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Using the information given complete the table given below: Additional Information: a. Annual depreciation of the...
prepare income statement Collaborations The adjusted trial balance for Sandhill Company is shown below. WileyPLUS Support...
prepare income statement
Collaborations The adjusted trial balance for Sandhill Company is shown below. WileyPLUS Support SANDHILL COMPANY Trial Balance August 31, 2020 Before After Adjustment Adjustment Dr. Cr. Dr. Cr. Cash $10.500 $10.500 Accounts Receivable 8,700 9,500 Supplies 2.300 500 Prepaid Insurance 4,000 2700 Equipment 12.400 12.400 Accumulated Depreciation-Equipment $3,600 54.300 Accounts Payable 5,900 5.900 Salaries and Wages Payable 1.300 Uneamed Rent Revenue 1600 600 Owner's Capital 13,900 13.900 Service Revenue 34,200 35.000 Rent Revenue 10.900 11,900 Salarles and...
complete the adjusting entries, adjusted trial balance, income statement and balance sheet using the information provid...
complete the adjusting entries, adjusted trial balance, income
statement and balance sheet using the information provided
Number Styles D6 A C G H 1 Unadusted Trial Balance Dr. Adjusting Entries Dr. Adusted Trial Balance Income Starement Balance Sheet Cr Dr Cr. Cr Dr Cr. Permanent Accounts 6Cash Accounts Receivable 8 Prepaid Insurance Land Buldings Accumulated Depreciation-Buildings 12 Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Rent Revenue Common Stock Retained Eamings 12,463 14.021 4.673 311.583 140,000 35,000 61.000 18.300...
Using the following additional information, enter the adjustments into the work sheet with the help of...
Using the following additional information, enter the
adjustments into the work sheet with the help of unadjusted trial
balance given below: (10 marks)
Unadjusted Trial Balance
No.
Account
Debit
Credit
101
Cash
9,100
106
Accounts receivable
18,700
111
Notes receivable, due February 2015
16,000
128
Prepaid insurance
5,100
161
Furniture
6,750
201
Accounts payable
6,925
230
Unearned tour revenue
12,430
301
Jan Rider, capital
60,975
302
Jan Rider, withdrawals
-0-
403
Tour revenue
16,700
623
Wages expense
41,380
Totals
97,030...
2. Use the following adjustment Information to complete the Adjustments columns of the work sheet. a....
2. Use the following adjustment Information to complete the Adjustments columns of the work sheet. a. Depreciation on equipment, $3 b. Accrued salarles, $6 c. The $12 of unearned revenue has been earned d. Supplies available at December 31, $15 e. Explred Insurance, $15 3. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns. Compute totals for those columns Including net Income. WESTCOTT COMPANY Partial Work Sheet For the year...
2. Use the following adjustment information to complete the Adjustments columns of the work sheet. a....
2. Use the following adjustment information to complete the Adjustments columns of the work sheet. a. Depreciation on equipment. $19 b. Accrued salaries, $22 C. The $28 of unearned revenue has been earned d. Supplies available at December 31, $95 e. Expired insurance, $31 3. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns. Compute totals for those columns including net income. WESTCOTT COMPANY Partial Work Sheet For the year...
The adjusted trial balance for Frinzi Company is given in below. FRINZI COMPANY Trial Balance August 31, 2015 E...
The adjusted trial balance for Frinzi Company is given in
below.
FRINZI COMPANY
Trial Balance
August 31, 2015
Exercise 3-14 (Part Level Submission) The adjusted trial balance for Frinzi Company is given in below. FRINZI COMPANY Trial Balance August 31, 2015 After Adjustment Before Adjustment Dr. Cr. Dr. Cr. Cash $10,261 $10,261 Accounts Receivable 8,657 9,881 Supplies 2,364 551 Prepaid Insurance 3,812 2,634 Equipment 14,319 14,319 Accumulated Depreciation-Equipment 3,728 $4,333 Accounts Payable 5,748 5,748 Salaries and Wages Payable 1,302 Unearned...
The adjusted trial balance for Oriole Company is given in below. Oriole Company Trial Balance August...
The adjusted trial balance for Oriole Company is given in below. Oriole Company Trial Balance August 31, 2020 Before After Adjustment Adjustment Dr. Cr. Dr. Cr. Cash €10,100 €10,100 Accounts Receivable 8,900 10,000 Supplies 2,500 500 Prepaid Insurance 3,800 2,500 Equipment 13,500 13,500 Accumulated Depreciation-Equipment € 3,400 € 4,600 Accounts Payable 5,700 5,700 Salaries and Wages Payable 1,500 Unearned Rent Revenue 1,400 800 Share Capital-Ordinary 10,800 10,800 Retained Earnings 4,400 4,400 Service Revenue 33,900 35,000 Rent Revenue 11,200 11,800 Salaries...
Required information [The following information applies to the questions displayed below.] The December 31, 2021, unadjusted...
Required information [The following information applies to the questions displayed below.] The December 31, 2021, unadjusted trial balance for the Wolkstein Drug Company is presented below. December 31 is the company's year-end reporting date. Credits Debits 53,040 29,000 4,400 45,000 98,000 29,400 32,000 Account Title Cash Accounts receivable Prepaid rent Inventory Equipment Accumulated depreciation Accounts payable Salaries payable Common stock Retained earnings Sales revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Utilities expense Advertising expense Totals 100,000...
From the following trial balance and additional data, complete a worksheet for -2 Jim's Hardware: Additional...
From the following trial balance and additional data, complete a worksheet for -2 Jim's Hardware: Additional Data L01,2 (60 min) count of inventory on December 31, $615 a. Physical bInsurance expired, $150 Depreciation expense on store equipment, $60 C. d. Accrued wages, $90 JIM'S HARDWARE TRIAL BALANCE DECEMBER 31, 2018 Figure 11.11 Trial Balance for Jim's Hardware Dr. Cash Cr. 78600 115200 60000 68400 216000 Accounts Receivable Merchandise Inventory Prepaid Insurance Store Equipment Accumulated Depreciation, Store Equipment Check Figure: Net...
1. & 2. 3. The following data are taken from the unadjusted trial balance of the...
1. & 2. 3. The following data are taken from the unadjusted trial balance of the Westcott Company at December 31. Complete the work sheet following adjustment Complete the Adjusted Trial Balance columns of the work sheet. (Enter their balances in the correct Debit or Credit column of the Unadjusted Trial Balance columns.) Use the following adjustment information to complete the Adjustments columns of the work sheet a. Depreciation on equipment, $11 b. Accrued salaries, $7 c. The $15 of...
prepare income statement
Collaborations The adjusted trial balance for Sandhill Company is shown below. WileyPLUS Support SANDHILL COMPANY Trial Balance August 31, 2020 Before After Adjustment Adjustment Dr. Cr. Dr. Cr. Cash $10.500 $10.500 Accounts Receivable 8,700 9,500 Supplies 2.300 500 Prepaid Insurance 4,000 2700 Equipment 12.400 12.400 Accumulated Depreciation-Equipment $3,600 54.300 Accounts Payable 5,900 5.900 Salaries and Wages Payable 1.300 Uneamed Rent Revenue 1600 600 Owner's Capital 13,900 13.900 Service Revenue 34,200 35.000 Rent Revenue 10.900 11,900 Salarles and...
complete the adjusting entries, adjusted trial balance, income
statement and balance sheet using the information provided
Number Styles D6 A C G H 1 Unadusted Trial Balance Dr. Adjusting Entries Dr. Adusted Trial Balance Income Starement Balance Sheet Cr Dr Cr. Cr Dr Cr. Permanent Accounts 6Cash Accounts Receivable 8 Prepaid Insurance Land Buldings Accumulated Depreciation-Buildings 12 Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Rent Revenue Common Stock Retained Eamings 12,463 14.021 4.673 311.583 140,000 35,000 61.000 18.300...
Using the following additional information, enter the
adjustments into the work sheet with the help of unadjusted trial
balance given below: (10 marks)
Unadjusted Trial Balance
No.
Account
Debit
Credit
101
Cash
9,100
106
Accounts receivable
18,700
111
Notes receivable, due February 2015
16,000
128
Prepaid insurance
5,100
161
Furniture
6,750
201
Accounts payable
6,925
230
Unearned tour revenue
12,430
301
Jan Rider, capital
60,975
302
Jan Rider, withdrawals
-0-
403
Tour revenue
16,700
623
Wages expense
41,380
Totals
97,030...
2. Use the following adjustment Information to complete the Adjustments columns of the work sheet. a. Depreciation on equipment, $3 b. Accrued salarles, $6 c. The $12 of unearned revenue has been earned d. Supplies available at December 31, $15 e. Explred Insurance, $15 3. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns. Compute totals for those columns Including net Income. WESTCOTT COMPANY Partial Work Sheet For the year...
2. Use the following adjustment information to complete the Adjustments columns of the work sheet. a. Depreciation on equipment. $19 b. Accrued salaries, $22 C. The $28 of unearned revenue has been earned d. Supplies available at December 31, $95 e. Expired insurance, $31 3. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns. Compute totals for those columns including net income. WESTCOTT COMPANY Partial Work Sheet For the year...
The adjusted trial balance for Frinzi Company is given in
below.
FRINZI COMPANY
Trial Balance
August 31, 2015
Exercise 3-14 (Part Level Submission) The adjusted trial balance for Frinzi Company is given in below. FRINZI COMPANY Trial Balance August 31, 2015 After Adjustment Before Adjustment Dr. Cr. Dr. Cr. Cash $10,261 $10,261 Accounts Receivable 8,657 9,881 Supplies 2,364 551 Prepaid Insurance 3,812 2,634 Equipment 14,319 14,319 Accumulated Depreciation-Equipment 3,728 $4,333 Accounts Payable 5,748 5,748 Salaries and Wages Payable 1,302 Unearned...
The adjusted trial balance for Oriole Company is given in below. Oriole Company Trial Balance August 31, 2020 Before After Adjustment Adjustment Dr. Cr. Dr. Cr. Cash €10,100 €10,100 Accounts Receivable 8,900 10,000 Supplies 2,500 500 Prepaid Insurance 3,800 2,500 Equipment 13,500 13,500 Accumulated Depreciation-Equipment € 3,400 € 4,600 Accounts Payable 5,700 5,700 Salaries and Wages Payable 1,500 Unearned Rent Revenue 1,400 800 Share Capital-Ordinary 10,800 10,800 Retained Earnings 4,400 4,400 Service Revenue 33,900 35,000 Rent Revenue 11,200 11,800 Salaries...
Required information [The following information applies to the questions displayed below.] The December 31, 2021, unadjusted trial balance for the Wolkstein Drug Company is presented below. December 31 is the company's year-end reporting date. Credits Debits 53,040 29,000 4,400 45,000 98,000 29,400 32,000 Account Title Cash Accounts receivable Prepaid rent Inventory Equipment Accumulated depreciation Accounts payable Salaries payable Common stock Retained earnings Sales revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Utilities expense Advertising expense Totals 100,000...
From the following trial balance and additional data, complete a worksheet for -2 Jim's Hardware: Additional Data L01,2 (60 min) count of inventory on December 31, $615 a. Physical bInsurance expired, $150 Depreciation expense on store equipment, $60 C. d. Accrued wages, $90 JIM'S HARDWARE TRIAL BALANCE DECEMBER 31, 2018 Figure 11.11 Trial Balance for Jim's Hardware Dr. Cash Cr. 78600 115200 60000 68400 216000 Accounts Receivable Merchandise Inventory Prepaid Insurance Store Equipment Accumulated Depreciation, Store Equipment Check Figure: Net...
1. & 2. 3. The following data are taken from the unadjusted trial balance of the Westcott Company at December 31. Complete the work sheet following adjustment Complete the Adjusted Trial Balance columns of the work sheet. (Enter their balances in the correct Debit or Credit column of the Unadjusted Trial Balance columns.) Use the following adjustment information to complete the Adjustments columns of the work sheet a. Depreciation on equipment, $11 b. Accrued salaries, $7 c. The $15 of...
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