INTERMEDIATE ACCOUNTING
3rd Edition
ISBN: 9780136946694
Author: GORDON
Publisher: RENT PEARS
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Textbook Question
Chapter 4, Problem 4.18E
Magic Cleaning Services Unadjusted Trial Balance At December 31 | ||
Account | Debit | Credit |
Cash | $430,900 | |
158,000 | ||
Supplies | 111,000 | |
Prepaid Rent | 2.400 | |
Building Accounts Payable |
90,000 | $45,900 |
Unearned Service Revenue | 98,000 | |
Common Stock | 100,000 | |
0 | ||
Service Revenue | 619,200 | |
Wage Expense | 48,600 | |
Utilities Expense | 6,200 | |
Administrative Expense | 16,000 | |
Totals | $863,100 | $863,100 |
Required
- a. Journalize necessary adjusting journal entries Omit explanations.
- b. Prepare an adjusted trial balance as of December 31 2018.
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is 21%. Complete the account activity table for Kathy.
Previous
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Purchases
and Cash
Advances
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and Credits
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Chapter 4 Solutions
INTERMEDIATE ACCOUNTING
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