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201 Accounts are 250 Wages pays 20 Uneamed cow 1.10 0 500 NO 0 73.0 00 307 Corona 310 Headings Sertad Pro Santara Reyered Business

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201 Accounts are 250 Wages pays 20 Uneamed cow 1.10 0 500 NO 0 73.0 00 307 Corona 310 Headings Sertad Pro Santara Reyered Business Solutions on October 1, 2019. The company has been SUCC, and its ist of somers has grown. To accommodate the power the courting system is modified to set up parle count for each customer. The following chart of accounts includes the account Number used for each count and any balances of December 31, 2019. Santana Rey decided to add a fourth digit with a decimal point to the 10 sunt number that had been used for the single Account Recalable account. This change the company to continue using the dating chart of accounts Chart of Accounts No Account de Dee Crede 48,3 101 Cash 1061 Alex's Engineering Co. 0 105.2 Wildcal Services 106.3 Easy Long 0 3,00 1034 FM Co. 0 100 5 Corp 0 2.66 1000 Gomer ca. 3 319 403 413 414 455 502 612 613 Dividende Concursos Sales Belums dance Ses count Coel of goods Depreciations Ocement Deprecision personen Wages per Insurance pe Her expen Compre expense Advenge penge Mapens Maatraagam Repairs pour 637 640 652 O 0 0 0 106.7 Dell Op 103.8 kind 1060 Dream, Inc 110 Merchandise inventory Computer supplies 120 Prepaid insurance 131 Prepaid 616 671 664 500 1.60 5 163 8,00 0 164 Orice equipment Accumulated depreciation Office equipment Computer equipment $ 400 In response to meststrom Hay will begin ng computerow, The company wil entendre le of 1/10,20 FOB na wewe purchase the merchants However, no caso in con Additional account (No. 119,413, 414,415, de added to its were commodate the company warthandsco Alte Hurwis Sortie des not overing entries and for me and gave balances ay 1, 2020 167 20.0 00 125 16 Accumulated depreciation - Computeremont You are to record bestens for January through Marching the formation bal The company paid cash to Lyn Add to five days worth $123 per day Four of the five days to get payable that were cod in the prior year 3 The company paid Kansas Corp. for the beneathe cash countless the 5400 out in the remorandum 5 The company paid 31200 cash to the local newspapers with today's paper 1 The coperty received the blue Ali's Engineering Os for freshed on 1 January 11 The company pod 35000 cash individende 5 2 The company merchandise with 2.600 cost for $1.220 credit to Dello Inice dated February 23 2 The company paid cash to Afone day at 125per day 6 2. The company insed Santana y for business wombe (600 790.32 per il M# The company purchased $3,730 of computer les from Here Ofice Products on credit, Invoice dated March 5 Santana Ray in additional $25.000 cash in the company in exchange for more common 7 The company purchased 10 of merchandise from Kanu Corp who 1/10,30. FOR shipping point, lice dated January 9 The company recalved $2.868 cash from Gomos payment on account 1 The company completed in five-day project for Alex's Engineering and 1 $5.500, which is the orice of 7.000 es the stance payment of 1.500 1 The company thandise with a retail store of 85.200 and a cost of $8.50 3 La Corp. Invoice day 13 1 The company 1800 for the charges on the merchandise purchased on 6 January 1 The corrected 4.000 com Data Co for computer services provided 6 1 The company and Corp. or the nice day.net of the court Cor med 500 of elective from celery 12 Themed merchandise which had a $3200 discarded (The policy of Business Schon is to have the cost of elective educatis cost of goods sold 2 The company received the balanseromorp.net of bodiaculand 2 therefore than 7. The company recive merchandise Kansas Capanded a credit 4 puth The defective marchandisine conto the discount The company received the balance from Dela Cotor merchandise old on February 23 1 The company paid $610 cash for minor repair the company's computer 1 The company received $5.200 chrom Dream, Inercing provided 1 The company paid the amount to Harria Production of amous on December 1551.100) March 2 The company bleday Long for $1.047 of computing and provided 2 The company od merchandiewth.02 costo 2.00 on credits Widest Sentes, canh The company old merchandisha 31.04 12.220 on credit D Company de Mario 3 The company rembun Santana Ray torba web age 400 m 150 per mile) 2 The company chased 7000 of merchandise from Kama Corp whes of th, FOB, in den January 20 2. The company of merchandise with a color 5.000 on credit to KC, Inc. on January The company to Lyn Add for 10 days work 5125 per day 1 The company po 12475. Motor 1 The following additional facts are available for preparing adjustments on the March 31 worksheet prior to financial statement preparation: a. The March 31 amount of computer supplies still available totals $850. b. Three more months have expired since the company purchased its annual insurance policy at a $2,220 cost for 12 months of coverage. c. Lyn Addie has not been paid for seven days of work at the rate of $125 per day. d. Three months have passed since any prepaid rent has been transferred to expense. The monthly rent expense is $925. e. Depreciation on the computer equipment for January 1 through March 31 is $2,250. f. Depreciation on the office equipment for January 1 through March 31 is $800. 9. The March 31 amount of merchandise inventory still available totals $554. Required: 1. Prepare journal entries to record each of the January through March transactions. SKIP A LINE BETWEEN EACH TRANSACTION 2. Post the journal entries in part 1 to the accounts in the company's general ledger. (Note: Begin with the ledger's post-closing adjusted balances as of December 31, 2019.) DO NOT WRITE ANYTHING IN THE EXPLANATION COLUMN 3. Complete the partial work sheet template consisting of the first six columns that includes the unadjusted trial balance. You will only write in the March 31 adjustment amounts for (a) through (9). to arrive at the adjusted trial balance numbers provided on the worksheet. Do not prepare closing entries and do not foumalize the adjustments or post them to the ledger. 4. Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. Use a single-step format. List all expenses without differentiating between Selling expenses and general and administrative expenses. 5. Prepare a statement of retained earnings (from the adjusted trial balance in part 3) for the three months ended March 31, 2020 6. Prepare a classified balance sheet (from the adjusted trial balance) as of March 31, 2020

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