contains the following accounts: Accumulated Depreciation-Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. 2. 3. 4....
Credit Cash Debit $6,850 7,000 1,982 3,180 15,000 Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21,982 8,300 4,000 1,715 $39,727 $39,727 In addition to those accounts listed on the trial balance, the chart of accounts for Richard also contains the following accounts: Accumulated Depreciation Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. 2. 3....
Debit Credit Cash $6,850 Accounts Receivable 7,000 Supplies 1,982 Prepaid Insurance 3,180 Equipment 15,000 Accounts Payable $ 4,245 Unearned Service Revenue 5,200 Common Stock 21,982 Service Revenue 8,300 Salaries and Wages Expense 4,000 Rent Expense 1,715 $39,727 $39,727 In addition to those accounts listed on the trial balance, the chart of accounts for Richard also contains the following accounts: Accumulated Depreciation Equipment, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, and Supplies Expense. Other data: 1. Supplies on...
de Alfons Debit Credit Cash 56.850 Accounts Receivable Supplies 7.000 1982 3.360 15.000 Prepaid Insurance Einen $4220 Accounts Payable Uneared Service Revenge Common Stock Service Revenue Salaries and Wages Expense 21.982 3.300 4,000 Rent Expense 11540 $39.702 $39.702 Ind ia to those coun ted on the trial balance, the chart of accounts for Thomas also contains the following Payable, Depreciation Expense Insurance Experte Utilities Expense and Supplies Expense counts Accumulated Depreciation Equipment. Salaries and Wages Other data 1. Supplies on...
CALCULATOR Trial Balance June 30, 2022 FULL SCREEN PRINTER VERSION BACK Credit Debit $ 6,850 7,000 1,997 3,720 15,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 4,245 5,200 21.997 8.300 4,000 1,175 $39,742 $39.742 In addition to those accounts listed on the trial balance, the chart of accounts for George also contains the following accounts: Accumulated Depreciation Equipment, Salaries and Wages Payable, Depreciation Expense,...
valable in you in Debit Credit Cash $ 6,850 Accounts Receivable 7.000 Supplies 1.982 Prepaid Insurance 3,360 Equipment 15.000 Accounts Payable 54220 Unearned Service Revenue 5.200 21.982 Common Stock Service Revenue 3.300 Salaries and Wages Expense 4000 Rent Expense 1,510 $39.702 $39.702 Ination to those accounts listed on the trebalance, the chart of accounts for Thomas also contains the following accounts Accumulated Depreciation Equipment, Salaries and Wages Payable, Depreciation Expense Insurance Expense, ilities Expenses and Supplies Expense Other data: 1....
Alpha's Graphics was organized on January 1, 2020, by Gabriel Alpha. At the end of the first 6 months of operations, the trial balance contained the following accounts. € 18,000 8,700 22,000 62,500 Debits Cash Accounts Receivable Equipment Insurance Expense Salaries and Wages Expense Supplies Expense Advertising Expense Rent Expense Utilities Expense Credits € 9,000 Notes Payable 14,300 Accounts Payable 47,000 Share Capital-Ordinary 2,400 Service Revenue 29,700 3,500 2,000 1,600 1,700 €111,200 €111,200 Analysis reveals the following additional data. 1....
Small Musical Production Company Trial Balance 30-Jun-14 Balance Debit Credit Cash 200,000 Accounts receivable 85,000 Prepaid rent 105,000 Supplies 45,000 Motor Vehicle 345,000 Accumulated depreciation 155,000 Salary Payable Mounts avable Accounts payable 159.000 Unearned service revenue 100,000 R Small, capital 400,000 R Small, drawing 14,000 Service revenue 350,000 Salary expense 255,000 Rent expense 105,000 Miscellaneous expense 10.000 Depreciation expense Supplies expen 1,164,000 1.164.000 Adjustment data as at June 30 follow: a. Supplies on hand at year-end, $9,000. b. Seven (7)...
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