Homework Answers
| Salaries and Wages Expense | |||
| Bal. | $ 28,500 | (2) | $ 28,500 |
| Bal. | $ - | ||
| Supplies Expense | |||
| Bal. | $ 6,500 | (2) | $ 6,500 |
| Bal. | $ - | ||
| Service Revenue | |||
| (1) | $ 51,500 | Bal. | $ 51,500 |
| Bal. | $ - | ||
| Dividends | |||
| Bal. | $ 2,000 | (4) | $ 2,000 |
| Bal. | $ - | ||
| Income Summary | |||
| (2) | $ 35,000 | (1) | $ 51,500 |
| (3) | $ 16,500 | ||
| Retained Earnings | |||
| (4) | $ 2,000 | Bal. | $ 29,000 |
| (3) | $ 16,500 | ||
| Bal. | $ 43,500 | ||
In income summary $35000 is debited i.e. $28500+6500, On right blank cell of income summary, balance of $16500 can be written
If you have any query, kindly comment with your query and please mark thumbs up.
Add Answer to:
fill in the blanks and show full work
The ledger of Bramble Company contains the following...
* The ledger of Blue Spruce Company contains the following balances after adjustments: Retained Earnings $32,000:...
* The ledger of Blue Spruce Company contains the following balances after adjustments: Retained Earnings $32,000: Dividends $1,000; Service Revenue $48,000; Salaries and Wages Expense $27,000; and Supplies Expense $8,000. Prepare the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) The ledger of Riverbed Company contains the following balances: Retained Earnings $29,000; Dividends $2.500; Service Revenue $51,500; Salaries and Wages Expense $28,500; and Supplies Expense $7,000. The closing entries...
The ledger of Flounder Company contains the following balances: Retained Earnings $30,500; Dividends $2,000; Service Revenue...
The ledger of Flounder Company contains the following balances:
Retained Earnings $30,500; Dividends $2,000; Service Revenue
$48,000; Salaries and Wages Expense $26,000; and Supplies Expense
$7,500. The closing entries are as follows: (1) Close revenue
accounts. (2) Close expense accounts. (3) Close net income/(loss).
(4) Close dividends. Enter the balances in the T-accounts, post the
closing entries in the order presented in the problem and use the
numbers as a reference.
Your answer is partially correct. Try again. The ledger...
Question 2 of 14 -/1 = View Policies Current Attempt in Progress The ledger of Bridgeport...
Question 2 of 14 -/1 = View Policies Current Attempt in Progress The ledger of Bridgeport Company contains the following balances: Retained Earnings $28,000, Dividends $1.500, Service Revenue $51,500, Salaries and Wages Expense $26,500, and Supplies Expense $6,500. The dosing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/(loss). (4) Close dividends. Enter the balances in the T-accounts, post the dosing entries in the order presented in the problem and use the numbers...
The ledger of Bridgeport Company contains the following balances: Retained Earnings $28,000, Dividends $1,500, Service Revenue $51,500, Salaries and Wages Expense $26,500, and Supplies Expense $6,500.
The ledger of Bridgeport Company contains the following balances: Retained Earnings $28,000, Dividends $1,500, Service Revenue $51,500, Salaries and Wages Expense $26,500, and Supplies Expense $6,500.The closing entries are as follows:(1) Close revenue accounts.(2)Close expense accounts.(3)Close net income/(loss).(4)Close dividends.Enter the balances in T-accounts, and post the closing entries.Screenshot (32).png
The ledger of Riverbed Company contains the following balances
The ledger of Riverbed Company contains the following balances: Retained Earnings $29,000; Dividends $2,500: Service Revenue $51.500, Salaries and Wages Expense $28.500; and Supplies Expense $7,000. The closing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/loss). (4) Close dividends. Enter the balances in the T-accounts, post the closing entries in the order presented in the problem and use the numbers as a reference.
CES Brief Exercise 4-5 The ledger of Rios Company contains the following balances: Retained Earnings $31,818; Divid...
CES Brief Exercise 4-5 The ledger of Rios Company contains the following balances: Retained Earnings $31,818; Dividends $2,431; Servic Revenue $48,557; Salaries and Wages Expense $28,792; and Supplies Expense $7,536. The closing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/(loss). (4) Close dividends. Post the closing entries in the order presented in the problem and use the numbers as a reference. tudy Salaries and Wages Expense Supplies Expense Service Revenue Dividends Income...
signment CALCULATOR FULL SCREEN PRINTER VERSION NEXT Brief Exercise 4-5 Your answer is partially correct. Try...
signment CALCULATOR FULL SCREEN PRINTER VERSION NEXT Brief Exercise 4-5 Your answer is partially correct. Try again. The ledger of Rios Company contains the following balances: Retained Earnings $31,818; Dividends $2,431; Service Revenue $48,557; Salaries and Wages Expense $28,792; and Supplies Expense $7,536. The closing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/(loss). (4) Close dividends. Post the closing entries in the order presented in the problem and use the numbers as...
Please help me with Question 9 Bramble Company had the following adjusted trial balance. Bramble Company...
Please help me with
Question 9 Bramble Company had the following adjusted trial balance. Bramble Company Adjusted Trial Balance For the Month Ended June 30, 2019 Adjusted Trial Balance Account Titles Debit Credit Cash $3,880 Accounts Receivable 3,760 Supplies 400 Accounts Payable $1,900 Unearned Service Revenue 100 Common Stock 2,550 Retained Earnings 2,000 Dividends 420 Service Revenue 5,500 Salaries and Wages Expense 1,300 Miscellaneous Expense 240 Supplies Expense 2,500 Salaries and Wages Payable 450 $12,500 $12,500 Prepare closing entries at...
The ledger of Grouper Company contains the following balances: Retained Earnings $29,400; Dividends $2,100; Service Revenue...
The ledger of Grouper Company contains the following balances: Retained Earnings $29,400; Dividends $2,100; Service Revenue $50,000; Salaries and Wages Expense $27,500; and Supplies Expense $6,300. Prepare the closing entries at December 31. Date Account Titles and Explanation Debit Credit Dec. 31 (To close revenue account) Dec. 31 (To close expense accounts) Dec. 31 (To close net income/ (loss)) Dec. 31 (To close dividends)
The income statement for Regina Cleaning Services Ltd. for the year ended November 30 shows Service...
The income statement for Regina Cleaning Services Ltd. for the year ended November 30 shows Service Revenue $109,400; Salaries Expense $61,200; Repairs and Maintenance Expense $16,000; Supplies Expense $7,000; Utilities Expense $2,600; and Income Tax Expense $6,700. The statement of changes in equity shows an opening balance for Retained Earnings of $50,100 and Dividends Declared $11,000. Prepare the closing journal entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. W no entry is...
* The ledger of Blue Spruce Company contains the following balances after adjustments: Retained Earnings $32,000: Dividends $1,000; Service Revenue $48,000; Salaries and Wages Expense $27,000; and Supplies Expense $8,000. Prepare the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) The ledger of Riverbed Company contains the following balances: Retained Earnings $29,000; Dividends $2.500; Service Revenue $51,500; Salaries and Wages Expense $28,500; and Supplies Expense $7,000. The closing entries...
The ledger of Flounder Company contains the following balances:
Retained Earnings $30,500; Dividends $2,000; Service Revenue
$48,000; Salaries and Wages Expense $26,000; and Supplies Expense
$7,500. The closing entries are as follows: (1) Close revenue
accounts. (2) Close expense accounts. (3) Close net income/(loss).
(4) Close dividends. Enter the balances in the T-accounts, post the
closing entries in the order presented in the problem and use the
numbers as a reference.
Your answer is partially correct. Try again. The ledger...
Question 2 of 14 -/1 = View Policies Current Attempt in Progress The ledger of Bridgeport Company contains the following balances: Retained Earnings $28,000, Dividends $1.500, Service Revenue $51,500, Salaries and Wages Expense $26,500, and Supplies Expense $6,500. The dosing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/(loss). (4) Close dividends. Enter the balances in the T-accounts, post the dosing entries in the order presented in the problem and use the numbers...
The ledger of Riverbed Company contains the following balances: Retained Earnings $29,000; Dividends $2,500: Service Revenue $51.500, Salaries and Wages Expense $28.500; and Supplies Expense $7,000. The closing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/loss). (4) Close dividends. Enter the balances in the T-accounts, post the closing entries in the order presented in the problem and use the numbers as a reference.
CES Brief Exercise 4-5 The ledger of Rios Company contains the following balances: Retained Earnings $31,818; Dividends $2,431; Servic Revenue $48,557; Salaries and Wages Expense $28,792; and Supplies Expense $7,536. The closing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/(loss). (4) Close dividends. Post the closing entries in the order presented in the problem and use the numbers as a reference. tudy Salaries and Wages Expense Supplies Expense Service Revenue Dividends Income...
signment CALCULATOR FULL SCREEN PRINTER VERSION NEXT Brief Exercise 4-5 Your answer is partially correct. Try again. The ledger of Rios Company contains the following balances: Retained Earnings $31,818; Dividends $2,431; Service Revenue $48,557; Salaries and Wages Expense $28,792; and Supplies Expense $7,536. The closing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/(loss). (4) Close dividends. Post the closing entries in the order presented in the problem and use the numbers as...
Please help me with
Question 9 Bramble Company had the following adjusted trial balance. Bramble Company Adjusted Trial Balance For the Month Ended June 30, 2019 Adjusted Trial Balance Account Titles Debit Credit Cash $3,880 Accounts Receivable 3,760 Supplies 400 Accounts Payable $1,900 Unearned Service Revenue 100 Common Stock 2,550 Retained Earnings 2,000 Dividends 420 Service Revenue 5,500 Salaries and Wages Expense 1,300 Miscellaneous Expense 240 Supplies Expense 2,500 Salaries and Wages Payable 450 $12,500 $12,500 Prepare closing entries at...
The income statement for Regina Cleaning Services Ltd. for the year ended November 30 shows Service Revenue $109,400; Salaries Expense $61,200; Repairs and Maintenance Expense $16,000; Supplies Expense $7,000; Utilities Expense $2,600; and Income Tax Expense $6,700. The statement of changes in equity shows an opening balance for Retained Earnings of $50,100 and Dividends Declared $11,000. Prepare the closing journal entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. W no entry is...
Most questions answered within 3 hours.
-
What are the variety of forms of products dispensed with aerosol
spray?
asked 1 minute from now -
Pyruvate Kinase, an allosteric enzyme, accelerates the
conversion of phosphoenolpyruvate to pyruvate.
1) Draw curves describing...
asked 1 minute ago -
question 1
Which of the following is an example of a bottom-up technique
for developing promotional...
asked 18 minutes ago -
1)In FM modulation, what aspect of the carrier is being
modulated?
2)Explain in your own words,...
asked 15 minutes ago -
Andromeda Galaxy, M31, is considered a sister galaxy to Milky
Way galaxy. One similarirty is their...
asked 20 minutes ago -
How does temperature affect ADH during enzyme
kinetics?
asked 28 minutes ago -
A $1000 par value convertible bond has a conversion price of
$25. It is currently selling...
asked 36 minutes ago -
Write a java program that declares 10 element array (of type
integers), creates and initializes the...
asked 34 minutes ago -
import java.util.Arrays;
import java.util.Random;
import java.util.Scanner;
/**
* TODO Write a summary of the role of...
asked 39 minutes ago -
Sodium hydroxide is a strong base and ammonium hydroxide is a
weak base. Which of the...
asked 45 minutes ago -
Glycerol, C3H8O3, is a substance used extensively in the
manufacture of cosmetics, foodstuffs, antifreeze, and plastics....
asked 48 minutes ago -
After moving through Chapter 1 of our textbook, what is a social
issue/area of concern that...
asked 48 minutes ago