The unadjusted trial balance for Bramble Corp. is shown below. BRAMBLE CORP. Trial Balance October 31,...
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The unadjusted trial balance for Bramble Corp. is shown below. BRAMBLE CORP. Trial Balance October 31, 2017 Debit Credit Cash $15,540 Supplies 2,570 Prepaid Insurance 690 Equipment 4,690 Notes Payable $4,690 Accounts Payable 2,760 Unearned Service Revenue 1,410 Common Stock 10,200 Retained Earnings Dividends 580 Service Revenue 13,120 Salaries and Wages Expense 4,000 Rent Expense 4,110 $32,180 $32,180 Assume the following adjustment data. 1. Supplies on hand at October 31 total $560. 2. Expired insurance for the month is $115. 3. Depreciation for the month is $55. 4. As of October 31, services worth $870 related to the previously recorded unearned revenue had been performed. 5. Services performed but unbilled (and no receivable has been recorded) at October 31 are $300. 6. Interest expense accrued at October 31 is $80. 7. Accrued salaries at October 31 are $1,610. Prepare the adjusting entries for the items above, (If no entry is required, select "No Entry" for the account titles and en for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manua Debit Credit No. Date Account Titles and Explanation 1. Oct. 31 2. Oct. 31 3. Oct. 31 Oct. 31 Oct. 31 6. Oct. 31 7. Oct. 31 eTextbook and Media Tet of Accounts 4. 5. The unadjusted trial balance for Bramble Corp. is shown below. BRAMBLE CORP. Trial Balance October 31, 2017 Debit Credit Cash $15,540 Supplies 2,570 Prepaid Insurance 690 Equipment 4,690 Notes Payable $4,690 Accounts Payable 2,760 Unearned Service Revenue 1,410 Common Stock 10,200 Retained Earnings Dividends 580 Service Revenue 13,120 Salaries and Wages Expense 4,000 Rent Expense 4,110 $32,180 $32,180 Assume the following adjustment data. 1. Supplies on hand at October 31 total $560. 2. Expired insurance for the month is $115. 3. Depreciation for the month is $55. 4. As of October 31, services worth $870 related to the previously recorded unearned revenue had been performed. 5. Services performed but unbilled (and no receivable has been recorded) at October 31 are $300. 6. Interest expense accrued at October 31 is $80. 7. Accrued salaries at October 31 are $1,610. Prepare the adjusting entries for the items above, (If no entry is required, select "No Entry" for the account titles and en for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manua Debit Credit No. Date Account Titles and Explanation 1. Oct. 31 2. Oct. 31 3. Oct. 31 Oct. 31 Oct. 31 6. Oct. 31 7. Oct. 31 eTextbook and Media Tet of Accounts 4. 5.
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Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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