Exercise 3-07 A partial adjusted trial balance of Bramble Company at January 31, 2020, shows the...
Exercise 3-07
A partial adjusted trial balance of Bramble Company at January 31, 2020, shows the following.
|
BRAMBLE COMPANY |
||||||
|
Debit |
Credit |
|||||
| Supplies | $930 | |||||
| Prepaid Insurance | 3,780 | |||||
| Salaries and Wages Payable | $1,030 | |||||
| Unearned Service Revenue | 980 | |||||
| Supplies Expense | 950 | |||||
| Insurance Expense | 630 | |||||
| Salaries and Wages Expense | 2,030 | |||||
| Service Revenue | 2,230 | |||||
Answer the following questions, assuming the year begins January
1.
If $1,830 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31, 2019? Assume that there are no accounts receivable.
Homework Answers
| Unearned Service Revenue recognized in January | 400 | =2230-1830 |
| Balance in Unearned Service Revenue at December 31, 2019 | 1380 | =980+400 |
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Exercise 3-07
A partial adjusted trial balance of Bramble Company at January
31, 2020, shows the...
Exercise 3-07 A partial adjusted trial balance of Marigold Company at January 31, 2020, shows the...
Exercise 3-07 A partial adjusted trial balance of Marigold Company at January 31, 2020, shows the following. Credit MARIGOLD COMPANY ADJUSTED TRIAL BALANCE JANUARY 31, 2020 Debit Supplies $830 Prepaid Insurance 3,180 Salaries and Wages Payable Unearned Service Revenue Supplies Expense 950 Insurance Expense 530 Salaries and Wages Expense 1,930 Service Revenue $930 880 2,130 Answer the following questions, assuming the year begins January 1. If the amount in Supplies Expense is the January 31 adjusting entry, and $850 of...
Exercise 3-11 A partial adjusted trial balance of Bramble Corp. at January 31, 2019, shows the...
Exercise 3-11 A partial adjusted trial balance of Bramble Corp. at January 31, 2019, shows the following Bramble Corp. Adjusted Trial Balance January 31, 2019 Debit Credit Supplies Prepaid Insurance Salaries and Wages Payable Unearned Service Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue $900 3,000 $ 700 750 800 500 3,000 2,200 Answer the following questlons, assuming the year begins January 1 If the amount in Supplies Expense is the January 31 adjusting entry and $1,100...
A partial adjusted trial balance of Swifty Company at January 31, 2020, shows the following. SWIFTY...
A partial adjusted trial balance of Swifty Company at January
31, 2020, shows the following.
SWIFTY COMPANY
ADJUSTED TRIAL BALANCE
JANUARY 31, 2020
Debit
Credit
Supplies
$820
Prepaid Insurance
3,120
Salaries and Wages Payable
$920
Unearned Service Revenue
870
Supplies Expense
950
Insurance Expense
520
Salaries and Wages Expense
1,920
Service Revenue
2,120
Answer the following questions, assuming the year begins January 1.
If the amount in Supplies Expense is the January 31 adjusting
entry, and $850 of supplies was...
E3-7 A partial adjusted trial balance of Piper Company at January 31, 2020, shows the following....
E3-7 A partial adjusted trial balance of Piper Company at January 31, 2020, shows the following. PIPER COMPANY ADJUSTED TRIAL BALANCE JANUARY 31, 2020 Credit Debit $ 700 Supplies Prepaid Insurance 2,400 Salaries and Wages Payable $ 800 750 Unearned Service Revenue Supplies Expense Insurance Expense 950 400 Service Revenue 2,000 Instructions Answer the following questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry, and $850 of supplies was...
A partial adjusted trial balance of Joy Ltd at Jan 31, 2014, shows the following: Joy...
A partial adjusted trial balance of Joy Ltd at Jan 31, 2014, shows the following: Joy Ltd. Adjusted Trial Balance 31-Jan-14 Debit Credit Supplies 600 Prepaid insurance 2,400 Salaries and wages payable 800 Unearned revenue 1,000 Service revenue 3,000 Supplies expense 950 Insurance expense 2,400 Salaries and wages expense 1,800 Required: Answer the following questions, assuming the company’s fiscal year beings January 1: If the amount in Supplies Expense is the January 31 adjusting entry, and $650 of supplies was...
A partial adjusted trial balance of Sheffield Corp. at January 31, 2019, shows the following. Sheffield...
A partial adjusted trial balance of Sheffield Corp. at January 31, 2019, shows the following. Sheffield Corp. Adjusted Trial Balance January 31, 2019 Debit $ 900 2,400 $ 800 850 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Service Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue 900 400 3,000 2,000 Answer the following questions, assuming the year begins January 1. If the amount in Supplies Expense is the January 31 adjusting entry and $1,200 of supplies...
A partial adjusted trial balance of West Company at January 31, 2021. shows the following. WEST...
A partial adjusted trial balance of West Company at January 31, 2021. shows the following. WEST COMPANY Adjusted Trial Balance January 31, 2021 Debit Credit $2,800 9,600 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue $3.200 3.000 3,800 1.600 7.200 8.000 Answer the following questions, assuming the year begins January 1. ✓ Your answer is correct. If the amount in Supplies Expense is the January 31 adjusting entry, and...
2. The partial adjusted trial balance of Starlight Company at January 31, 2018, shows the following....
2. The partial adjusted trial balance of Starlight Company at January 31, 2018, shows the following. STARLIGHT COMPANY Adjusted Trial Balance January 31, 2018 Debit Credit Supplies............................................................................................... $ 1,800 Prepaid Insurance................................................................................ 5,250 Salaries and Wages Payable.................................................................. $1,675 Accounts Receivable............................................................................ 3,200 Supplies Expense................................................................................. 6,500 Insurance Expense............................................................................... 750 Salaries and Wages Expense................................................................. 8,900 Service Revenue.................................................................................. 13,000 Instructions Answer the following questions, assuming the year begins January 1. If the amount in Supplies...
Exercise 4-07 a-b (Video) Cullumber Company had the following adjusted trial balance. Cullumber Company Adjusted Trial...
Exercise 4-07 a-b (Video) Cullumber Company had the following adjusted trial balance. Cullumber Company Adjusted Trial Balance For the Month Ended June 30, 2020 . Adjusted Trial Balance Debit Account Tities Credit $3,780 3,810 540 Cash Accounts Receivable Supplies Accounts Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Miscellaneous Expense Supplies Expense Salaries and Wages Payable $1,800 120 4,200 700 5,670 1,400 280 1,740 460 $12250 $12,250 Prepare closing entries at June 30, 2020....
Exercise 4-07 a-b (Video) Pronghorn Company had the following adjusted trial balance. Pronghorn Company Adjusted Trial...
Exercise 4-07 a-b (Video) Pronghorn Company had the following adjusted trial balance. Pronghorn Company Adjusted Trial Balance June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash $3,790 Accounts Receivable 3,800 Supplies 530 Accounts Payable $1,900 Unearned Service Revenue 170 Common Stock 4,100 Retained Earnings 760 Dividends 410 Service Revenue 4,750 Salaries and Wages Expense 1,200 Miscellaneous Expense 240 Supplies Expense 2,150 Salaries and Wages Payable 440 $12,120 $12,120 Prepare closing entries at June 30, 2020. (Credit account titles...
Exercise 3-07 A partial adjusted trial balance of Marigold Company at January 31, 2020, shows the following. Credit MARIGOLD COMPANY ADJUSTED TRIAL BALANCE JANUARY 31, 2020 Debit Supplies $830 Prepaid Insurance 3,180 Salaries and Wages Payable Unearned Service Revenue Supplies Expense 950 Insurance Expense 530 Salaries and Wages Expense 1,930 Service Revenue $930 880 2,130 Answer the following questions, assuming the year begins January 1. If the amount in Supplies Expense is the January 31 adjusting entry, and $850 of...
Exercise 3-11 A partial adjusted trial balance of Bramble Corp. at January 31, 2019, shows the following Bramble Corp. Adjusted Trial Balance January 31, 2019 Debit Credit Supplies Prepaid Insurance Salaries and Wages Payable Unearned Service Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue $900 3,000 $ 700 750 800 500 3,000 2,200 Answer the following questlons, assuming the year begins January 1 If the amount in Supplies Expense is the January 31 adjusting entry and $1,100...
A partial adjusted trial balance of Swifty Company at January
31, 2020, shows the following.
SWIFTY COMPANY
ADJUSTED TRIAL BALANCE
JANUARY 31, 2020
Debit
Credit
Supplies
$820
Prepaid Insurance
3,120
Salaries and Wages Payable
$920
Unearned Service Revenue
870
Supplies Expense
950
Insurance Expense
520
Salaries and Wages Expense
1,920
Service Revenue
2,120
Answer the following questions, assuming the year begins January 1.
If the amount in Supplies Expense is the January 31 adjusting
entry, and $850 of supplies was...
E3-7 A partial adjusted trial balance of Piper Company at January 31, 2020, shows the following. PIPER COMPANY ADJUSTED TRIAL BALANCE JANUARY 31, 2020 Credit Debit $ 700 Supplies Prepaid Insurance 2,400 Salaries and Wages Payable $ 800 750 Unearned Service Revenue Supplies Expense Insurance Expense 950 400 Service Revenue 2,000 Instructions Answer the following questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry, and $850 of supplies was...
A partial adjusted trial balance of Sheffield Corp. at January 31, 2019, shows the following. Sheffield Corp. Adjusted Trial Balance January 31, 2019 Debit $ 900 2,400 $ 800 850 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Service Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue 900 400 3,000 2,000 Answer the following questions, assuming the year begins January 1. If the amount in Supplies Expense is the January 31 adjusting entry and $1,200 of supplies...
A partial adjusted trial balance of West Company at January 31, 2021. shows the following. WEST COMPANY Adjusted Trial Balance January 31, 2021 Debit Credit $2,800 9,600 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue $3.200 3.000 3,800 1.600 7.200 8.000 Answer the following questions, assuming the year begins January 1. ✓ Your answer is correct. If the amount in Supplies Expense is the January 31 adjusting entry, and...
Exercise 4-07 a-b (Video) Cullumber Company had the following adjusted trial balance. Cullumber Company Adjusted Trial Balance For the Month Ended June 30, 2020 . Adjusted Trial Balance Debit Account Tities Credit $3,780 3,810 540 Cash Accounts Receivable Supplies Accounts Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Miscellaneous Expense Supplies Expense Salaries and Wages Payable $1,800 120 4,200 700 5,670 1,400 280 1,740 460 $12250 $12,250 Prepare closing entries at June 30, 2020....
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