Jameson Consultants, incorporated, provides marketing research for clients in the retail industry. At the end or the current year, the company had the following unadjusted accounts with normal debit and credit balances: Depreciation expense Cash Salaries expense Accounts receivable Income taxes payable Utilities expense Investment income. Common stock Notes payable Accumulated depreciation Supplies expense Prepaid expenses Consulting fees revenue Travel expense $9,300 159,500 Gain on sale of land i 1,740,000 Accounts payable 231,900 3,290 29,130 12,100 3,630 173,000 20,700 23,650 11,500 2,629,200 Additional paid-in capital Rent expense (on leased computers) Salaries payable Supplies Interest expense Retained earnings Buildings and equipment Unearned consulting fees Land Professional development expense Investments JAMESON CONSULTANTS, INCORPORATED Unadjusted Trial Balance At the End of the Current Year Debit $26,590 7,300 103,330 Credit 233,000 162,480 29,550 13,500 18,500 ? Required: Prepare an unadjusted trial balance for Jameson Consultants, Incorporated, at the end of the culent year 636,040 36,400 70,400 21,200 338,000

Jameson Consultants, incorporated, provides marketing research for clients in the retail industry. At the end or the current year, the company had the following unadjusted accounts with normal debit and credit balances: Depreciation expense Cash Salaries expense Accounts receivable Income taxes payable Utilities expense Investment income. Common stock Notes payable Accumulated depreciation Supplies expense Prepaid expenses Consulting fees revenue Travel expense $9,300 159,500 Gain on sale of land i 1,740,000 Accounts payable 231,900 3,290 29,130 12,100 3,630 173,000 20,700 23,650 11,500 2,629,200 Additional paid-in capital Rent expense (on leased computers) Salaries payable Supplies Interest expense Retained earnings Buildings and equipment Unearned consulting fees Land Professional development expense Investments JAMESON CONSULTANTS, INCORPORATED Unadjusted Trial Balance At the End of the Current Year Debit $26,590 7,300 103,330 Credit 233,000 162,480 29,550 13,500 18,500 ? Required: Prepare an unadjusted trial balance for Jameson Consultants, Incorporated, at the end of the culent year 636,040 36,400 70,400 21,200 338,000

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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