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The following is the six-column worksheet of the Drilon's Delivery Services prepared with errors. Analyze the given worksheet of the Drilon's Delivery Services for oril 2022. Answer the questions that follows Drilon's Delivery Services Worksheet For the month Ended April 30, 2021 Acct No. Particulars Trial Balance Cr Balance Sheet Dr 1112500 1200000 145500 101 Cash on Hand 105 Cash in Bank Accounts 110 Receivable-Sheila Ocampo Accounts 42000 115 Receivable-Diether Mendoza 120 Office Equipment 300050 Delivery 20000 125 Equipment Accounts Payable- 201 14000 David Carreal Accounts Payable- 205 Ronald Amparo Cecille Drilon, 301 Capital Cecille Drilon, 302 Drawings 401 Delivery Revenue 501 Delivery Expense Maintenance 505 Expense 510 Rent Expense 515 Utilities Expense Total Net Income/Net Loss Total Dr 1112500 1200000 145500 42000 300050 20000 58000 7000 60450 70000 11500 3077200 Cr Income Statement Dr Cr 14000 165000 2540000 308000 308000 7000 60450 70000 11500 3077200 341000 308000 33000 341000 341000 3742500 3300 3745800 165000 2540000 58000 3745800 3745800

The following is the six-column worksheet of the Drilon's Delivery Services prepared with errors. Analyze the given worksheet of the Drilon's Delivery Services for oril 2022. Answer the questions that follows Drilon's Delivery Services Worksheet For the month Ended April 30, 2021 Acct No. Particulars Trial Balance Cr Balance Sheet Dr 1112500 1200000 145500 101 Cash on Hand 105 Cash in Bank Accounts 110 Receivable-Sheila Ocampo Accounts 42000 115 Receivable-Diether Mendoza 120 Office Equipment 300050 Delivery 20000 125 Equipment Accounts Payable- 201 14000 David Carreal Accounts Payable- 205 Ronald Amparo Cecille Drilon, 301 Capital Cecille Drilon, 302 Drawings 401 Delivery Revenue 501 Delivery Expense Maintenance 505 Expense 510 Rent Expense 515 Utilities Expense Total Net Income/Net Loss Total Dr 1112500 1200000 145500 42000 300050 20000 58000 7000 60450 70000 11500 3077200 Cr Income Statement Dr Cr 14000 165000 2540000 308000 308000 7000 60450 70000 11500 3077200 341000 308000 33000 341000 341000 3742500 3300 3745800 165000 2540000 58000 3745800 3745800

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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REQUIRED: • Prepare the correct balance sheet (in excel)
The following is the six-column worksheet of the Drilon's Delivery Services prepared with errors. Analyze the given worksheet of the Drilon's Delivery Services for əril 2022. Answer the questions that follows Drilon's Delivery Services Worksheet For the month Ended April 30, 2021 Acct No. Particulars Trial Balance Balance Sheet 101 Cash on Hand 105 Cash in Bank Accounts 110 Receivable- Sheila Ocampo Accounts 115 Receivable- Diether Mendoza 120 Office Equipment Delivery 125 Equipment Accounts Payable- 201 David Carreal Accounts Payable- 205 Ronald Amparo Cecille Drilon, 301 Capital Cecille Drilon, 302 Drawings 401 Delivery Revenue 501 Delivery Expense Maintenance 505 Expense 510 Rent Expense 515 Utilities Expense Total Net Income/Net Loss Total Dr 1112500 1200000 145500 42000 300050 20000 58000 7000 60450 70000 11500 3077200 Cr Income Statement Dr Cr 14000 165000 2540000 308000 7000 60450 70000 11500 3077200 341000 341000 308000 308000 33000 341000 Dr 1112500 1200000 145500 42000 300050 20000 14000 3742500 3300 3745800 Cr 165000 2540000 58000 3745800 3745800
Transcribed Image Text:The following is the six-column worksheet of the Drilon's Delivery Services prepared with errors. Analyze the given worksheet of the Drilon's Delivery Services for əril 2022. Answer the questions that follows Drilon's Delivery Services Worksheet For the month Ended April 30, 2021 Acct No. Particulars Trial Balance Balance Sheet 101 Cash on Hand 105 Cash in Bank Accounts 110 Receivable- Sheila Ocampo Accounts 115 Receivable- Diether Mendoza 120 Office Equipment Delivery 125 Equipment Accounts Payable- 201 David Carreal Accounts Payable- 205 Ronald Amparo Cecille Drilon, 301 Capital Cecille Drilon, 302 Drawings 401 Delivery Revenue 501 Delivery Expense Maintenance 505 Expense 510 Rent Expense 515 Utilities Expense Total Net Income/Net Loss Total Dr 1112500 1200000 145500 42000 300050 20000 58000 7000 60450 70000 11500 3077200 Cr Income Statement Dr Cr 14000 165000 2540000 308000 7000 60450 70000 11500 3077200 341000 341000 308000 308000 33000 341000 Dr 1112500 1200000 145500 42000 300050 20000 14000 3742500 3300 3745800 Cr 165000 2540000 58000 3745800 3745800
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