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Pharoah Company had the following trial balance at June 30, 2021 (its year end). Collaborations Wiley PLUS Support Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Equipment Unearned Revenue Pharoah. Capital Totals Debit Credit $6,000 860 1.260 9.864 $4.110 1.490 12,384 $17,984 $17.984 During the month of July, the following selected transactions took place: July 2 Paid $780 cash for rent for July August, and September 10 Purchased $100 of supplies for cash. 14 Collected the full balance of accounts receivable....
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Pharoah Company had the following trial balance at June 30, 2021 (its year-end).During the month of July, the following selected transactions took place:July 2 Paid $ 780 cash for rent for July, August, and September.10 Purchased $ 100 of supplies for cash.14 Collected the full balance of accounts receivable.20 Received $ 720 cash from a customer for services to be provided in August.25 Provided $ 1,310 of services for a customer and immediately collected cash.Additional information:1. At July 31, the...
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Conferences Credit Colaborations Debit $5,980 890 1.240 9.792 WileyPLUS Support Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Unearned Revenue Wildhorse, Capital Totals SLOBO 1.400 12,422 $17.902 $17.902 During the month of July, the following selected transactions took places July 2 Paid $810 cash for rent for July August, and September 10 Purchased $120 of supplies for cash. 14 Collected the full balance of accounts receivable. 20 Received $760 cash from a customer for services to be provided in August 25...
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The CCBC Corporation had the following opening trial balance at
the beginning of its fiscal year, July 1, 2018:DebitCreditCash$7,700Accounts receivable6,600Supplies1,200Equipment13,800Accumulated
depreciation—equipment$5,500Unearned revenue2,750Common shares6,000Retained earnings15,050Totals$29,300$29,300During the month of July, the following selected transactions took
place:July 2Paid $1,000 for two months’
rent in advance for July and August.7Purchased $200 of supplies on
account.14Collected half of outstanding
accounts receivable.15Borrowed $1,000 from the bank
for one year at an interest rate of 5%.21Received $1,000 cash from a
customer for services to be performed in...
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The CCBC Corporation had the following opening trial balance at
the beginning of its fiscal year, July 1, 2018:
Debit
Credit
Cash
$
7,700
Accounts receivable
6,600
Supplies
1,200
Equipment
13,800
Accumulated depreciation—equipment
$
5,500
Unearned revenue
2,750
Common shares
6,000
Retained earnings
15,050
Totals
$
29,300
$
29,300
During the month of July, the following selected transactions took
place:
July 2
Paid $1,000 for two months’ rent in advance for July and
August.
7
Purchased $200 of supplies on...
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Blossom Company had the following transactions: 1 Cash is paid for the purchase of $435 of office supplies. 2. Customer is billed $1,810 for services provided that day. 3. Equipment with a cost of $2.970 is purchased on account 4. The current month's utility bill of $235 is paid in cash. 5. Cash of $790 is received for services provided that day. 6. Cash of $7,040 is received for services to be provided in the next month. Journalize the transactions....
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Question 1 View Policies Current Attempt in Progress Calculate the missing information in each of the following independent situations: Blossom Company Sunland Company Kingbird, Co. Supplies on hand, May 31, 2020 $780 $1,305 $955 3,755 3,055 2,305 Supplies purchased during the year 655 1355 1,705 Supplies on hand, May 31, 2021 5190 2,655 Supplies used during the year e Textbook and Media Attempts:0 of 3 used Save for Later OP € 2 O e o o ew ng Weekly Wildhorse...
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The trial balance of Kingbird, Inc. on June 30, 2020 is as follows: Debit Credit $3.440 3,877 960 4,560 Cash Accounts receivable Supplies Equipment Accounts payable Unearned revenue Common shares Retained earnings Service revenue Salaries and wages expense Office expense $3,199 1,440 7,200 3,348 2,860 4,080 1,130 $18,047 $18,047 The following transactions took place in July 2020: 1. 2. 3. 4. 5. Payments received from customers on account amounted to $1,580. A computer printer was purchased on account for $600....
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SUNLAND COMPANY Trial Balance June 30, 2017 Debit Credit Cash $ 6,090 Accounts Receivable $6,190 Supplies 2,750 6,000 Equipment Accounts Payable 6,686 Unearned Service Revenue 3.150 Common Stock 12,000 Dividends 800 Service Revenue 6,480 Salaries and Wages Expense 3,450 Utilities Expense 985 $23,325 $31.256 Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors: 1. Cash received from a customer on account was debited for $760,...
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At June 30, 2017, the end of its most recent fiscal year, Green River Computer Consultants' post-closing trial balance was as follows: Debit Credit Cash $5,230 Accounts receivable 1,200 Supplies 690 Accounts payable $400 Unearned service revenue 1,120 Common stock 3,600 Retained earnings 2,000 $7,120 $7,120 The company underwent a major expansion in July. New staff was hired and more financing was obtained. Green River conducted the following transactions during July 2017, and adjusts its accounts monthly. July 1 Purchased...
Pharoah Company had the following trial balance at June 30, 2021 (its year end). Collaborations Wiley PLUS Support Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Equipment Unearned Revenue Pharoah. Capital Totals Debit Credit $6,000 860 1.260 9.864 $4.110 1.490 12,384 $17,984 $17.984 During the month of July, the following selected transactions took place: July 2 Paid $780 cash for rent for July August, and September 10 Purchased $100 of supplies for cash. 14 Collected the full balance of accounts receivable....
Conferences Credit Colaborations Debit $5,980 890 1.240 9.792 WileyPLUS Support Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Unearned Revenue Wildhorse, Capital Totals SLOBO 1.400 12,422 $17.902 $17.902 During the month of July, the following selected transactions took places July 2 Paid $810 cash for rent for July August, and September 10 Purchased $120 of supplies for cash. 14 Collected the full balance of accounts receivable. 20 Received $760 cash from a customer for services to be provided in August 25...
The CCBC Corporation had the following opening trial balance at
the beginning of its fiscal year, July 1, 2018:DebitCreditCash$7,700Accounts receivable6,600Supplies1,200Equipment13,800Accumulated
depreciation—equipment$5,500Unearned revenue2,750Common shares6,000Retained earnings15,050Totals$29,300$29,300During the month of July, the following selected transactions took
place:July 2Paid $1,000 for two months’
rent in advance for July and August.7Purchased $200 of supplies on
account.14Collected half of outstanding
accounts receivable.15Borrowed $1,000 from the bank
for one year at an interest rate of 5%.21Received $1,000 cash from a
customer for services to be performed in...
The CCBC Corporation had the following opening trial balance at
the beginning of its fiscal year, July 1, 2018:
Debit
Credit
Cash
$
7,700
Accounts receivable
6,600
Supplies
1,200
Equipment
13,800
Accumulated depreciation—equipment
$
5,500
Unearned revenue
2,750
Common shares
6,000
Retained earnings
15,050
Totals
$
29,300
$
29,300
During the month of July, the following selected transactions took
place:
July 2
Paid $1,000 for two months’ rent in advance for July and
August.
7
Purchased $200 of supplies on...
Blossom Company had the following transactions: 1 Cash is paid for the purchase of $435 of office supplies. 2. Customer is billed $1,810 for services provided that day. 3. Equipment with a cost of $2.970 is purchased on account 4. The current month's utility bill of $235 is paid in cash. 5. Cash of $790 is received for services provided that day. 6. Cash of $7,040 is received for services to be provided in the next month. Journalize the transactions....
Question 1 View Policies Current Attempt in Progress Calculate the missing information in each of the following independent situations: Blossom Company Sunland Company Kingbird, Co. Supplies on hand, May 31, 2020 $780 $1,305 $955 3,755 3,055 2,305 Supplies purchased during the year 655 1355 1,705 Supplies on hand, May 31, 2021 5190 2,655 Supplies used during the year e Textbook and Media Attempts:0 of 3 used Save for Later OP € 2 O e o o ew ng Weekly Wildhorse...
The trial balance of Kingbird, Inc. on June 30, 2020 is as follows: Debit Credit $3.440 3,877 960 4,560 Cash Accounts receivable Supplies Equipment Accounts payable Unearned revenue Common shares Retained earnings Service revenue Salaries and wages expense Office expense $3,199 1,440 7,200 3,348 2,860 4,080 1,130 $18,047 $18,047 The following transactions took place in July 2020: 1. 2. 3. 4. 5. Payments received from customers on account amounted to $1,580. A computer printer was purchased on account for $600....
SUNLAND COMPANY Trial Balance June 30, 2017 Debit Credit Cash $ 6,090 Accounts Receivable $6,190 Supplies 2,750 6,000 Equipment Accounts Payable 6,686 Unearned Service Revenue 3.150 Common Stock 12,000 Dividends 800 Service Revenue 6,480 Salaries and Wages Expense 3,450 Utilities Expense 985 $23,325 $31.256 Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors: 1. Cash received from a customer on account was debited for $760,...
At June 30, 2017, the end of its most recent fiscal year, Green River Computer Consultants' post-closing trial balance was as follows: Debit Credit Cash $5,230 Accounts receivable 1,200 Supplies 690 Accounts payable $400 Unearned service revenue 1,120 Common stock 3,600 Retained earnings 2,000 $7,120 $7,120 The company underwent a major expansion in July. New staff was hired and more financing was obtained. Green River conducted the following transactions during July 2017, and adjusts its accounts monthly. July 1 Purchased...