Question

In: Accounting

Manning Delivery Service Worksheet December 31, 2016 Unadjusted Trial Balance Adjustments Account Title Debit Credit Cash...

Manning Delivery Service Worksheet December 31, 2016 Unadjusted Trial Balance Adjustments Account Title Debit Credit Cash 22,750 Accounts Receivable 1,200 Office Supplies 600 (d) 250 (d) 350 Prepaid Insurance 450 (c) 450 Truck 17,000 Acc. Dep.—Truck Accounts Payable 0 Salaries Payable Unearned Revenue 1,700 (e) 600 (e) 1100 Common Stock 34,000 Dividends 2,700 Service Revenue 12,500 (e) 12500 Salaries Expense 1,500 (a) 1500 Dep. Exp.—Truck (b) 1600 Insurance Expense Fuel Expense 200 200 Rent Expense 1,800 1800 Supplies Expense 48,200 48,200 1900 Net income or loss Choose from any list or enter any number in the input fields and then click Check Answer.

a.

 Accrued Salaries​ Expense,

$ 1,500.

b.

 Depreciation was recorded on the truck using the​ straight-line method. Assume a useful life of 5 years and a salvage value of $8,000.

c.

Prepaid Insurance for the month has expired $450.

d.

 Office supplies on​ hand,

$250.

e.

 Unearned Revenue earned during the​ month,

$600.

f.

 Accrued Service​ Revenue,

$850.

Manning Delivery Service

Worksheet

December 31, 2016

Unadjusted

Trial Balance

Adjustments

Account Title

Debit

Credit

Cash

22,750

Accounts Receivable

1,200

Office Supplies

600

Prepaid Insurance

450

Truck

17,000

Acc. Dep.—Truck

Accounts Payable

0

Salaries Payable

Unearned Revenue

1,700

Common Stock

34,000

Dividends

2,700

Service Revenue

12,500

Salaries Expense

1,500

(a)

1500

Dep. Exp.—Truck

(b)

1600

Insurance Expense

Fuel Expense

200

200

Rent Expense

1,800

1800

Supplies Expense

48,200

48,200

1900

Net income or loss

Choose from any list or enter any number in the input fields and then click Check Answer.

Solutions

Expert Solution

ekkarill92 answered 1 year ago
Next > < Previous

Related Solutions

Pete's Roofing, Inc. Unadjusted Trial Balance December 31, 2014 Account Debit Credit Cash $                       &nbs
Pete's Roofing, Inc. Unadjusted Trial Balance December 31, 2014 Account Debit Credit Cash $                            5,000 Accounts Receivable                              20,000 Supplies                                 6,000 Prepaid Rent                              10,500 Equipment                           850,000 Accumulated Depreciation                           235,000 Other Assets                              65,000 Accounts Payable                              10,500 Unearned Service Revenue                              12,500 Note Payable                              60,000 Common Stock                           285,000 Retained Earnings                              35,000 Service Revenue                           625,000 Wages Expense                           205,000 Rent Expense                              92,600 Interest Expense                                 8,900 Totals $                 1,263,000 $                 1,263,000 At year end, you have the following data for adjustments: a.  An analysis indicates that prepaid rent on December 31...
Elite Realty UNADJUSTED TRIAL BALANCE March 31, 2018 ACCOUNT TITLE DEBIT CREDIT 1 Cash 25,100.00 2...
Elite Realty UNADJUSTED TRIAL BALANCE March 31, 2018 ACCOUNT TITLE DEBIT CREDIT 1 Cash 25,100.00 2 Accounts Receivable 58,900.00 3 Prepaid Insurance 2,900.00 4 Office Supplies 2,400.00 5 Accounts Payable 12,000.00 6 Common Stock 10,000.00 7 Retained Earnings 36,100.00 8 Dividends 1,800.00 9 Fees Earned 231,000.00 10 Salary and Commission Expense 144,500.00 11 Rent Expense 27,000.00 12 Advertising Expense 17,400.00 13 Automobile Expense 5,100.00 14 Miscellaneous Expense 4,000.00 15 Totals 289,100.00 289,100.00 The following business transactions were completed by Elite...
Green Advertising Services Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $14,000...
Green Advertising Services Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $14,000 Accounts Receivable 15,800 Office Supplies 6,500 Land 18,400 Building 47,900 Accumulated Depreciation—Building $36,100 Furniture 19,600 Accumulated Depreciation—Furniture 14,100 Accounts Payable 10,600 Salaries Payable 7,200 Unearned Revenue 16,000 Common Stock 30,000 Retained Earnings 31,400 Dividends 18,300 Service Revenue 49,800 Salaries Expense 28,600 Supplies Expense 8,400 Depreciation Expense—Building 2,900 Depreciation Expense—Furniture 1,300 Advertising Expense 13,500 Total $195,200 $195,200 Requirement 2. Prepare the statement of retained earnings...
Green Advertising Services Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $14,000...
Green Advertising Services Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $14,000 Accounts Receivable 15,800 Office Supplies 6,500 Land 18,400 Building 47,900 Accumulated Depreciation—Building $36,100 Furniture 19,600 Accumulated Depreciation—Furniture 14,100 Accounts Payable 10,600 Salaries Payable 7,200 Unearned Revenue 16,000 Common Stock 30,000 Retained Earnings 31,400 Dividends 18,300 Service Revenue 49,800 Salaries Expense 28,600 Supplies Expense 8,400 Depreciation Expense—Building 2,900 Depreciation Expense—Furniture 1,300 Advertising Expense 13,500 Total $195,200 $195,200 Requirement 3. Prepare the classified balance sheet as...
Use the unadjusted trial balance of Electric Bike on December 31, 2020. Debit Credit Cash $...
Use the unadjusted trial balance of Electric Bike on December 31, 2020. Debit Credit Cash $ 7,700 Accounts receivable 22,265 Merchandise inventory 34,200 Store supplies 2,215 Office supplies 915 Prepaid insurance 4,655 Equipment 70,090 Accumulated depreciation, equipment $ 13,255 Accounts payable 7,600 Salaries payable 0 Braeden Li, capital 163,945 Braeden Li, withdrawals 60,000 Interest income 270 Sales 527,000 Sales returns and allowances 4,670 Cost of goods sold 380,760 Salaries expense 95,900 Rent expense 28,700 Supplies expense 0 Depreciation expense, equipment...
Baltic Supplies presented the following unadjusted trial balance as at December 31, 2016 Accounts Debit Credit...
Baltic Supplies presented the following unadjusted trial balance as at December 31, 2016 Accounts Debit Credit cash Accounts Receivable 410,000 Merchandise Inventory 330,000 Store supplies 144,800 Prepaid Insurance Expense 156,000 Building and Equipment 800,000 Accumulated depreciation- Building and Equipment 237,000 Accounts payable 435,000 Travelling expense payable unearned sales revenue 220,000 Note payable long term 345,000 Baltic capital 1,791,900 Baltic Withdrawal 35,000 Sales revenue earned 917,000 Sales discount 35,000 Sales returns and allowances 42,100 Cost of goods sold 585,000 Salaries expense...
Account Unadjusted trial balance(debit) Unadjusted trial balance(credit Adjusting entries(debit) adjusting entries(credit) adjusted trial balance(debit) Adjusted trial...
Account Unadjusted trial balance(debit) Unadjusted trial balance(credit Adjusting entries(debit) adjusting entries(credit) adjusted trial balance(debit) Adjusted trial balance(credit) Cash 32,236.75 32,236.75 baking supplies 18,500 18,500 merchandise inventory(fifo) 175.65 175.65 prepaid rent 1500 1500 prepaid insurance 2400 2400 baking equipment 6000 6000 accumulated depreciation 208.33 208.33 office supplies 600 600 accounts receivable 7700 7700 notes payable 10,000 10,000 wages payable 480 480 common stock 16,000 16,000 dividends 10,000 10,000 bakery sales 55,000 55,000 merchandise sales 221 221 baking supplies expense rent expense...
ACE CONSTRUCTION CO. Unadjusted Trial Balance June 30, 2013 No. Account Title Debit Credit 101 Cash...
ACE CONSTRUCTION CO. Unadjusted Trial Balance June 30, 2013 No. Account Title Debit Credit 101 Cash 19,000   126 Supplies 7,000   128 Prepaid insurance 6,000   167 Equipment 139,290   168 accumulated Depreciation – Equipment $ 22,000   201 Accounts payable 6,200   251 Long-term notes payable 21,000   301 V. Ace, equity 79,900   302 V. Ace, withdrawals 26,500   401 Construction fees earned 144,000   623 Wages expense 49,000   633 Interest expense 2,310   640 Rent expense 13,000   683 Property taxes expense 4,100   684 Repairs expense 2,600   690...
Core Constructions Company Trial Balance for the Month Ending December 31, 2019 Account Title Debit Credit...
Core Constructions Company Trial Balance for the Month Ending December 31, 2019 Account Title Debit Credit 100-Cash 600 101-Accounts Receivable 300 102-Supplies 12,500 103-Prepaid Rent 24,000 150-Computer (Cost) 125,000 151-Accumulated Depreciation 1,500 200-Accounts Payable 200 201-Unearned Revenue 60,000 202-Salaries & Wages Payable 0 300-Owner's Capital 35,600 301-Owner's Drawings 5,500 400-Sales Revenue 200,000 500-Telephone Expense 3,600 601-Salaries & Wages Expense 125,800 650-Supplies Expense 0 750-Depreciation Expense 0 790-Rent Expense 0 297,300 297,300 Adjustments: 1. The Supplies balance on December 31st is...
Core Constructions Company Trial Balance for the Month Ending December 31, 2019 Account Title Debit Credit...
Core Constructions Company Trial Balance for the Month Ending December 31, 2019 Account Title Debit Credit 100-Cash 600 101-Accounts Receivable 300 102-Supplies 12,500 103-Prepaid Rent 24,000 150-Computer (Cost) 125,000 151-Accumulated Depreciation 1,500 200-Accounts Payable 200 201-Unearned Revenue 60,000 202-Salaries & Wages Payable 0 300-Owner's Capital 35,600 301-Owner's Drawings 5,500 400-Sales Revenue 200,000 500-Telephone Expense 3,600 601-Salaries & Wages Expense 125,800 650-Supplies Expense 0 750-Depreciation Expense 0 790-Rent Expense 0 297,300 297,300 Adjustments: 1. The Supplies balance on December 31st is...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT