Dec. 1 Dec. 2 Dec. 5 Dec. 6 Dec. 7 Bal. Prepaid Insurance 36,100 7,100 28,600 14,300 33,400 50300 25,200 11,600 6,100 1,200 17,100 Dec. 2 Dec. 3 Dec. 4 Dec. 6 Dec. 10 Dec. 1 Dec. 2 Dec. 5 Dec. 6 Dec. 7 X Notes Payable 16,300 2,600 12,400 6,200 14,500 42,700 18,600 11,300 2,000 28,900 51500 Dec. 2 Dec. 3 Dec. 4 Dec. 6 Dec. 10 Bal.

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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anyone have any input, this is really simple, and I am not sure what I am doing wrong.

Activity 1.a - Verifying Ending Balances for Specific Accounts
Calculate and enter the ending balance for each t-account.
Dec. 1
Dec. 2
Dec. 5
Dec. 6
Dec. 7
Bal.
Prepaid Insurance
36,100
7,100
28,600
14,300
33,400
50300
25,200
11,600
6,100
1,200
17,100
Dec. 2
Dec. 3
Dec. 4
Dec. 6
Dec. 10
Dec. 1
Dec. 2
Dec. 5
Dec. 6
Dec. 7
X
Add the debit transactions. Add the credit transactions.
Subtract the lower total from the higher total and place the
differen
sal balance sido
Refer to
Notes Payable
16,300
2,600
12,400
6,200
14,500
42,700
18,600
11,300
2,000
28,900
51500
Bright, Withdrawals
Dec. 2
Dec. 3
Dec. 4
Dec. 6
Dec. 10
Bal.
Transcribed Image Text:Activity 1.a - Verifying Ending Balances for Specific Accounts Calculate and enter the ending balance for each t-account. Dec. 1 Dec. 2 Dec. 5 Dec. 6 Dec. 7 Bal. Prepaid Insurance 36,100 7,100 28,600 14,300 33,400 50300 25,200 11,600 6,100 1,200 17,100 Dec. 2 Dec. 3 Dec. 4 Dec. 6 Dec. 10 Dec. 1 Dec. 2 Dec. 5 Dec. 6 Dec. 7 X Add the debit transactions. Add the credit transactions. Subtract the lower total from the higher total and place the differen sal balance sido Refer to Notes Payable 16,300 2,600 12,400 6,200 14,500 42,700 18,600 11,300 2,000 28,900 51500 Bright, Withdrawals Dec. 2 Dec. 3 Dec. 4 Dec. 6 Dec. 10 Bal.
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