Adjusting journal entries
On November 20, kings limited contracted to perform services for a client receiving $1600 in advance, this amount was recorded correctly on the date . Kings limited recorded the cash as unearned revenue as at December 31, kings limited still had $1400 unearned
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Journalize the following entries. Record debuts, credits, and explanation. There is 11 parts are I have...
Journalize the following
entries. Record debuts, credits, and explanation. There is 11 parts
are I have no idea what to do.
O More Info -x nal Ills Adjustment data at December 31 follow: a. As of December 31, Pikeville had $700 of Prepaid Insurance remaining. b. At the end of the month, Pikeville had $750 of office supplies remaining. c. Depreciation on the building is $4,100. d. Pikeville pays its employees weekly on Friday. Its employees earn $3,000 for a...
Record adjusting journal entries for each of the following for year ended December 31.
Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are made during the year. a. Unearned Rent Revenue. The Krug Company collected $15,000 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. b. Unearned Services Revenue. The company charges $150 per insect treatment. A customer paid $600 on October 1 in advance for four treatments, which...
Record adjusting journal entries for each of the following for year ended December 31.
Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are made during the year. a. Unearned Rent Revenue. The Krug Company collected $16,800 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1.b. Unearned Services Revenue. The company charges $165 per month to spray a house for insects. A customer paid $660 on October 1...
Record adjusting journal entries for each of the following for year ended December 31.
Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are made during the year. a. Unearned Rent Revenue. The Krug Company collected $12,600 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. b. Unearned Services Revenue. The compamy charges $130 per month to spray a house for Insects. A customer paid $520 on October 1in...
Record adjusting journal entries for each of the following for year ended December 31. Assume no...
Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are made during the year a. Unearned Rent Revenue. The Krug Company collected $7,800 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. b. Unearned Services Revenue. The company charges $90 per insect treatment. A customer paid $360 on October 1 in advance...
Record adjusting journal entries for each of the following for year ended December 31. Assume no...
Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are made during the year a. Unearned Rent Revenue. The Krug Company collected $14.400 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. b. Unearned Services Revenue. The company charges $145 per insect treatment. A customer paid $580 on October 1 in advance...
Record adjusting journal entries for each of the following for year ended December 31 Assume no...
Record adjusting journal entries for each of the following for year ended December 31 Assume no other adjusting entries are made during the year. a. Unearned Rent Revenue. The Krug Company collected $7.800 rent in advance on November 1. debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. b. Unearned Services Revenue. The company charges $90 per insect treatment. A customer paid $360 on October 1 in advance...
For each separate case below, follow the three-step process for adjusting the accrued revenue account at...
For each separate case below, follow the three-step process for adjusting the accrued revenue account at December 31. Step 1: Determine what the current account balance equals. Step 2: Determine what the current account balance should equal. Step 3: Record the December 31 adjusting entry to get from step 1 to step 2 Assume no other adjusting entries are made during the year a. Unearned Rent Revenue. The Krug Company collected 516,200 rent in advance on November 1, debiting Cash...
l Digi 4G 17:45 78%- online.vitalsource.com P3-36A Journalizing and posting adjustments to the four-column accounts and...
l Digi 4G 17:45 78%- online.vitalsource.com P3-36A Journalizing and posting adjustments to the four-column accounts and preparing an adjusted trial balance The unadjusted trial balance of Newport Inn Company at December 31, 2016, and the data needed for the adjustments follow. NEWPORT INN COMPANY Trial Balance December 31, 2016 Account Title Cash Accounts Receivable Prepaid Insurance Office Supplies Building Debit S 11,900 13,900 3,500 1,100 515,000 350,000 4,500 Accounts Payable Salaries Payable Unearned Revenue Coffey, Capital Coffey Withdrawals Service Revenue...
ACCT 101a Chapter 3 - Adjusting entries In the General Journal, record adjusting journal entries for...
ACCT 101a Chapter 3 - Adjusting entries In the General Journal, record adjusting journal entries for the following items for Sunny Inc. at December 31, 2018. 1. On January 2, 2018 Sunny Inc. accepted a $17,500 deposit from a client for design work to be completed during the year. On December 31, 2018 all the design work for the client is complete. 2. On December 31, 2018 the bill for gas was received but not yet paid. Amount is $375....
Journalize the following
entries. Record debuts, credits, and explanation. There is 11 parts
are I have no idea what to do.
O More Info -x nal Ills Adjustment data at December 31 follow: a. As of December 31, Pikeville had $700 of Prepaid Insurance remaining. b. At the end of the month, Pikeville had $750 of office supplies remaining. c. Depreciation on the building is $4,100. d. Pikeville pays its employees weekly on Friday. Its employees earn $3,000 for a...
Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are made during the year a. Unearned Rent Revenue. The Krug Company collected $7,800 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. b. Unearned Services Revenue. The company charges $90 per insect treatment. A customer paid $360 on October 1 in advance...
Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are made during the year a. Unearned Rent Revenue. The Krug Company collected $14.400 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. b. Unearned Services Revenue. The company charges $145 per insect treatment. A customer paid $580 on October 1 in advance...
Record adjusting journal entries for each of the following for year ended December 31 Assume no other adjusting entries are made during the year. a. Unearned Rent Revenue. The Krug Company collected $7.800 rent in advance on November 1. debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. b. Unearned Services Revenue. The company charges $90 per insect treatment. A customer paid $360 on October 1 in advance...
For each separate case below, follow the three-step process for adjusting the accrued revenue account at December 31. Step 1: Determine what the current account balance equals. Step 2: Determine what the current account balance should equal. Step 3: Record the December 31 adjusting entry to get from step 1 to step 2 Assume no other adjusting entries are made during the year a. Unearned Rent Revenue. The Krug Company collected 516,200 rent in advance on November 1, debiting Cash...
l Digi 4G 17:45 78%- online.vitalsource.com P3-36A Journalizing and posting adjustments to the four-column accounts and preparing an adjusted trial balance The unadjusted trial balance of Newport Inn Company at December 31, 2016, and the data needed for the adjustments follow. NEWPORT INN COMPANY Trial Balance December 31, 2016 Account Title Cash Accounts Receivable Prepaid Insurance Office Supplies Building Debit S 11,900 13,900 3,500 1,100 515,000 350,000 4,500 Accounts Payable Salaries Payable Unearned Revenue Coffey, Capital Coffey Withdrawals Service Revenue...
ACCT 101a Chapter 3 - Adjusting entries In the General Journal, record adjusting journal entries for the following items for Sunny Inc. at December 31, 2018. 1. On January 2, 2018 Sunny Inc. accepted a $17,500 deposit from a client for design work to be completed during the year. On December 31, 2018 all the design work for the client is complete. 2. On December 31, 2018 the bill for gas was received but not yet paid. Amount is $375....
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