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chapter 13 Homework × - Chapter 13 Homework Help Save & Exit Submit Check my work 6 Required information The following information applies to the questions dispiayed below. The following transactions pertaln to Smith Training Company for Year 1: Part 5 of G an 30 Established the business when it acquired $54,08 cash from the issue of common stock Feb. 1 Paid rent for oftice space tor two years, $15,800 cash Apr. 10 Purchased $778 of supplices on account July 1 Received $23,500 cash in advance tor services to be provided over the next year points 29 Paid $578 of the accounts payable from April 10 Aug. 15 Billed a customer $10,000 for services provided during August Sept.15 Completed a job and received $3,800 cash for services rendered Oct. 1 Paid employee salaries of $36,500 cash 15 Received $8,080 cash from accounts receivable Nov. 16 Billed customers $37,000 tor services rendered or account Dec. 1 Paid a dividend of $1,208 cash to the stockholders. 31 Adjusted records to recognize the services provided on the contract ot July 1 31 Recorded $2,450 ofaccrued salaries as of December 31 31 Recorded the rent expense for the year. (See February 1.) 31 physically counted supplies; $110 was on hand at the end of the period e. Record the entries to close the Year 1 tempory a courts to Retained C히nings in the generel ournal and post to the T accounts. (I no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answers to the nearest whole dollar amount.) View transaction list Pre67of 7 Next 12:02 PM O Type here to search 5/11/2019 1 chapter 13 Homework × - 久旧画 Chapter 13 Homework Help Save & Exit Submit Check my work Required information Part 5 of G ournal entry worksheet points Record the closure of service revenue. eBook Ask Mote: Enter debits before credits Date Debit Credit Dec 31 Clear entry Record entry View general journal Pre67of 7 Next 12:02 PM O Type here to search 5/11/2019 1 Chapter 13 Homework > - Chapter 13 Homework Help Save & Exit Submit Check my work Required information Part 5 of G ournal entry worksheet Record the closure of expenses account. eBook Ask Mote: Enter debits before credits Date Debit Credit Dec 31 Clear entry Record entry View general journal 6-7 of 7 Next > K Prev 12:02 PM O Type here to search 5/11/2019 1 chapter 13 Homework × - Chapter 13 Homework Help Save & Exit Submit Check my work Required information Part 5 of G ournal entry worksheet points Record the payment of Dividends eBook Ask Mote: Enter debits before credits Date Debit Credit Dec 31 Clear entry Record entry View general journal 6 7 of 7Next> K Prev 12:02 PM O Type here to search 5/11/2019 1 chapter 13 Homework × - 久旧画 Chapter 13 Homework Help Save & Exit Submit Check my work 6 Required information Part 5 of G Cash Bog. Dal Enxi Bal End Bal points Rent Beg. Bal End. Hal Beg. Bal. End Bal Ask Beg Bal Beg Bal Fnd Hal Frd Bal Salaries Pay Stock Bex. Ba End. Bal. Beu. Bal End. Bal Beg Hal Heg Hal CI CI CI Erdi. Bal Eri Dal 6-7 of 7 Next > K Prev 12:02 PM O Type here to search 5/11/2019 1 chapter 13 Homework × - Chapter 13 Homework。 Help Save & Exit Submit Check my work 6 Required information Part 5 of G B0g Bal End. Bal. Bog Bal End. Bal Beg Hal CI Beg Hal CI CI Enxi Bal End Bal Ask Beg. Bal CI End. Bal. Beu. Bal CI End. Bal Rent Expense Beg Hal Heg Hal Cil Cl Enxi. Ba Erdi. Bal 6-7 of 7 Next > K Prev 12:02 PM O Type here to search 5/11/2019 1

Answer 1

Please hit LIKE button if this helped. For any further explanation, please put your query in comment, will get back to you Date Account Debit Credit Accounts Receivable Credit Credit an 30 Cash 54,000 $ 54,000 Feb 1 $23,500 Jul 20 Oct 1 8,000 Dec 1 15,800 5 578 15 S 10,000 Oct 15 8,000 54,000 Common Stock 37,000 15 15,800 5 1,200 Endinf Balance 39,000 Feb1 Prepaid Rent Oct 15 Ending Balance 34,422 Apr 10 Supplis Credit Prepald Rent 5770 Dec 31 Credit 23,500 15,80O Dec 31 Ending Balance 110 S 23,500 Unearned Revenue Ending Balanc $8,558 earned servicer Jul 20 Accounts Payable Credit Acounts Payable S 23,500 lul 1 5 23,500 578 Apr 10 Au 15Accounts Receivable $ 10,000 ul 20 Ending Balance Service Revenue Ending Balance S 192 Common Stock 5 3,000 Debiit Credit Service Revenue Salries Payable Jan 30 S 54,000 Credit Salarles expense 36,500 Dec 31 Ending Balance 54,000 S 3G,500 Ending Balance 2,450 Dividend $ 8,000 Oct 15 Cash Accounts Receivable $ 8,000 Retained Earnin Retained Earn Debit Fding alance $ Nov 16 Accnts Resccivable $ 37,000 73,500 $ 37.000 Service Revenue 200 Salaries Expense Dividends Cash Debit Credit S 1,200 Ending Balance S 25,448 36,500 Retained Ea 38,950 Dec 31 23,500 Ending Balance S Dec 31 Unrned Service Revenue Service Revenue $ 23,500 Drbiit Credit Service Revenue Retalned Earning 73,500 Aug 15 S 10,000 $ 3,000 Supplles Expense Debit Dec 31 Salaries Expense Credit S660 Retained Earning Salaries Payable Dec 31 660 Nov 16 5 23,500 Dec 31 Ending Balance S Dec 3 Rent Expense 7,212 Ending Balance - Prepaid Rent $15,800/24 11) Supplics Expense ($770-5110] Rent Expense Dec 31 Credit 7,242 Retained Earning 7,242 Dec 31 Ending Balance S Date Debit Service Revenue 73,500 73,500 Retained Earning flo close service revenue #ccount) Retained Carning 5 45,852 38,950 Salaries Expense Rent Expense To close cxpense a Retained Earnin To close dividend account) 1,200