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The adjusted trial balance for Mosley's Mosaic Tiles at December 31, 2021 is as follows: Credit $5,200 Mosley Mosaic Tiles Adjusted Trial Balance December 31, 2021 Debit Cash $31,400 Accounts receivable 26,500 Prepaid insurance 2,000 Prepaid rent 5,000 Supplies 3,330 Equipment 17.500 Accumulated depreciation equipment Furniture 25,000 Accumulated depreciation-furniture Accounts payable Salary payable Unearned revenue Mortgage payable (due in 2040) M. Mosaic, drawings 15,000 M. Mosaic, capital Service revenue Salary expense 24,387 Depreciation expense 4,500 Rent expense 5,500 Insurance expense...
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Below is the adjusted trail balance for Bally Services. BALLY SERVICES Adjusted Trial Balance December 31, 2018 DR CR Cash $ 11,000 Accounts Receivable 23,500 Supplies 3,000 Prepaid Insurance 2,500 Equipment 60,000 Accumulated Depreciation- $ 33,000 Equipment Accounts Payable 5,000 Interest Payable 150 Notes Payable 5,000 Unearned Service Revenue 5,600 Salaries and Wages Payable 1,300 Common Stock 10,000 Retained Earnings 3,500 Service Revenue 63,500 Salaries and Wages Expense 11,300 Insurance Expense 850 Interest Expense 500 Depreciation Expense 5,000 Supplies Expense...
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4. The adjusted trial balance of Sara's Web Services follows: (30%) SARA'S WEB SERVICES Adjusted Trial Balance December 31, 2018 $ 2.000 6,920 950 600 $5,400 Depreciation expense......................... Salaries expense... Utilities expense......................... Prepaid insurance....................... Accumulated depreciation-Computer equipment.......... Supplies..... Cash.. Insurance expense.......... Computer equipment......... Accounts payable. Sara Pollis, Withdrawals..... Supplies expense.... Rent expense................... Services revenue...... Sara Pollis, Capital....... Totals... 1,930 1,170 400 20,600 325 4,800 800 1,200 21,720 13.925 $41.370 $41.370 (a) Prepare the closing entries for Sara's Web Services. (b)...
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The adjusted trial balance of Wong Consulting Services is as
follows:
WONG CONSULTING SERVICES
Adjusted Trial Balance
December 31, 2021
Debit
Credit
Cash
$2,500
Accounts receivable
1,000
Prepaid insurance
840
Supplies
140
Furniture
15,000
Accumulated depreciation – furniture
$1,200
Accounts payable
740
Salaries payable
610
Interest payable
34
Unearned revenue
200
Notes payable, due 2026
2,600
V. Wong, capital
5,500
V. Wong, drawings
8,300
Service revenue
30,436
Rent revenue
560
Depreciation expense
500
Insurance expense
740
Interest expense
120
Rent...
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Question Completion Status: The adjusted trial balance for Novakowski Company as at December 31, 2021 is as follows: NOVAKOWSKI COMPANY Adjusted Trial Balance December 31, 2021 Debit Credit Cash $20,000 Accounts receivable 4,000 Prepaid insurance 7,000 Supplies 4,500 Equipment 48.000 Accumulated depreciation-equipment $ 4,800 Patents 7,500 Accumulated amortization-patent 1.500 Accounts payable 21.500 Bonds payable, due in 2023 18,000 M. Novakowski, capital 46,000 M. Novakowski, drawings 4.200 Service revenue 23.400 Salaries expense 5 200 Depreciation and amortization expense 6.300 Insurance expense...
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The following adjusted trial balance contains the accounts and
balances of Zein Company as of December 31, 2015, the end of its
fiscal year.
No.
Account Title
Debit
Credit
101
Cash
$
18,000
126
Supplies
8,500
128
Prepaid insurance
2,000
167
Equipment
23,000
168
Accumulated depreciation—Equipment
$
6,500
301
R. Zein, Capital
39,664
302
R. Zein, Withdrawals
6,000
404
Services revenue
48,500
612
Depreciation expense—Equipment
2,000
622
Salaries expense
28,276
637
Insurance expense
2,037
640
Rent expense
3,250
652
Supplies...
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The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31 Credit Debit $18, eee 13,1ee 2,eee 23, eee lation- $ 6,5ee 12,935 34,600 No. Account Title 181 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciati 3e7 Common stock 318 Retained earnings 319 Dividends 484 Services revenue 612 Depreciation expense- 622 Salaries expense 637 Insurance expense 648 Rent expense 652 Supplies expense Totals 6,eee 36,600 2,eee 21,338 1,537 2, 452...
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The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 10,200 132,000 4,200 220,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $117,000 10,200 9,200 3,200 22,000 120,000 42,000 320,000 220,000 11,000 22,000 3,200 $643, 600 $643, 600 FIGHTIN' BLUE HENS CORPORATION Post-Closing...
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The adjusted trial balance for China Tea Company at December 31,
2021, is presented below:
Accounts
Debit
Credit
Cash
$
11,000
Accounts receivable
150,000
Prepaid rent
5,000
Supplies
25,000
Equipment
300,000
Accumulated depreciation
$
135,000
Accounts payable
20,000
Salaries payable
4,000
Interest payable
1,000
Notes payable (due in two years)
30,000
Common stock
200,000
Retained earnings
50,000
Dividends
20,000
Service revenue
400,000
Salaries expense
180,000
Advertising expense
70,000
Rent expense
15,000
Depreciation expense
30,000
Interest expense
2,000
Utilities expense
32,000...
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The following shows the unadjusted trial balance relating to
Mark Wall Consulting Services for the accounting period ending
December 31, 2007. Mark Wall Consulting Trial Balance as at
December 31 2007 Requirements: 1. Journalize the following
adjusting entries and prepare an adjusted trial balance as at
December 31 2007 a. Supplies used during the period - $5000 b. All
of the prepaid insurance expired at year end c. Depreciation
expense – Building : $50,000 d. Depreciation expense – Furniture
&...
The adjusted trial balance for Mosley's Mosaic Tiles at December 31, 2021 is as follows: Credit $5,200 Mosley Mosaic Tiles Adjusted Trial Balance December 31, 2021 Debit Cash $31,400 Accounts receivable 26,500 Prepaid insurance 2,000 Prepaid rent 5,000 Supplies 3,330 Equipment 17.500 Accumulated depreciation equipment Furniture 25,000 Accumulated depreciation-furniture Accounts payable Salary payable Unearned revenue Mortgage payable (due in 2040) M. Mosaic, drawings 15,000 M. Mosaic, capital Service revenue Salary expense 24,387 Depreciation expense 4,500 Rent expense 5,500 Insurance expense...
Below is the adjusted trail balance for Bally Services. BALLY SERVICES Adjusted Trial Balance December 31, 2018 DR CR Cash $ 11,000 Accounts Receivable 23,500 Supplies 3,000 Prepaid Insurance 2,500 Equipment 60,000 Accumulated Depreciation- $ 33,000 Equipment Accounts Payable 5,000 Interest Payable 150 Notes Payable 5,000 Unearned Service Revenue 5,600 Salaries and Wages Payable 1,300 Common Stock 10,000 Retained Earnings 3,500 Service Revenue 63,500 Salaries and Wages Expense 11,300 Insurance Expense 850 Interest Expense 500 Depreciation Expense 5,000 Supplies Expense...
4. The adjusted trial balance of Sara's Web Services follows: (30%) SARA'S WEB SERVICES Adjusted Trial Balance December 31, 2018 $ 2.000 6,920 950 600 $5,400 Depreciation expense......................... Salaries expense... Utilities expense......................... Prepaid insurance....................... Accumulated depreciation-Computer equipment.......... Supplies..... Cash.. Insurance expense.......... Computer equipment......... Accounts payable. Sara Pollis, Withdrawals..... Supplies expense.... Rent expense................... Services revenue...... Sara Pollis, Capital....... Totals... 1,930 1,170 400 20,600 325 4,800 800 1,200 21,720 13.925 $41.370 $41.370 (a) Prepare the closing entries for Sara's Web Services. (b)...
The adjusted trial balance of Wong Consulting Services is as
follows:
WONG CONSULTING SERVICES
Adjusted Trial Balance
December 31, 2021
Debit
Credit
Cash
$2,500
Accounts receivable
1,000
Prepaid insurance
840
Supplies
140
Furniture
15,000
Accumulated depreciation – furniture
$1,200
Accounts payable
740
Salaries payable
610
Interest payable
34
Unearned revenue
200
Notes payable, due 2026
2,600
V. Wong, capital
5,500
V. Wong, drawings
8,300
Service revenue
30,436
Rent revenue
560
Depreciation expense
500
Insurance expense
740
Interest expense
120
Rent...
Question Completion Status: The adjusted trial balance for Novakowski Company as at December 31, 2021 is as follows: NOVAKOWSKI COMPANY Adjusted Trial Balance December 31, 2021 Debit Credit Cash $20,000 Accounts receivable 4,000 Prepaid insurance 7,000 Supplies 4,500 Equipment 48.000 Accumulated depreciation-equipment $ 4,800 Patents 7,500 Accumulated amortization-patent 1.500 Accounts payable 21.500 Bonds payable, due in 2023 18,000 M. Novakowski, capital 46,000 M. Novakowski, drawings 4.200 Service revenue 23.400 Salaries expense 5 200 Depreciation and amortization expense 6.300 Insurance expense...
The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31 Credit Debit $18, eee 13,1ee 2,eee 23, eee lation- $ 6,5ee 12,935 34,600 No. Account Title 181 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciati 3e7 Common stock 318 Retained earnings 319 Dividends 484 Services revenue 612 Depreciation expense- 622 Salaries expense 637 Insurance expense 648 Rent expense 652 Supplies expense Totals 6,eee 36,600 2,eee 21,338 1,537 2, 452...
The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 10,200 132,000 4,200 220,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $117,000 10,200 9,200 3,200 22,000 120,000 42,000 320,000 220,000 11,000 22,000 3,200 $643, 600 $643, 600 FIGHTIN' BLUE HENS CORPORATION Post-Closing...