Complete the work sheet for Ramey Company, dated December 31, 20, through the adjusted trial balance using
Question:
a. Expired or used- up insurance, $ 460.
b. Depreciation expense on equipment, $ 870. (Remember to credit the Accumulated Depreciation account for equipment, not Equipment.)
c. Wages accrued or earned since the last payday, $ 120 (owed and to be paid on the next payday).
d. Supplies remaining, $80.
Transcribed Image Text:
Ramey Company Work Sheet For Month Ended December 31.20 TRIAL BALANCE DEBIT 5,190.00 ADJUSTMENTS ADJUSTED TRIAL BALANCE CREDIT DEBIT CREDIT DEBIT ACCOUNT NAME Cash Supplies Prepaid Insutance Equipment Accumulated. Depr, Equip. Accounts Payatle S. Ramey Capital S. Ramey Drewing CREDIT 43000 1 20000 4,678.00 1,556.00 1875.00 6,026.00 1,70000 Service Fees Rent Expense Supplies Expense Wages Expense Miscellanecus Expense 5,836.00 96500 267.00 765.00 15,203.00 15,293.0o
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Related Book For
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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