EX 2-15 Trial balance Based upon the data presented in Exercise 2-13, (a) prepare an unadjusted trial balance, listing the accounts in their proper order. (b) Based upon the unadjusted trial balance, determine the net income or net loss. Obj. 4

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Chapter1: Financial Statements And Business Decisions
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I send you the example of 2-13 but the homework is the 2-15
Obj. 4
EX 2-15 Trial balance
Based upon the data presented in Exercise 2-13, (a) prepare an unadjusted trial balance, listing
the accounts in their proper order. (b) Based upon the unadjusted trial balance, determine the
net income or net loss.
V (a) Total of Debit
column: $64,500
(X)
SHOW ME HOW EXCEL TEMPLATE
Transcribed Image Text:Obj. 4 EX 2-15 Trial balance Based upon the data presented in Exercise 2-13, (a) prepare an unadjusted trial balance, listing the accounts in their proper order. (b) Based upon the unadjusted trial balance, determine the net income or net loss. V (a) Total of Debit column: $64,500 (X) SHOW ME HOW EXCEL TEMPLATE
21.
Obj. 1, 2
EX 2-13 Identifying transactions
Rocky Mountain Tours Co. is a travel agency. The nine transactions recorded by Rocky Mountain
Tours during June 20Y2, its first month of operations, are indicated in the following T accounts:
mn
SHOW ME HOW
of
Cash
Equipment
Dividends
(1)
40,000
(2)
4,000 (3)
15,000
(9)
1,500
of
5,000
6,175
(7)
13,100
(3)
(4)
(6)
6,000
(9)
1,500
Accounts Receivable
Accounts Payable
Service Revenue
(5)
20,500
(7)
13,100 (6)
6,000
(3)
10,000
(5)
20,500
Common Stock
Operating Expenses
Supplies
(8)
(2)
4,000
2,200
(1)
40,000 (4)
6,175
(8)
2,200
Indicate for each debit and each credit: (a) whether an asset, liability, stockholders'
equity, dividend, revenue, or expense account was affected and (b) whether the account was
increased (+) or decreased (-). Present your answers in the following form, with transaction (1)
given as an example:
Account Debited
Account Credited
Effect
Effect
Туpe
stockholders' equity
Transaction
Турe
(1)
asset
+
Transcribed Image Text:21. Obj. 1, 2 EX 2-13 Identifying transactions Rocky Mountain Tours Co. is a travel agency. The nine transactions recorded by Rocky Mountain Tours during June 20Y2, its first month of operations, are indicated in the following T accounts: mn SHOW ME HOW of Cash Equipment Dividends (1) 40,000 (2) 4,000 (3) 15,000 (9) 1,500 of 5,000 6,175 (7) 13,100 (3) (4) (6) 6,000 (9) 1,500 Accounts Receivable Accounts Payable Service Revenue (5) 20,500 (7) 13,100 (6) 6,000 (3) 10,000 (5) 20,500 Common Stock Operating Expenses Supplies (8) (2) 4,000 2,200 (1) 40,000 (4) 6,175 (8) 2,200 Indicate for each debit and each credit: (a) whether an asset, liability, stockholders' equity, dividend, revenue, or expense account was affected and (b) whether the account was increased (+) or decreased (-). Present your answers in the following form, with transaction (1) given as an example: Account Debited Account Credited Effect Effect Туpe stockholders' equity Transaction Турe (1) asset +
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