Answer
= 52442 + 63126 – 17100
= $ 98,468 [not $ 46026]
MARTINEZ PEREZ, CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2017 Debit $29,500 56,400 Credit Cash Accounts Receivable...
The following are the trial balance and the other information related to Martinez Perez, a consulting engineer. MARTINEZ PEREZ, CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2017 Debit Credit $29,500 56,400 $718 1,730 1,050 33,800 Cash Accounts Receivable Allowance for Doubtful Accounts Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Notes Payable Owner's Capital Service Revenue Rent Expense (13 months of rent) Salaries and Wages Expense Utilities Expenses Office Expense 8,450 7,200 35,342 112,964 9,334 30,360 1,750 750 Totals $164,674 $164,674 1....
MARK CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2020 Debit Credit Cash $29,500 Accounts Receivable 56,600 Allowance for Doubtful Accounts $776 Supplies 1,630 Prepaid Insurance 1,510 Equipment 33,500 Accumulated Depreciation-Equipment 6,314 Notes Payable 7,200 Common Stock 10,000 Retained Earnings 25,979 Service Revenue 117,759 Rent Expense 10,088 Salaries and Wages Expense 33,260 Utilities Expenses 1,150 Office Expense 790 $168,028 $168,028 1. Fees received in advance from clients $5,850, which were recorded as revenue. 2. Services performed for clients that were not recorded...
Problem 3-6 The following are the trial balance and the other information related to Pearl Perez, a consulting engineer. PEARL PEREZ, CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2017 Debit Credit Cash $29,500 Accounts Receivable 57,000 Allowance for Doubtful Accounts $815 Supplies 1,880 Prepaid Insurance 1,940 Equipment 30,300 Accumulated Depreciation-Equipment 7,575 Notes Payable 7,200 Owner’s Capital 36,778 Service Revenue 115,887 Rent Expense (13 months of rent) 10,595 Salaries and Wages Expense 34,700 Utilities Expenses 1,720 Office Expense 620 Totals $168,255 $168,255...
The following are the trial balance and the other information related to Charles Consulting Engineer. CHARLES CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2020 Debit Credit Cash $29,500 Accounts Receivable 52,700 Allowance for Doubtful Accounts $701 Supplies 2,000 Prepaid Insurance 1,680 Equipment 26,300 Accumulated Depreciation-Equipment 6,310 Notes Payable 7,200 Common Stock 10,000 Retained Earnings 24,581 Service Revenue 107,741 Rent Expense 9,113 Salaries and Wages Expense 32,990 Utilities Expenses 1,640 Office Expense 610 $156,533 $156,533 1. Fees received in advance from clients...
Problem 3-06 The following are the trial balance and the other information related to Kenneth Consulting Engineer. Credit $817 KENNETH CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2020 Debit Cash $29,500 Accounts Receivable 57,200 Allowance for Doubtful Accounts Supplies 1,500 Prepaid Insurance 1,270 Equipment 29,700 Accumulated Depreciation Equipment Notes Payable Common Stock Retained Earnings Service Revenue Rent Expense 10,621 Salaries and Wages Expense 34,650 Utilities Expenses 1,680 Office Expense 680 $166,801 5,759 7,200 10,000 22,092 120,933 $166,801 1. Fees received in...
The following are the trial balance and the other information related to Robert Consulting Engineer. ROBERT CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2020 Debit Credit Cash $29,500 Accounts Receivable 55,200 Allowance for Doubtful Accounts $732 Supplies 2,490 Prepaid Insurance 1,740 Equipment 29,700 Accumulated Depreciation-Equipment 6,522 Notes Payable 7,200 Common Stock 10,000 Retained Earnings 22,774 Service Revenue 115,238 Rent Expense 9,516 Salaries and Wages Expense 32,130 Utilities Expenses 1,400 Office Expense 790 $162,466 $162,466 1. Fees received in advance from clients...
What is Total Liabilities and Stockholders' Equity as of December 31, 2017? Matthews Company Adjusted Trial Balance December 31, 2017 DEBIT CREDIT Cash Accounts Receivable Allowance for Doubtful Accounts Short term Note Receivable Interest Receivable Supplies Inventory Prepaid Expenses Equipment Accumulated Depreciation Copyrights Accounts Payable Interest Payable Unearned Revenue Long Term Note Payable Common Stock Paid-in-Capital In Excess of Par CS Retained Earnings (1/1/17) Dividends Sales Sales Returns& Allowances Sales Discounts Cost of Goods Sold Bad debt expense Depreciaion Expense...
Presented below is the adjusted trial balance of Tamarisk, Inc at December 31, 2017 Debit Credit Cash $ Supplies 1110 Accounts Receivable 3,420 Prepaid Insurance 2.400 Equipment 80.100 $20060 Accumulated Depreciation-Equipment Trademarks 3.540 Accounts Payable Salaries and Wages Payable Unearned Service Revenue Bonds Payable due 2024 LE32060 Common Stock Additional paid-in capital Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Rent Expense Additional Nettheve 2o Video Course Content 2020 SPRIN* Chapter 5 Homework s.com/courses/32973/assignments/3353614 Prepare a classified balance...
Carlos Perez Delivery Service Work Sheet (Partial) For Month Ended January 31, 2017 Income Statement Account Title Debit Credit Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accum. Dent. -- Equinu Accounts Payable Wages Payable Carlos Perez, Capital Carlos Perez, Drawing Consulting Fees Wages Expense 880 Rent Expense 1,100 Supplies Expense 220 Telephone Expense 175 Electricity Expense 320 Insurance Expense 550 Depr. Exp.-Delivery Equip. 400 Miscellaneous Expense 3,700 6,400 Net Income 2.700 6,400 6,400 Balance Sheet Debit Credit 11,000 1,500 1,200...
3. (15 points) (Adjusting Entries and Financial Statements) The following are the trial balance and the other information related to Yorkis Perez, a consulting engineer. YORKIS PEREZ, CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2014 Debit Credit Cash $ 44,500 Accounts Receivable 49,600 Allowance For Doubtful Accounts $ 750 Inventory 1,960 Prepaid Insurance 1,100 Prepaid Rent 3,750 Equipment 25,000 Accumulated Depreciation Equipment 6,250 Unearned Revenue 15,000 Notes Payable 7,200 Owner's Capital 35,010 Service Revenue 103,750 Rent Expense 9,750 Salaries and Wages...