Brief Exercise 4-02he ledger of Cullumber Company includes the following unadjusted balances: Prepaid Insurance $4,300, Service Revenue $56,700, and Salaries and Wages Expense $24,200. Adjusting entries are required for (a) expired insurance $1,60o, (b) services performed1,900 are billed and not yet collected, and (c) accrued salaries payable $800.Enter the unadjusted balances and adjustments into a worksheet and complete the worksheet for all accounts.LENTZ COMPANYWorksheetTrial BalanceAdjustmentsAdjusted Trial BalanceIncome StatementBalance SheetAccount TitlesDr.Cr.Dr.Cr.Dr.Cr.Dr.Cr.Dr.Cr.Frepaid InsuranceService RevenueSalaries and Wages ExpenseAccounts ReceivableSalaries and Wages Payablensurance ExpenseClick if you would like to Show Work for this question: Open Show WorkLINK TO TEXTQuestion Attempts: UnlimitedSUBMIT ANSWERSAVE FOR LATERActivate WindowsGo to Settings to activate Windows.7:08 PMarch4/1/2021

adjusting journal entry for expires insurance = insurance expense account debit </p><p>…

he ledger of Cullumber Company includes the following unadjusted balances: Prepaid Insurance $4,300, Service Revenue $56,700, and Salaries and Wages Expense $24,200. Adjusting entries are required for (a) expired insurance $1,600, (b) services performed 1,900 are billed and not yet collected, and (c) accrued salaries payable $800. nter the unadjusted balances and adjustments into a worksheet and complete the worksheet for all accounts. LENTZ COMPANY Worksheet Adjustments Trial Balance Adjusted Trial Balance Income Statement Balance Sheet Account Titles Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. repaid Insurance ervice Revenue alaries and Wages Expense ccounts Receivable alaries and Wages Payable msurance Expense lick if you would like to Show Work for this question: Open Show Work LINK TO TEXT

he ledger of Cullumber Company includes the following unadjusted balances: Prepaid Insurance $4,300, Service Revenue $56,700, and Salaries and Wages Expense $24,200. Adjusting entries are required for (a) expired insurance $1,600, (b) services performed 1,900 are billed and not yet collected, and (c) accrued salaries payable $800. nter the unadjusted balances and adjustments into a worksheet and complete the worksheet for all accounts. LENTZ COMPANY Worksheet Adjustments Trial Balance Adjusted Trial Balance Income Statement Balance Sheet Account Titles Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. repaid Insurance ervice Revenue alaries and Wages Expense ccounts Receivable alaries and Wages Payable msurance Expense lick if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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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Bramble Company purchased supplies costing $7170 and debited Supplies for the full amount. At the end of the accounting period, a physical count of supplies revealed $2030 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be A) Debit Supplies Expense, $5140; Credit Supplies, $5140. B) Debit Supplies, $5140; Credit Supplies Expense, $5140. C) Debit Supplies, $2030; Credit Supplies Expense, $2030. D) Debit Supplies Expense, $2030; Credit Supplies, $2030.
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Following are the adjustment data for Bruno Company: a-b. Merchandise inventory (ending), $1,045. c. Professional fees earned, $32,100. d. Supplies inventory (on hand), $1,415. e. Insurance expired, $750. f. Depreciation of office equipment, $300. g. Wages accrued, $630. Record these data in the Adjustments column of the following work sheet. If an amount is zero, enter "0". Bruno CompanyWorksheet TRIAL BALANCE ADJUSTMENTS ACCOUNT NAME DEBIT CREDIT DEBIT CREDIT Cash 32,725 fill in the blank 9c8eb9003064f9b_1 fill in the blank 9c8eb9003064f9b_2 Accounts Receivable 960 fill in the blank 9c8eb9003064f9b_3 fill in the blank 9c8eb9003064f9b_4 Merchandise Inventory 1,250 fill in the blank 9c8eb9003064f9b_5 fill in the blank 9c8eb9003064f9b_6 Supplies 1,525 fill in the blank 9c8eb9003064f9b_7 fill in the blank 9c8eb9003064f9b_8 Prepaid Insurance 930 fill in the blank 9c8eb9003064f9b_9 fill in the blank 9c8eb9003064f9b_10 Office…
The ledger of Sarasota Company includes the following unadjusted balances: Prepaid Insurance $3,000, Service Revenue $60,000, and Salaries and Wages Expense $25,000. Adjusting entries are required for (a) expired insurance $1,900; (b) services performed $2,000, but unbilled and uncollected; and (c) accrued salaries payable $600. Enter the unadjusted balances and adjustments into a worksheet and complete the worksheet for all accounts. Prepaid Insurance Service Revenue Salaries and Wages Expense Accounts Receivable Account Titles Salaries and Wages Payable Insurance Expense Dr. Trial Balance Cr. Dr. Adjustments Cr. SARASOTA COMPANY Worksheet Dr. Adjusted Trial Balance Cr. Dr. Income Statement Cr. Dr. Balance Sheet Cr.
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The ledger of Cullumber Company includes the following unadjusted balances: Prepaid Insurance $4,300, Service Revenue $56,700, and Salaries and Wages Expense $24,200. Adjusting entries are required for (a) expired insurance $1,600, (b) services performed $1,900 are billed and not yet collected, and (c) accrued salaries payable $800. Enter the unadjusted balances and adjustments into a worksheet and complete the worksheet for all accounts. Trial Balance Adjustments Account Titles Dr. Cr. Dr. Prepaid Insurance Service Revenue Salaries and Wages Expense Accounts Receivable Salaries and Wages Payable Insurance Expense
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I need to make adjustments on the end-of-period worksheet using the adjusting journal entries.