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Date Account Dec. 31 Rent Fees Earned Furniture Rental Revenue Interest Revenue Wages Expense Depreciation Expense Utilities Expense Insurance Expense Maintenance Expense Income Tax Expense Retained Earnings X X Debit xxx Credit X X X X X X X

Date Account Dec. 31 Rent Fees Earned Furniture Rental Revenue Interest Revenue Wages Expense Depreciation Expense Utilities Expense Insurance Expense Maintenance Expense Income Tax Expense Retained Earnings X X Debit xxx Credit X X X X X X X

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Beachside Realty Adjusted Trial Balance December 31 Cash Accounts Receivable Interest Receivable Prepaid Insurance Notes Receivable (long-term) Equipment Accumulated Depreciation Accounts Payable Accrued Expenses Payable Income Taxes Payable Unearned Rent Fees Common Stock Retained Earnings Dividends Rent Fees Earned Furniture Rental Revenue Interest Revenue Wages Expense Depreciation Expense Utilities Expense Insurance Expense Maintenance Expense Income Tax Expense Debit 1,500 2,000 100 1,600 2,800 15,000 2,000 19,000 1,800 320 700 9,000 2,700 58,520 Credit 3,000 2,400 3,920 2,700 500 5,000 2,700 37,000 1,200 100 58,520
Transcribed Image Text:Beachside Realty Adjusted Trial Balance December 31 Cash Accounts Receivable Interest Receivable Prepaid Insurance Notes Receivable (long-term) Equipment Accumulated Depreciation Accounts Payable Accrued Expenses Payable Income Taxes Payable Unearned Rent Fees Common Stock Retained Earnings Dividends Rent Fees Earned Furniture Rental Revenue Interest Revenue Wages Expense Depreciation Expense Utilities Expense Insurance Expense Maintenance Expense Income Tax Expense Debit 1,500 2,000 100 1,600 2,800 15,000 2,000 19,000 1,800 320 700 9,000 2,700 58,520 Credit 3,000 2,400 3,920 2,700 500 5,000 2,700 37,000 1,200 100 58,520
Date Account Dec. 31 Rent Fees Earned Furniture Rental Revenue Interest Revenue Wages Expense Depreciation Expense Utilities Expense Insurance Expense Maintenance Expense Income Tax Expense Retained Earnings X X Debit xxx Credit X X X X X X X
Transcribed Image Text:Date Account Dec. 31 Rent Fees Earned Furniture Rental Revenue Interest Revenue Wages Expense Depreciation Expense Utilities Expense Insurance Expense Maintenance Expense Income Tax Expense Retained Earnings X X Debit xxx Credit X X X X X X X
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