Homework Answers
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Craven Furniture Repair |
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Trail Balance |
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December 31,2018 |
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Balance |
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Account Title |
Debit($) |
Credit($) |
|
Cash |
15000 |
|
|
Unearned Revenue |
14180 |
|
|
Equipment |
21000 |
|
|
Service Revenue |
11000 |
|
|
Common Stock |
19000 |
|
|
Advertising expense |
1400 |
|
|
Utilities expense |
1000 |
|
|
Rent expense |
5600 |
|
|
Account Payable |
1300 |
|
|
Dividends |
1480 |
|
|
Total |
45480 |
45480 |
Unearned Ticket Revenue is $6,034 on the unadjusted trial balance. During the period, $4,309 of that...
Unearned Ticket Revenue is $6,034 on the unadjusted trial balance. During the period, $4,309 of that money has now been earned. The adjusted balance for Unearned Ticket Revenue is a: O A. $4,309 debit. B. $ 1,725 debit. O C. $1,725 credit. O D. $4,309 credit. Office equipment was purchased for $1,300 on account from Supplies -for -Less. The journal entry would include a: O A. debit to Office Equipment and a credit to Cash. O B. debit to Office...
Equipment Accounts Payable Unearned Revenue Wages Expense Jarron Company Adjusted Trial Balance December 31, 2018 Cash...
Equipment Accounts Payable Unearned Revenue Wages Expense Jarron Company Adjusted Trial Balance December 31, 2018 Cash 112,000 Accounts Receivable 30,000 Supplies 6,000 Prepaid Insurance 24,000 Inventory 108,000 Vehicle Ponce 25,000 75,000 Accumulated Depreciation Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2018) Dividends 7,000 Repair Expense 10,000 Delivery Expense 45,000 Depreciation Expense 15,000 Rent Expense 52,000 Insurance Expense 6. 22,000 152,000 Supplies Expense 14,500 Interest Expense 2,000 Income Tax Expense 35,000 Total 734,500 40,000 8,000 7,000 12,000 50,000 44,000...
Included in Adams Company’s December 31, 2020, trial balance are the following accounts: Accounts Payable $220,000,...
Included in Adams Company’s December 31, 2020, trial balance are the following accounts: Accounts Payable $220,000, Pension Liability $375,000, Discount on Bonds Payable $29,000, Unearned Rent Revenue $41,000, Bonds Payable $400,000, Salaries and Wages Payable $27,000, Interest Payable $12,000, and Income Taxes Payable $29,000. Prepare the current liabilities section of the balance sheet.
partb) :partc) also, need to find t account for Accounts Payable, unearned revenue,W. Slowcombe Capital, W....
partb) :partc)
also, need to find t account
for Accounts Payable, unearned revenue,W. Slowcombe
Capital, W. Slowcombe Drawings, Service Revenue,Salaries
Expense,Utilities Expense,Maintenance Expense
Question 4 Below is the trial balance of Slowcombe Services on September 30, 2021. SLOWCOMBE SERVICES Trial Balance September 30, 2021 Debit Credit Cash $8,550 Accounts receivable 2,210 Supplies 1,710 Equipment 7,710 Accounts payable $5,050 Unearned revenue 1,010 W. Slowcombe, capital 14,120 $20,180 $20,180 The October transactions were as follows: Oct. 5 10 15 17 20 29...
Which of the following is not a liability? Accounts payable Unearned revenue Wages payable Prepaid expense
Which of the following is not a liability? Accounts payable Unearned revenue Wages payable Prepaid expense
Which of the following accounts is decreased with a credit? Multiple Choice Accounts Payable Unearned Revenue...
Which of the following accounts is decreased with a credit? Multiple Choice Accounts Payable Unearned Revenue Prepaid Insurance Service Revenue
Monet Design's trial balance contains the following balances: Revenue $725 Cash $424 Accounts Payable $283 Accounts...
Monet Design's trial balance contains the following balances: Revenue $725 Cash $424 Accounts Payable $283 Accounts Receivable $377 Expenses $207 What is the amount of total debits for this trial balance? O A. $1,291 OB. $1,526 OC. $1,008 OD. $490
list of accounts Sandhill Company had the following adjusted trial balance. $3,840 Sandhill Company Adjusted Trial...
list of accounts
Sandhill Company had the following adjusted trial balance. $3,840 Sandhill Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash Accounts Receivable 4,070 Supplies 400 Accounts Payable $1,700 Unearned Service Revenue 190 Owner's Capital 3,900 Owner's Drawings Service Revenue 5,920 Salaries and Wages Expense 1,300 Miscellaneous Expense 200 Supplies Expense 1,930 Salaries and Wages Payable 540 $12,250 $12,250 510 Prepare closing entries at June 30, 2020. (Credit account...
I. Accounts from the unadjusted Test Company's trial balance of 12/31/17 are below: Accounts Payable $...
I. Accounts from the unadjusted Test Company's trial balance of 12/31/17 are below: Accounts Payable $ 160,000 Accounts Receivable 130,000 Accumulated Depreciation Equipment 200,000 Advertising Expense 20,000 Cash 150,000 Common Stock 220,000 Equipment 870,000 Prepaid Insurance 30,000 9. Interest Expense 10,000 10. Inventory 300,000 11. Notes Payable (due 6/1/18) 200,000 12. Notes Payable (due 6/1/22) 300,000 13. Prepaid Rent 240,000 14. Retained Earnings 418,000 15. Salaries and Wages Expense 328,000 16. Sales Revenue 500,000 17. Unearned Sales Revenue 80,000 (All...
Adjusted Trial Balance Account Titles Debit Credit Cash $3,740 Accounts Receivable 3,960 Supplies 440 Accounts Payable...
Adjusted Trial Balance Account Titles Debit Credit Cash $3,740 Accounts Receivable 3,960 Supplies 440 Accounts Payable $1,900 Unearned Service Revenue 140 Common Stock 4,100 Retained Earnings 1,070 Dividends 700 Service Revenue 4,250 Salaries and Wages Expense 1,300 Miscellaneous Expense 220 Supplies Expense 1,800 Salaries and Wages Payable 700 $12,160 $12,160 Prepare closing entries at June 30, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 30...
Unearned Ticket Revenue is $6,034 on the unadjusted trial balance. During the period, $4,309 of that money has now been earned. The adjusted balance for Unearned Ticket Revenue is a: O A. $4,309 debit. B. $ 1,725 debit. O C. $1,725 credit. O D. $4,309 credit. Office equipment was purchased for $1,300 on account from Supplies -for -Less. The journal entry would include a: O A. debit to Office Equipment and a credit to Cash. O B. debit to Office...
Equipment Accounts Payable Unearned Revenue Wages Expense Jarron Company Adjusted Trial Balance December 31, 2018 Cash 112,000 Accounts Receivable 30,000 Supplies 6,000 Prepaid Insurance 24,000 Inventory 108,000 Vehicle Ponce 25,000 75,000 Accumulated Depreciation Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2018) Dividends 7,000 Repair Expense 10,000 Delivery Expense 45,000 Depreciation Expense 15,000 Rent Expense 52,000 Insurance Expense 6. 22,000 152,000 Supplies Expense 14,500 Interest Expense 2,000 Income Tax Expense 35,000 Total 734,500 40,000 8,000 7,000 12,000 50,000 44,000...
partb) :partc)
also, need to find t account
for Accounts Payable, unearned revenue,W. Slowcombe
Capital, W. Slowcombe Drawings, Service Revenue,Salaries
Expense,Utilities Expense,Maintenance Expense
Question 4 Below is the trial balance of Slowcombe Services on September 30, 2021. SLOWCOMBE SERVICES Trial Balance September 30, 2021 Debit Credit Cash $8,550 Accounts receivable 2,210 Supplies 1,710 Equipment 7,710 Accounts payable $5,050 Unearned revenue 1,010 W. Slowcombe, capital 14,120 $20,180 $20,180 The October transactions were as follows: Oct. 5 10 15 17 20 29...
Which of the following accounts is decreased with a credit? Multiple Choice Accounts Payable Unearned Revenue Prepaid Insurance Service Revenue
Monet Design's trial balance contains the following balances: Revenue $725 Cash $424 Accounts Payable $283 Accounts Receivable $377 Expenses $207 What is the amount of total debits for this trial balance? O A. $1,291 OB. $1,526 OC. $1,008 OD. $490
list of accounts
Sandhill Company had the following adjusted trial balance. $3,840 Sandhill Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash Accounts Receivable 4,070 Supplies 400 Accounts Payable $1,700 Unearned Service Revenue 190 Owner's Capital 3,900 Owner's Drawings Service Revenue 5,920 Salaries and Wages Expense 1,300 Miscellaneous Expense 200 Supplies Expense 1,930 Salaries and Wages Payable 540 $12,250 $12,250 510 Prepare closing entries at June 30, 2020. (Credit account...
I. Accounts from the unadjusted Test Company's trial balance of 12/31/17 are below: Accounts Payable $ 160,000 Accounts Receivable 130,000 Accumulated Depreciation Equipment 200,000 Advertising Expense 20,000 Cash 150,000 Common Stock 220,000 Equipment 870,000 Prepaid Insurance 30,000 9. Interest Expense 10,000 10. Inventory 300,000 11. Notes Payable (due 6/1/18) 200,000 12. Notes Payable (due 6/1/22) 300,000 13. Prepaid Rent 240,000 14. Retained Earnings 418,000 15. Salaries and Wages Expense 328,000 16. Sales Revenue 500,000 17. Unearned Sales Revenue 80,000 (All...
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