Question

Problem 4-02A a-e (Part Level Submission) The adjusted trial balance columns of the worksheet for Pina Colada Company are as follows. cr Account No. 201 Pina Colada Company Worksheet For the Year Ended December 31, 2019 Adjusted Trial Balance Account Titles Dr. Cash 5,200 Accounts Receivable 10,800 Supplies 1,200 Prepaid Insurance 2,100 Equipment 27,000 Accumulated Depreciation-Equipment 5,600 Notes Payable 14,000 Accounts Payable 6,300 Salaries and Wages Payable 2,300 Interest Payable 600 Common Stock 9,750 Retained Earnings 2,850 Dividends 6,500 Service Revenue 60,900 Advertising Expense 8,200 Supplies Expense 4,000 Depreciation Expense 5,600 Insurance Expense 3,000 Salaries and Wages Expense 28,100 Interest Expense Totals 102,300 102,300 212 230 311 320 332 400 610 631 711 722 726 905 600

Answer 1

a) Adjusted Trial Balance Account No. Account Titles 101 Cash 112 Accounts Receivable 126 Supplies 130 Prepaid Insurance 157 Equipment 158 Accumulated Depreciation-Equipment 200 Note Payable 201 Accounts Payable 212 Salaries and wages payable 230 Interest payable 311 Common Stock 320 Retained Earnings 332 Dividends 400 Service Revenue 610 Advertising expense 631 Supplies expense 711 Depreciation expense 722 Insurance expense Salaries and wages expense 905 Interest expense Totals Net Income Totals Pina colada company Worksheet As on December 31, 2019 Adjusted Trial balance Income Statement Debit Credit Debit Credit $5,200 $10.800 $1,200 $2.100 $27.000 $5.600 $14.000 $6,300 $2,300 $600 $9.750 $2.850 $6,500 $60.900 $60.900 $8.200 $8.200 $4.000 $4.000 $5,600 $5,600 $3.000 $3,000 $28.100 $28.100 $600 $600 $102,300 $102,300 $49,500 $60.900 $11.400 $60,900 $60.900 Balance sheet Debit Credit $5,200 $10.800 $1,200 $2.100 $27.000 $5,600 $14,000 $6,300 $2,300 $600 $9.750 $2.850 $6,500 726 $52.800 $41.400 $11,400 $52.800 $52.800