{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T06:58:08-04:00", "answer_date": "2024-06-28 06:58:08", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4258917", "url": "\/study-help\/questions\/7-defilippis-limousine-services-unadjusted-trial-balance-as-of-august-4258917", "question_creation_date_js": "2024-06-28T06:58:08-04:00", "question_creation_date": "Jun 28, 2024 06:58 AM", "meta_title": "[Solved] 7. DeFilippis Limousine Service's unadjus | SolutionInn", "meta_description": "Answer of - 7. DeFilippis Limousine Service's unadjusted trial balance as of August 31 is shown below. By addition and subtraction | SolutionInn", "meta_keywords": "7,defilippis,limousine,service,s,unadjusted,trial,balance,august,31,shown,below", "question_title_h1": "7. DeFilippis Limousine Service's unadjusted trial balance as of August 31 is shown below. By addition and subtraction, show the effects of the following information", "question_title": "7. DeFilippis Limousine Service's unadjusted trial balance as of August 31 is", "question_title_for_js_snippet": "7 DeFilippis Limousine Service's unadjusted trial balance as of August 31 is shown below By addition and subtraction, show the effects of the following information on DeFilippis Limousine Service's resources and sources of resources An examination of the supplies revealed that only $300 of supplies were on hand on August 31 $100 of supplies had been used up in August DeFilippis Limousine Service Unadjusted Trial Balance August 31 Account Name Debits Credits Cash $6,430 Accounts Receivable $500 Supplies $400 Prepaid Insurance SO Prepaid Rent $1,100 Accounts Payable $800 Wages Payable SO Income Taxes Payable SO Unearned Fees $1,300 Common Stock $3,200 Retained Earnings $3,500 Dividends $200 Fees Revenue $3,400 Supplies Expense SO Insurance Expense $1,300 Rent Expense SO Wages Expense $2,200 Telephone Expense $70 Income Taxes Expense SO Totals $12,200 $12,200 Sources of Sources of Sources of Owner Management Borrowed Invested Generated Resources Resources Resources Resources Assets Liabilities Stockholders' Equity A) $100 $100 B) $300 $300 C) $300 $300 D) $100 $100 E $100 $100", "question_description": "
\"image<\/div><\/div><\/div> 7. DeFilippis Limousine Service's unadjusted trial balance as of August 31 is shown below. By addition and subtraction, show the effects of the following information on DeFilippis Limousine Service's resources and sources of resources. An examination of the supplies revealed that only $300 of supplies were on hand on August 31. $100 of supplies had been used up in August. DeFilippis Limousine Service Unadjusted Trial Balance August 31 Account Name Debits Credits Cash $6,430 Accounts Receivable $500 Supplies $400 Prepaid Insurance SO Prepaid Rent $1,100 Accounts Payable $800 Wages Payable SO Income Taxes Payable SO Unearned Fees $1,300 Common Stock $3,200 Retained Earnings $3,500 Dividends $200 Fees Revenue $3,400 Supplies Expense SO Insurance Expense $1,300 Rent Expense SO Wages Expense $2,200 Telephone Expense $70 Income Taxes Expense SO Totals $12,200 $12,200 Sources of Sources of Sources of Owner Management Borrowed Invested Generated Resources Resources Resources Resources Assets Liabilities Stockholders' Equity A) - $100 - $100 B) + $300 + $300 C) + $300 + $300 D) -$100 - $100 E + $100 & - $100", "transcribed_text": "", "related_book": { "title": "Auditing Cases An Active Learning Approach", "isbn": "0130674842, 978-0130674845", "edition": "2nd Edition", "authors": "Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/64ed8a8041add_6938.jpg", "uri": "\/textbooks\/abnormal-psychology-clinical-perspectives-on-psychological-disorders-1st-edition-9781266566899", "see_more_uri": "" }, "free_related_book": { "isbn": "8177082256", "uri": "\/textbooks\/global-economic-crisis-and-the-indian-economy-1st-edition-978-8177082258-282530", "name": "Global Economic Crisis And The Indian Economy", "edition": "1st Edition" }, "question_posted": "2024-06-28 06:58:08", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/what-special-care-should-be-taken-with-regard-to-examining", "description": "What special care should be taken with regard to examining the sources of accounts receivable confirmation responses?", "stars": 3.5 }, { "url": "\/study-help\/psychology\/approaches-to-psychology-visit-the-chapter-1-section-of-wwwmhhecomwaitley5efor-1982740", "description": "Approaches to Psychology Visit the Chapter 1 section of www.mhhe.com\/waitley5efor an article about five major approaches to psychology (psychodynamic, behavioral, humanistic, cognitive, and...", "stars": 3.5 }, { "url": "\/a-jewelry-store-makes-necklaces-and-bracelets-from-gold-and-143236", "description": "A jewelry store makes necklaces and bracelets from gold and platinum. 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