Answered step by step
Verified Expert Solution
Question
1 Approved Answer
ACC 111 Project 1C Nicholas Company had the following Adjusted Trial Balance for the month ended May 31, 2016 Nicholas Company Adjusted Trial Balance May
ACC 111 Project 1C Nicholas Company had the following Adjusted Trial Balance for the month ended May 31, 2016 Nicholas Company Adjusted Trial Balance May 31, 2016 Account Names Debit Credit $336,108 4,800 19,000 52,500 9,700 3,400 2,933 34,000 31,000 Cash Petty Cash Fund Accounts Receivable Merchandise Inventory, 5/1/16 Store Supplies Office Supplies Prepaid Insurance Land Forklift Accumulated Depreciation, Forklift Delivery Truck $600 149,000 Accumulated Depreciation, Delivery Truck Accounts Payable Salaries Payable Unearned Sales Revenue 1,350 54,000 1,800 7,800 117,500 387,400 Notes Payable (Long-Term) Nicholas Ram, Capital Nicholas Ram, Drawings Sales Revenue 3,800 253,300 to search DELL ACC 111 Project 1C Nicholas Company had the following Adjusted Trial Balance for the month ended May 31, 2016 Nicholas Company Adjusted Trial Balance May 31, 2016 Account Names Debit Credit $336,108 4,800 19,000 52,500 9,700 3,400 2,933 34,000 31,000 Cash Petty Cash Fund Accounts Receivable Merchandise Inventory, 5/1/16 Store Supplies Office Supplies Prepaid Insurance Land Forklift Accumulated Depreciation, Forklift Delivery Truck $600 149,000 Accumulated Depreciation, Delivery Truck Accounts Payable Salaries Payable Unearned Sales Revenue 1,350 54,000 1,800 7,800 117,500 387,400 Notes Payable (Long-Term) Nicholas Ram, Capital Nicholas Ram, Drawings Sales Revenue 3,800 253,300 to search DELL
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started