Yellow Service Company has the following unadjusted balances at vear-end. YELLOW Service Company TRIAL BALANCE Dec., 31, 2018 Unadjusted Trial Bal. Debit Adjusted Trial Bal. Credit Асcounts Credit Debit Cash TL 51.600 Account Receivable Prepaid Insurance Supplies Equipment Accumulated depreciation-Equipment Accounts payable Salaries payable Unearned service revenue Capital, Yellow 8.000 5.200 42.000 14.000 11.600 18.000 61.000 Withdrawals 22.400 Service revenue 39.400 14.800 Salary expense Depreciation expense Insurance expense Supplies expense ТОTAL TL 144.000 TL 144.000 The following information is available to use in making adjusting entries. a. Office supplies on hand at year-end, TL 3.200. b. Prepaid insurance expired during the year, TL 1.500. c. Unearned service revenue still unearned, TL 4.000. d. Depreciation expense for the year, TL 5.600. e. Accrued salaries at year-end, TL 2.900. Revenues earned but not bilIled totaled TI 15 500

Yellow Service Company has the following unadjusted balances at vear-end. YELLOW Service Company TRIAL BALANCE Dec., 31, 2018 Unadjusted Trial Bal. Debit Adjusted Trial Bal. Credit Асcounts Credit Debit Cash TL 51.600 Account Receivable Prepaid Insurance Supplies Equipment Accumulated depreciation-Equipment Accounts payable Salaries payable Unearned service revenue Capital, Yellow 8.000 5.200 42.000 14.000 11.600 18.000 61.000 Withdrawals 22.400 Service revenue 39.400 14.800 Salary expense Depreciation expense Insurance expense Supplies expense ТОTAL TL 144.000 TL 144.000 The following information is available to use in making adjusting entries. a. Office supplies on hand at year-end, TL 3.200. b. Prepaid insurance expired during the year, TL 1.500. c. Unearned service revenue still unearned, TL 4.000. d. Depreciation expense for the year, TL 5.600. e. Accrued salaries at year-end, TL 2.900. Revenues earned but not bilIled totaled TI 15 500

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

NO.: DATE: 6- ACCOUNT MAME DATE ACCOUNT PAYABLE ACCOUNT TITLE AND EXPLANAHON DEBIT CREDIT JR -THE BUSINESS ACQUIRED DEFICE FQUIPMTENT AND FURMITHIRE WORT H P25,000 AND P 45,000 RESPECTIVELY PAID PI5I000 CASA AND ISSUED A MOTE PAYABLE FOR THE BALAMCE- PAGE 2 GEMERAL JOURNAL ACCOUMT TITLE AND EXPLANATION CREDIT DATE 2018 DEC12. PR DEBIT OFFICE EQUIPMENT lo6P 25i000 FURNITURE ANDFIXTURS 107 CASH NOTES PAYABLE 45,000 101 202 P 15,00 55,000 ACCOUNT NO. ACCOUNT HAME ACCOUNT AND Ex PLANATION J.RI DEBIT BATE CREDIT
Ensemble Co. Unadjusted Trial Balance For the Year Ending December 31, 2018 Debit Balances Credit Balances 42,900 123,500 27,000 300,000 52,000 4,800 40,000 137,200 5,000 1,216,000 660,000 275,000 16,600 1,801,500 1,801,500 Trial Balance to be prepared from the above given values? Cash Accounts Receivable. Prepaid Insurance. Equipment... Accounts Payable Salaries Payable. Common Stock Retained Earnings Dividends... Service Revenue Salary Expense... Advertising Expense... Miscellaneous Expense
Please help me prepare a T-Account.
22 Salaries Payable 55 Insurance Expense 23 Unearmed Fees 59 Miscellaneous Expense The post-dosing trial balance as of April 30, 2019 Required: Journalize each of the May transactions using Kelly Consulling's clhar of accounts. (Do not Insert the account rumbers in the Post. Ref. colt compound transaction, if an amount box does not require an entry, leave it blank, May 3. Receved.cash fromn clients as an advance payrment for servies to be provided and recorded it as unearned fees, s1.500. Post. Ref. 4,500 May 5: Received cash from dlients on account, $2,450. Post. Ref. Debit 2,450 May 9: Paid cash for a newspaper advertisement, $225. Post. Ref. Debit DOOdODS日 May 13: Paid Office Station Co. for part of the debt incurred on April 5, $640. Post. Ref. Debit 640 May 15: Provided services on accournt for the period May 1-15, $9,180. Description Post. Ref. Debit 9,180 9,180 May 16: Paid part-time receptionist for two weeks' salary induding the amount owed on April 30, $750. Description Post.…
Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton CompanyAdjusted Trial BalanceDecember 31 AccountNo. DebitBalances CreditBalances Cash 11 6,946 Accounts Receivable 12 2,302 Prepaid Expenses 13 632 Equipment 18 14,319 Accumulated Depreciation 19 1,405 Accounts Payable 21 1,499 Notes Payable 22 4,301 Bob Steely, Capital 31 15,223 Bob Steely, Drawing 32 634 Fees Earned 41 7,214 Wages Expense 51 3,364 Rent Expense 52 829 Utilities Expense 53 351 Depreciation Expense 54 172 Miscellaneous Expense 59 93 Totals 29,642 29,642 Determine the net income (loss) for the period.
On November 1, 2022, the account balances of Blue Spruce Corp. were as follows. No. Debits No. Credits 101 Cash $2,880 154 Accumulated Depreciation-Equipment $2,400 112 Accounts Receivable 5,100 201 Accounts Payable 3,120 126 Supplies 2,160 209 Unearned Service Revenue 1,440 153 Equipment 14,400 212 Salaries and Wages Payable 840 311 Common Stock 12,000 320 Retained Earnings 4,740 $24,540 $24,540 During November, the following summary transactions were completed. Nov. 8 Paid $2,040 for salaries due employees, of which $840 is for October salarles. 10 Received $4.096 cash from customers on account. 12 Received $3,720 cash for services performed in November. 15 Purchased equipment on account $2,400. 17 Purchased supplies on account $840. 20 Paid creditors on account $3,240. 22 Paid November rent $480. 25 Paid salaries $2,040. 27 Performed services on account and billed customers $2,280 for these services. 29 Recelved $720 from customers for future service.
On January 1, 2021, the general ledger of ACME Fireworks includes the following account balances:Accounts Debit CreditCash $ 25,100Accounts Receivable 46,200Allowance for Uncollectible Accounts $ 4,200Inventory 20,000Land 46,000Equipment 15,000Accumulated Depreciation 1,500Accounts Payable 28,500Notes Payable (6%, due April 1, 2022) 50,000Common Stock 35,000Retained Earnings…
h
Don't answer in image
Please help me
Transactions Alex and Hagi decided to open a home cleaning service company, H@L . The following information is a partial list of transactions from H@L Inc. January 1- Alex and Hagi gach donated $ 25.000 in exchange for common stock to start the business. March 3- H@L Inc., paid $ 3.000 cash for a two-year insurance policy that was effective immediately. March 15-The Company purchased $8.000 of supplies on account. April 5- The Company purchased some cleaning equipment for $10.000 cash. The equipment should last for five years with no residual value. H@L company will take a full year of depreciation in 2020. May 1-H@L Inc., purchased a year's worth of advertising in a local newspaper for $ 1.200 cash. September 1- The Company obtained a nine-month loan for $ 15.000 at 5% from Do Not Trust Bank, with interest and principal payable on June 2021. December 31- The Company paid $ 5.000 of accounts payable owed from transaction 3. December 31- The Company earned service revenues of $ 26.225,…
Prêpare a Journal Entries for Accounts Receivables. Is not a graded question If can't the part B is : what would the year-end adjusting journal entry be given the following Allow to DA 375