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Module Ten Lesson One Assignment One Ending Ledger Account Title Balance Cash 19,266.00 Accounts Receivable – News 2 You Accounts Receivable – All Eyes Promotions Computer Equipment Office Equipment Accounts Payable – Pro Advertising Accounts Payable – Auto Doctor Joe Smith, Capital Joe Smith, Drawing Income Summary Delivery Sales Advertising Expense Maintenance Expense Rent Expense Utilities Expense 1,541.00 2,500.00 1,050.00 650.00 2,236.00 20,550.00 1,000.00 4,345.00 275.00 724.00 1,000.00 425.00

Module Ten Lesson One Assignment One Ending Ledger Account Title Balance Cash 19,266.00 Accounts Receivable – News 2 You Accounts Receivable – All Eyes Promotions Computer Equipment Office Equipment Accounts Payable – Pro Advertising Accounts Payable – Auto Doctor Joe Smith, Capital Joe Smith, Drawing Income Summary Delivery Sales Advertising Expense Maintenance Expense Rent Expense Utilities Expense 1,541.00 2,500.00 1,050.00 650.00 2,236.00 20,550.00 1,000.00 4,345.00 275.00 724.00 1,000.00 425.00

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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Using the data from the doc fill in the sheet 

Module Ten Lesson One Assignment One A Share File Edit View Insert Format Data Tools Extensions Help A Y - 100% - View only - fx || Q7 K L A E G H J M N P R Y Google Dac Access Directions: Please dick an File in the upper left comer. 1. If yau are working on a Chromebook or Google Docs, choose the Make a copy option and save a copy of the document to yaur Google Drive If not, choose the Download as cotion and then the Microsoft Excel cption to dawnloed an editable capy of the document to your computer. 2. Complete work sheet heading- a Line 1: Business name Line 2: name of accounting form 5 Line 3: time period numbers represent 1 TRIAL BALANCE 3 7 ADJUSTMENTS CREDIT INCOME STATEMENT CREDIT 10 BALANCE SHEET CREDIT List all of the accounts, even the accounts with a zero balance. ACCOUNT TITLE DEBIT CREDIT DEBIT DEBIT DEBIT Put the account ending balance in either the debit or credit column under the Trial Balance heading. 10 Total the debit and credit columns. The totals should be equal. If not, check your amounts and what column they are in. 11 12 Extend account balances to either the Income Statement or Balance Sheet debit and credit columns. 13 6 14 7 Balance Sheet: accounting equation accounts 15 16 9 9 Income Statement: revenue and expense accounts 17 10 10 18 11 11 Complete the worksheet by calculating net income or net los. 19 12 12 20 13 Debit and credit totals should be equal in each section! 21 14 14 22 15 15 Questions? Contact your instructor. 23 16 16 24 17 17 25 18 18 26 19 19 27 28 Worksheet -
Transcribed Image Text:Module Ten Lesson One Assignment One A Share File Edit View Insert Format Data Tools Extensions Help A Y - 100% - View only - fx || Q7 K L A E G H J M N P R Y Google Dac Access Directions: Please dick an File in the upper left comer. 1. If yau are working on a Chromebook or Google Docs, choose the Make a copy option and save a copy of the document to yaur Google Drive If not, choose the Download as cotion and then the Microsoft Excel cption to dawnloed an editable capy of the document to your computer. 2. Complete work sheet heading- a Line 1: Business name Line 2: name of accounting form 5 Line 3: time period numbers represent 1 TRIAL BALANCE 3 7 ADJUSTMENTS CREDIT INCOME STATEMENT CREDIT 10 BALANCE SHEET CREDIT List all of the accounts, even the accounts with a zero balance. ACCOUNT TITLE DEBIT CREDIT DEBIT DEBIT DEBIT Put the account ending balance in either the debit or credit column under the Trial Balance heading. 10 Total the debit and credit columns. The totals should be equal. If not, check your amounts and what column they are in. 11 12 Extend account balances to either the Income Statement or Balance Sheet debit and credit columns. 13 6 14 7 Balance Sheet: accounting equation accounts 15 16 9 9 Income Statement: revenue and expense accounts 17 10 10 18 11 11 Complete the worksheet by calculating net income or net los. 19 12 12 20 13 Debit and credit totals should be equal in each section! 21 14 14 22 15 15 Questions? Contact your instructor. 23 16 16 24 17 17 25 18 18 26 19 19 27 28 Worksheet -
Module Ten Lesson One Assignment One Ending Ledger Account Title Balance Cash 19,266.00 Accounts Receivable – News 2 You 1,541.00 Accounts Receivable – All Eyes Promotions Computer Equipment Office Equipment Accounts Payable – Pro Advertising Accounts Payable – Auto Doctor Joe Smith, Capital Joe Smith, Drawing Income Summary Delivery Sales Advertising Expense Maintenance Expense Rent Expense Utilities Expense 2,500.00 1,050.00 650.00 2,236.00 20,550.00 1,000.00 4,345.00 275.00 724.00 1,000.00 425.00
Transcribed Image Text:Module Ten Lesson One Assignment One Ending Ledger Account Title Balance Cash 19,266.00 Accounts Receivable – News 2 You 1,541.00 Accounts Receivable – All Eyes Promotions Computer Equipment Office Equipment Accounts Payable – Pro Advertising Accounts Payable – Auto Doctor Joe Smith, Capital Joe Smith, Drawing Income Summary Delivery Sales Advertising Expense Maintenance Expense Rent Expense Utilities Expense 2,500.00 1,050.00 650.00 2,236.00 20,550.00 1,000.00 4,345.00 275.00 724.00 1,000.00 425.00
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