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Posted on Sep 12, 2024

1 For the Year Ended 190/2004 P4-31A A Account Tise 102 CIE Ich 30,000 Account 51.000 7.000 25,000 9,000 Au Payable 13,000 Uneaed 5500 21

1 For the Year Ended 190/2004 P4-31A A Account Tise 102 CIE Ich 30,000 Account 51.000 7.000 25,000 9,000 Au Payable 13,000 Uneaed 5500 21 000 Ich 56.500 20,000 With Service Revenue 33.000 2,500 40.000 5.500 Sales Exp Supplies expense interest Rent Expense Depreciation exp-equip Total Total 5,000 198 000 18TOGO 198,000 TSDOS 1.300 15 19 300 15 214.000 2100165000 100 30000 113.700 2295600 12000 120000 DOLL earning Objectives 1.2.3 P4-32A Completing the accounting cycle from adjusting entries to post-closing trial balance with an optional worksheet The wal balunce of Won And December 31, 2004, und the data for 5. Net Income 13.00 the auments follow WALTON ANVES Unadjusted Thal Balance December 31, 2014 Great Antide Den $13,400 14500 2.320 1,700 23,000 $1,000 7.100 Accounts Receivable Prevald Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Walton Capital Walton, Withdrawal Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Total 6,000 20.500 4.600 19,500 2.500 562.100 562.100 Adjustment data Uneamed Revenue will neared at December 31, 51,800 Prepaid Rent still in force at December 31, 52,100 c. Office Supplies used. 51.500. d. Depreciation, 3390 e. Accrued Salaries Expense at December 31, som Requirements 1. Open the T-accounts using the balances in the unadjusted trial balance. 2 Complete the worksheet for the year ended December 31, 2024 (optional) Prepare the adjusting entries and post to the accounts 4. Prepare an adjusted trial balance. 5. Prepare the income statement, the statement of owner's equiry, and the classified balance sheet in report form 1 For the Year Ended 190/2004 P4-31A A Account Tise 102 CIE Ich 30,000 Account 51.000 7.000 25,000 9,000 Au Payable 13,000 Uneaed 5500 21 000 Ich 56.500 20,000 With Service Revenue 33.000 2,500 40.000 5.500 Sales Exp Supplies expense interest Rent Expense Depreciation exp-equip Total Total 5,000 198 000 18TOGO 198,000 TSDOS 1.300 15 19 300 15 214.000 2100165000 100 30000 113.700 2295600 12000 120000 DOLL earning Objectives 1.2.3 P4-32A Completing the accounting cycle from adjusting entries to post-closing trial balance with an optional worksheet The wal balunce of Won And December 31, 2004, und the data for 5. Net Income 13.00 the auments follow WALTON ANVES Unadjusted Thal Balance December 31, 2014 Great Antide Den $13,400 14500 2.320 1,700 23,000 $1,000 7.100 Accounts Receivable Prevald Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Walton Capital Walton, Withdrawal Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Total 6,000 20.500 4.600 19,500 2.500 562.100 562.100 Adjustment data Uneamed Revenue will neared at December 31, 51,800 Prepaid Rent still in force at December 31, 52,100 c. Office Supplies used. 51.500. d. Depreciation, 3390 e. Accrued Salaries Expense at December 31, som Requirements 1. Open the T-accounts using the balances in the unadjusted trial balance. 2 Complete the worksheet for the year ended December 31, 2024 (optional) Prepare the adjusting entries and post to the accounts 4. Prepare an adjusted trial balance. 5. Prepare the income statement, the statement of owner's equiry, and the classified balance sheet in report form