This is the trial balance of Cullumber Company on September 30. CULLUMBER COMPANY Trial Balance September...

This is the trial balance of Cullumber Company on September 30.

CULLUMBER COMPANY Trial Balance September 30, 2022
	Debit	Credit
Cash	$ 24,020
Accounts Receivable	7,420
Supplies	4,210
Equipment	10,110
Accounts Payable		$ 9,620
Unearned Service Revenue		3,210
Common Stock		19,820
Retained Earnings		13,110
	$45,760	$45,760

The October transactions were as follows.

Oct. 5		Received $1,380 in cash from customers for accounts receivable due.
10		Billed customers for services performed $5,870.
15		Paid employee salaries $1,030.
17		Performed $550 of services in exchange for cash.
20		Paid $1,980 to creditors for accounts payable due.
29		Paid a $320 cash dividend.
31		Paid utilities $380

Post to the ledger accounts. (Post entries in the order of information presented in the question.)

Expert Solution

ekkarill92 answered 2 years ago

This is the trial balance of Solis Company on September 30. SOLIS COMPANY Trial Balance September...

This is the trial balance of Solis Company on September 30. SOLIS COMPANY Trial Balance September 30, 2014 Debit Credit Cash $ 23,400 Accounts Receivable 6,800 Supplies 4,300 Equipment 10,200 Accounts Payable $ 9,000 Unearned Service Revenue 3,300 Common Stock 19,200 Retained Earnings 13,200 $44,700 $44,700 The October transactions were as follows. Oct. 5 Received $1,360 in cash from customers for accounts receivable due. 10 Billed customers for services performed $5,740. 15 Paid employee salaries $1,200. 17 Performed $640 of...

The trial balance columns of the worksheet for Cullumber Company at June 30, 2020, are as...

The trial balance columns of the worksheet for Cullumber Company at June 30, 2020, are as follows. Cullumber Company Worksheet For the Month Ended June 30, 2020 Trial Balance Account Titles Dr. Cr. Cash 2,200 Accounts Receivable 2,400 Supplies 1,900 Accounts Payable 1,100 Unearned Service Revenue 370 Owner’s Capital 2,170 Service Revenue 3,700 Salaries and Wages Expense 640 Miscellaneous Expense 200 Total 7,340 7,340 Other data: 1. A physical count reveals $300 of supplies on hand. 2. $200 of...

Trial Balance 1. Prepare a trial balance for Kenny's Lawn Service as of September 30, 20--....

Trial Balance 1. Prepare a trial balance for Kenny's Lawn Service as of September 30, 20--. List the accounts in the order of Assets, Liabilities, Owner's equity, Revenue, and Expenses. If an amount box does not require an entry, leave it blank. The following accounts have normal balances. Cash $10,000 Accounts Receivable 6,000 Supplies 1,600 Prepaid Insurance 1,200 Delivery Equipment 16,000 Accounts Payable 4,000 Kenny Young, Capital 20,000 Kenny Young, Drawing 2,000 Delivery Fees 18,800 Wages Expense 4,200 Rent Expense...

Question 1 Trial balance extracts at 30 September 2019 $’000 Land at cost on 30 September...

Question 1 Trial balance extracts at 30 September 2019 $’000 Land at cost on 30 September 2018 50,000 Plant and equipment at cost 76,600 Accumulated depreciation at 30 September 2018 Plant 24,600 Capitalised development expenditure at 30 September 2018 20,000 Non-current assets – tangible: The land was acquired on the 30 September 2018. The company’s policy is to revalue its land at each year end and at 30 September 2019 it was valued at $53 million. On 1 October 2018...

Prepare a trial balance for Kenny's Lawn Service as of September 30, 20--.

Prepare a trial balance for Kenny's Lawn Service as of September 30, 20--. List the accounts in the order of Assets, Liabilities, Owner's equity, Revenue, and Expenses. If an amount box does not require an entry, leave it blank. The following accounts have normal balances. Cash $10,000 Accounts Receivable 6,000 Supplies 1,600 Prepaid Insurance 1,200 Delivery Equipment 16,000 Accounts Payable 4,000 Kenny Young, Capital 20,000 Kenny Young, Drawing 2,000 Delivery Fees 18,800 Wages Expense 4,200 Rent Expense 1,800

This information relates to the Cash account in the ledger of Cullumber Company. Balance September 1—$20,340;...

This information relates to the Cash account in the ledger of Cullumber Company. Balance September 1—$20,340; Cash deposited—$64,000 Balance September 30—$21,540; Checks written—$62,800 The September bank statement shows a balance of $20,440 at September 30 and the following memoranda. Credits Debits Collection from customer of electronic funds transfer $2,460 NSF check: H. Kane $1,190 Interest earned on checking account 65 Safety deposit box rent 80 At September 30, deposits in transit were $5,388 and outstanding checks totaled $3,033. 1. Prepare...

A partial adjusted trial balance of Cullumber Company at January 31, 2021, shows the following.

Exercise 130A partial adjusted trial balance of Cullumber Company at January 31, 2021, shows the following.CULLUMBER COMPANYAdjusted Trial BalanceJanuary 31, 2021DebitCreditSupplies$3,700Prepaid Insurance8,700Salaries and Wages Payable$2,600Unearned Revenue2,600Supplies Expense4,700Insurance Expense1,450Salaries and Wages Expense7,700Service Revenue8,400Answer the following questions, assuming the year begins January 1.1. If the amount in Supplies Expense is the January 31 adjusting entry, and $3,400 of supplies was purchasedin January, what was the balance in Supplies on January 1?2. If the amount in Insurance Expense is the January 31 adjusting entry, and...

West Laboratory provides service The trial balance at 30 September 2019, before adjustments is as follows:...

West Laboratory provides service The trial balance at 30 September 2019, before adjustments is as follows: Debit Credit Cash $174,450 Accounts Receivable 17,000 Prepaid Rent 28,000 Prepaid insurance 1,600 Supplies inventory 2,400 Equipment 183,600 Accumulated Depreciation: Equipment $68,850 Accounts Payable 18,100 Unearned revenue 14,000 Share Capital 200,000 Retained Earnings 44,700 Revenue 371,000 Salaries Expense 200,000 Rent expense 56,000 Insurance expense 3,200 Utilities Expense 9,600 Depreciation Expense 40,800 $716,650 $716,650 The following information relates to month end adjustments: The...

Prepare a trial balance sheet for Mia Stage, Interior Design, as of September 30, 2017. (15...

Prepare a trial balance sheet for Mia Stage, Interior Design, as of September 30, 2017. (15 Points) Mia Stage, Interior Design Adjusted Trial Balance Month Ending September 30, 2017 Debits Credits Cash 14,275 Accounts Receivable 3,650 Supplies 1,250 Prepaid Ins. 2,400 Automobile 12,500 Equipment 6,250 Accounts Payable 6,850 Notes Payable 9,800 MS, Capital 19,000 MS, Drawing 2,000 Fees Earned 15,650 Rent Expense 3,150 Salary Expense 2,300 Programming Expense 2,300 Equipment Expense 550 Misc. Expense 675 Total $51,300 51,300 Prepare Financial...

Below is the September 30, 2018 unadjusted trial balance of Car Washing, Inc. Unadjusted TB Adjustments...

Below is the September 30, 2018 unadjusted trial balance of Car Washing, Inc. Unadjusted TB Adjustments Adjusted Trial Balance Adjusted TB DR CR DR DR CR CR DR CR Cash $1,600 Accounts receivable 750 Supplies 400 Prepaid insurance 1,600 Prepaid rent 800 Equipment 20,000 A.D. – Equipment $2,000 Accounts payable 900 Wages payable Interest payable Unearned washing revenue 600 Note payable 4,000 Common shares 1,000 Retained earnings 2,550 Dividends 1,000 Car Washing revenue 38,000 Wages expense 12,000 Interest expense Depreciation...

Question