T-Accounts:
Cash | |||
a | $ 25,000 | b | $ 6,000 |
d | $ 7,500 | e | $ 2,300 |
l | $ 3,400 | f | $ 850 |
o | $ 1,900 | g | $ 230 |
i | $ 160 | ||
j | $ 800 | ||
k | $ 1,100 | ||
m | $ 155 | ||
n | $ 1,500 | ||
End Balance | $ 21,805 | p | $ 2,900 |
Wilhelm Kohl, Capital | |||
a | $ 25,000 | ||
End Balance | $ 25,000 | ||
Van | |||
b | $ 6,000 | ||
End Balance | $ 6,000 | ||
Equipment | |||
c | $ 4,000 | ||
n | $ 4,200 | ||
End Balance | $ 8,200 | ||
Accounts Receivables | |||
h | $ 4,500 | l | $ 3,400 |
o | $ 1,600 | ||
End Balance | $ 2,700 | ||
Service Revenue | |||
d | $ 7,500 | ||
h | $ 4,500 | ||
o | $ 3,500 | ||
End Balance | $ 15,500 | ||
Office Supplies | |||
i | $ 160 | ||
End Balance | $ 160 | ||
Accounts Payable | |||
e | $ 2,300 | c | $ 4,000 |
n | $ 2,700 | ||
End Balance | $ 4,400 | ||
Rent Expense | |||
f | $ 850 | ||
End Balance | $ 850 | ||
Phone Expense | |||
g | $ 230 | ||
End Balance | $ 230 | ||
Wages Expense | |||
j | $ 800 | ||
End Balance | $ 800 | ||
Prepaid Insurance | |||
k | $ 1,100 | ||
End Balance | $ 1,100 | ||
Gas and Oil Expense | |||
m | $ 155 | ||
End Balance | $ 155 | ||
Wilhelm Kohl, Drawings | |||
p | $ 2,900 | ||
End Balance | $ 2,900 |
Trial Balance:
Kohl`s Home Repair | ||
Unadjusted Trial Balance | ||
May. 2020 | ||
Account title | Debit | Credit |
Cash | $ 21,805 | $ - |
Accounts Receivable | $ 2,700 | $ - |
Office Supplies | $ 160 | $ - |
Prepaid Rent | $ 1,100 | $ - |
Van | $ 6,000 | $ - |
Equipment | $ 8,200 | $ - |
Accounts Payable | $ - | $ 4,400 |
Wilhelm Kohl, Capital | $ - | $ 25,000 |
Wilhelm Kohl, Drawings | $ 2,900 | $ - |
Service fees | $ - | $ 15,500 |
Rent Expense | $ 850 | $ - |
Phone Expense | $ 230 | $ - |
Wages Expense | $ 800 | $ - |
Gas and Oil Expense | $ 155 | $ - |
Total | $ 44,900 | $ 44,900 |
SERIES A PROBLEMS (LO2/4/5) after (pl: $21,805 (Dr.) total debits: $44,900 T ACCOUNTS AND TRIAL BALANCE...
Debit Credit Balance Balance Account Cash 21,805 Accounts Receivable 2,700 Office Supplies 160 Prepaid Insurance 1,100 Equipment 8,200 Van 6,000 Accounts Payable 4,400 Wilhelm Kohl, Capital 25,000 Wilhelm Kohl, Drawing 2,900 Service Fees 15,500 Rent Expense 850 Wages Expense 800 Phone Expense 230 Gas and Oil Expense 155 Totals 44,900 44,900 Change in owner's equity: Check My Work All work saved. Rent Expense 850 Wages Expense 800 230 Phone Expense I Gas and Oil Expense 155 Totals 44,900 44,900 Change...
Kohl's Home Repair Trial Balance May 31, 20-- Debit Credit Account Balance Balance Cash 21,805 Accounts Receivable 2,700 < Office Supplies 160 Prepaid Insurance 1,100 Equipment 8,200 Van 6,000 Accounts Payable Wilhelm Kohl, Capital Wilhelm Kohl, Drawing 4,400 25,000 2,900 Service Fees 15,500 Rent Expense 850 Wilhelm Kohl, Capital 25,000 Wilhelm Kohl, Drawing 2,900 Service Fees 15,500 850 Rent Expense Wages Expense 800 Phone Expense 230 Gas and Oil Expense 155 Totals 44,900 44,900 Change in owner's equity: $25,000 Wilhelm...
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