Homework Answers
---Required Worksheet
| Adjusted | Income Statement | Balance Sheet | ||||
| Accounts title | Debit | Credit | Debit | Credit | Debit | Credit |
| Cash | $11,600 | $11,600 | ||||
| Accounts receivables | $7,700 | $7,700 | ||||
| Prepiad rent | $2,200 | $2,200 | ||||
| Equipment | $23,100 | $23,100 | ||||
| Accum Dep - Equipment | $5,000 | $5,000 | ||||
| Notes Payable | $5,700 | $5,700 | ||||
| Accounts payable | $4,900 | $4,900 | ||||
| Owner's capital | $29,300 | $29,300 | ||||
| Owner's drawings | $3,900 | $3,900 | ||||
| Service revenue | $15,900 | $15,900 | ||||
| Salaries & Wages expense | $10,800 | $10,800 | ||||
| Rent Expense | $900 | $900 | ||||
| Depreciation expense | $600 | $600 | ||||
| Interest Expense | $70 | $70 | ||||
| Interest Payable | $70 | $70 | ||||
| TOTAL | $60,870 | $60,870 | $12,370 | $15,900 | $48,500 | $44,970 |
| Net Income | $3,530 | $3,530 | ||||
| TOTALS | $15,900 | $15,900 | $48,500 | $48,500 | ||
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need help finding the missing values. thanks!! if it needs to be
blank just leave it...
need help filling out the blanks on income statement and balance sheet which correspond with the...
need help filling out the blanks on income statement and balance
sheet which correspond with the adjusted trial balances.
For the Month Ended April 30, 2020 Adjusted Trial Balance Income Statement Dr. Cr. Dr. Balance Sheet Account Titles Dr. Cr. Cash 11,600 Accounts Receivable 7,700 Prepaid Rent 2,200 Equipment 23,100 Accumulated Depreciation-Equipment 5,000 Notes Payable 5,700 Accounts Payable 4,900 Owner's Capital 29,300 Owner's Drawings 3,900 Service Revenue 15,900 Salaries and Wages Expense 10,800 Rent Expense 900 Depreciation Expense Interest Expense...
Complete the worksheet. SANDHILL COMPANY Worksheet (partial For the Month Ended April 30, 2020 Adjusted Trial...
Complete the worksheet. SANDHILL COMPANY Worksheet (partial For the Month Ended April 30, 2020 Adjusted Trial Balance Income Statement Balan Account Titles Dr. Cr Dr. CH Dr. Cash 11,600 Accounts Receivable 7.700 Prepaid Rent 2,200 23.100 Equipment Accumulated Depreciation --Equipment Notes Payable 5,000 5,700 A A $ 3 5 6 7 8 9 0 E R T Y 드 C Р D F G Н. J к с V B N. > M < command option Complete the worksheet. SANDHILL...
PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles...
PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,300 Accounts Receivable 7,200 Prepaid Rent 2,300 Equipment 22,800 Accumulated Depreciation-Equip. 5,300 Notes Payable 5,900 Accounts Payable 4,700 Owner's Capital 26,220 Owner's Drawings 3,400 Service Revenue 15.900 Salaries and Wages Expense 10,700 Rent Expense 700 Depreciation Expense 620 Interest Expense 30 Interest Payable 30 Totals 58,050 58,050 Income Summary Owner's Capital .
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. (Part (Part...
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. (Part (Part a2-b ission) Study 2,000 PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,200 Accounts Receivable 7,100 Prepaid Rent Equipment 22,700 Accumulated Depreciation--Equip. 5,200 Notes Payable 5,700 Accounts Payable 4,900 Owner's Capital 26,740 Owner's Drawings 3,800 Service Revenue 15,200 Salaries and Wages Expense 10,500 Rent Expense Depreciation Expense Interest Expense Interest Payable Totals 57,830...
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. Complete the...
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. Complete the worksheet PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Income Statement Adjusted Trial Balance Balan Account Titles Dr. Cr. Dr. Cr. Dr. Cash 11,700 Accounts Receivable 7,300 Prepaid Rent 2.000 23,300 5,100 5,800 Equipment Accumulated Depreciation --Equipment Notes Payable Accounts Payable Owner's Capital Owner's Drawings 5.500 28,250 3,400 15,000 10,500 Drawings Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense...
Sunland Management Services began business on January 1, 2020, with a capital investment of $137,200. The...
Sunland Management Services began business on January 1, 2020, with a capital investment of $137,200. The company manages condominiums for owners (Service Revenue) and rents space in its own office building (Rent Revenue). The trial balance and adjusted trial balance columns of the worksheet at the end of the first year are as follows. Sunland Management Services Worksheet For the Year Ended December 31, 2020 Trial Balance Adjusted Trial Balance Dr. Cr. Dr. Cr. Cash 13,500 13,500 Accounts Receivable 28.000...
Income statement Dr. Cr. Balance sheet Dr. Cr. $ 20,800 $ 30,800 $ 43,300 $ 2,200...
Income statement Dr. Cr. Balance sheet Dr. Cr. $ 20,800 $ 30,800 $ 43,300 $ 2,200 $ 131,000 $ 39,500 $ 57,200 $ 51,300 $ 92.000 $ 10,500 Work Sheet Trial Balance Adjustements Adjusted Trial Balance Dr. Cr. Dr. Cr. Dr. Cr. $ 20,800 $ 20,800 $ 30,800 30.800 $ 43,600 $ 300 43,300 $ 6,200 $ 4,000 2,200 $ 131,000 131,000 $ 28,000 $ 11,500 $ 39,500 S 51,500 $ 5.700 S 57,200 $ 51,300 S 51,300 $ 92,000...
Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr....
Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr. Cash 11,500 Accounts Receivable 8,020 Prepaid Rent 2,000 Equipment 23,100 Accumulated Depreciation-Equip. 4,500 Notes Payable 5,500 Accounts Payable 5,000 Common Stock 21,870 Retained Earnings 7,700 Dividends 3,800 Service Revenue 16,000 Salaries and Wages Expense 10,800 Rent Expense 750 Depreciation Expense 600 Interest Expense 90 Interest Payable 90 Totals 60,660 60,660 Flounder Company Income Statement $ $ $
IVANHOE COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles...
IVANHOE COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,700 Accounts Receivable 8,200 Prepaid Rent 2,000 Equipment 22,800 Accumulated Depreciation-Equip. 5,200 Notes Payable 5,600 Accounts Payable 5,400 Owner's Capital 27,190 Owner's Drawings 3,400 Service Revenue 15,900 Salaries and Wages Expense 10,600 Rent Expense 900 Depreciation Expense 690 Interest Expense 60 Interest Payable 60 Totals 59,350 59,350 IVANHOE COMPANY Income Statement $ $ e Textbook and Media
a) Prepare Closing entries b) Post adjusting and closing entries (just need help with owner's capital...
a) Prepare Closing entries
b) Post adjusting and closing entries (just need help
with owner's capital & Income Summary)
c) Prepare a post-closing trial balance
d) Determine whether the subsidiary ledgers agree with
the control accounts in the general ledger
Prepare a trial balance at January 31, 2020, in the trial balance columns of the worksheet. Complete the worksheet using the following additional information. 1. Office supplies at January 31 total $900. 2. Insurance coverage expires on October 31, 2020....
need help filling out the blanks on income statement and balance
sheet which correspond with the adjusted trial balances.
For the Month Ended April 30, 2020 Adjusted Trial Balance Income Statement Dr. Cr. Dr. Balance Sheet Account Titles Dr. Cr. Cash 11,600 Accounts Receivable 7,700 Prepaid Rent 2,200 Equipment 23,100 Accumulated Depreciation-Equipment 5,000 Notes Payable 5,700 Accounts Payable 4,900 Owner's Capital 29,300 Owner's Drawings 3,900 Service Revenue 15,900 Salaries and Wages Expense 10,800 Rent Expense 900 Depreciation Expense Interest Expense...
Complete the worksheet. SANDHILL COMPANY Worksheet (partial For the Month Ended April 30, 2020 Adjusted Trial Balance Income Statement Balan Account Titles Dr. Cr Dr. CH Dr. Cash 11,600 Accounts Receivable 7.700 Prepaid Rent 2,200 23.100 Equipment Accumulated Depreciation --Equipment Notes Payable 5,000 5,700 A A $ 3 5 6 7 8 9 0 E R T Y 드 C Р D F G Н. J к с V B N. > M < command option Complete the worksheet. SANDHILL...
PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,300 Accounts Receivable 7,200 Prepaid Rent 2,300 Equipment 22,800 Accumulated Depreciation-Equip. 5,300 Notes Payable 5,900 Accounts Payable 4,700 Owner's Capital 26,220 Owner's Drawings 3,400 Service Revenue 15.900 Salaries and Wages Expense 10,700 Rent Expense 700 Depreciation Expense 620 Interest Expense 30 Interest Payable 30 Totals 58,050 58,050 Income Summary Owner's Capital .
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. (Part (Part a2-b ission) Study 2,000 PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,200 Accounts Receivable 7,100 Prepaid Rent Equipment 22,700 Accumulated Depreciation--Equip. 5,200 Notes Payable 5,700 Accounts Payable 4,900 Owner's Capital 26,740 Owner's Drawings 3,800 Service Revenue 15,200 Salaries and Wages Expense 10,500 Rent Expense Depreciation Expense Interest Expense Interest Payable Totals 57,830...
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. Complete the worksheet PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Income Statement Adjusted Trial Balance Balan Account Titles Dr. Cr. Dr. Cr. Dr. Cash 11,700 Accounts Receivable 7,300 Prepaid Rent 2.000 23,300 5,100 5,800 Equipment Accumulated Depreciation --Equipment Notes Payable Accounts Payable Owner's Capital Owner's Drawings 5.500 28,250 3,400 15,000 10,500 Drawings Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense...
Sunland Management Services began business on January 1, 2020, with a capital investment of $137,200. The company manages condominiums for owners (Service Revenue) and rents space in its own office building (Rent Revenue). The trial balance and adjusted trial balance columns of the worksheet at the end of the first year are as follows. Sunland Management Services Worksheet For the Year Ended December 31, 2020 Trial Balance Adjusted Trial Balance Dr. Cr. Dr. Cr. Cash 13,500 13,500 Accounts Receivable 28.000...
Income statement Dr. Cr. Balance sheet Dr. Cr. $ 20,800 $ 30,800 $ 43,300 $ 2,200 $ 131,000 $ 39,500 $ 57,200 $ 51,300 $ 92.000 $ 10,500 Work Sheet Trial Balance Adjustements Adjusted Trial Balance Dr. Cr. Dr. Cr. Dr. Cr. $ 20,800 $ 20,800 $ 30,800 30.800 $ 43,600 $ 300 43,300 $ 6,200 $ 4,000 2,200 $ 131,000 131,000 $ 28,000 $ 11,500 $ 39,500 S 51,500 $ 5.700 S 57,200 $ 51,300 S 51,300 $ 92,000...
Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr. Cash 11,500 Accounts Receivable 8,020 Prepaid Rent 2,000 Equipment 23,100 Accumulated Depreciation-Equip. 4,500 Notes Payable 5,500 Accounts Payable 5,000 Common Stock 21,870 Retained Earnings 7,700 Dividends 3,800 Service Revenue 16,000 Salaries and Wages Expense 10,800 Rent Expense 750 Depreciation Expense 600 Interest Expense 90 Interest Payable 90 Totals 60,660 60,660 Flounder Company Income Statement $ $ $
IVANHOE COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,700 Accounts Receivable 8,200 Prepaid Rent 2,000 Equipment 22,800 Accumulated Depreciation-Equip. 5,200 Notes Payable 5,600 Accounts Payable 5,400 Owner's Capital 27,190 Owner's Drawings 3,400 Service Revenue 15,900 Salaries and Wages Expense 10,600 Rent Expense 900 Depreciation Expense 690 Interest Expense 60 Interest Payable 60 Totals 59,350 59,350 IVANHOE COMPANY Income Statement $ $ e Textbook and Media
a) Prepare Closing entries
b) Post adjusting and closing entries (just need help
with owner's capital & Income Summary)
c) Prepare a post-closing trial balance
d) Determine whether the subsidiary ledgers agree with
the control accounts in the general ledger
Prepare a trial balance at January 31, 2020, in the trial balance columns of the worksheet. Complete the worksheet using the following additional information. 1. Office supplies at January 31 total $900. 2. Insurance coverage expires on October 31, 2020....
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