what is the total debit on the trial balance what is the total credit on adjusted trial balance what is the total debit on after closing trial balance what is the total expenses that will appear in 2020 income statement what is the total revenues that will appear in 2020 income statement what is the net income for 2020 what is the book value of equipment what is the total assets what is the total liabilities what is the ending retained earnings what is the supplies unused what is the supplies used during 2020 what is the changes in equity during 2020 what is the balance of income summary on 31/12/2020 before it is closed what is the beginning retained earnings
what is the total debit on the trial balance what is the total credit on adjusted trial balance what is the total debit on after closing trial balance what is the total expenses that will appear in 2020 income statement what is the total revenues that will appear in 2020 income statement what is the net income for 2020 what is the book value of equipment what is the total assets what is the total liabilities what is the ending retained earnings what is the supplies unused what is the supplies used during 2020 what is the changes in equity during 2020 what is the balance of income summary on 31/12/2020 before it is closed what is the beginning retained earnings
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
a
Transcribed Image Text:balances 1-1-2020
cash
account receivable
supplies
equipment (purchased 1-1-2019)
accumelated depreciation
unearned service revenues
note payable (12% issued 31-12-2019 for 3 years)
shared capital balance
retained earning
transactions during 2020
supplies purchased for cash
services performed (1/3 of it on account)
salaries expense for cash
rent expenses for cash
utilities expense for cash
additional investment by owners for cash
dividends paid for cash
information relate to adjusting entries(31-12-2020)
accrued salaries unpaid
supplies on hand 31-12-2020
2/3 of unearned service revenues become earned
do not forget adjusting entries for depreciation & interest
answer the following questions relate to 31-12-2020:
(رقم الطالب الجامعي)your student id |
what is the total debit on the trial balance
what is the total credit on adjusted trial balance
what is the total debit on after closing trial balance
what is the total expenses that will appear in 2020 income statement
what is the total revenues that will appear in 2020 income statement
what is the net income for 2020
what is the book value of equipment
what is the total assets.
what is the total liabilities
what is the ending retained earnings
what is the supplies unused
what is the supplies used during 2020
what is the changes in equity during 2020
what is the balance of income summary on 31/12/2020 before it is closed
what is the beginning retained earnings
Amount (S)
21000
11000
4000
22000
2000
6000
11000
34000
5000
600
45200
6900
3200
1500
10700
2200
1100
2900
answers:
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