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Posted on Sep 06, 2024

ADJUSTED TRIAL BALANCE Questions: 1) The Unadjusted Trial Balance of Timberlake Company for the End of July 2019 was below . CODES ACCOUNT NAMES 100

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ADJUSTED TRIAL BALANCE Questions: 1) The Unadjusted Trial Balance of Timberlake Company for the End of July 2019 was below . CODES ACCOUNT NAMES 100 TOTALS Debit Credit 84.600 20.400 37.890 22 500 12.000 UNADJUSTED TRIAL BALANCE BALANCES Debit Credit 64.200 15.390 12.000 750 . CODES 120 121 ACCOUNT NAMES 153 18.750 19.500 66.750 253 66.750 254 66.750 CASH CUSTOMERS NOTES RECEIVABLE MERCHANDISES PLANT, MACH. & EQUIPMENT MOTOR VEHICLES FURNITURE & FIXTURES SUPPLIERS NOTES PAYABLE CAPITAL 66.750 105.500 255 105.500 TOTALS Debit Credit 84.600 20.400 37.890 22.500 12.000 19.500 18.750 66.750 66.750 105.500 12.150 27.000 112.350 181.340 46.500 18.750 BALANCES Debit Credit 64.200 15.390 12.000 7501 66.750 66.750 105.500 14.850 112.350 181.340 46.500 18.750 320 12.150 27.000 14.850 100 CASH 120 CUSTOMERS 121 NOTES RECEIVABLE 153 MERCHANDISES 253 PLANT, MACH. & EQUIPMENT 254 MOTOR VEHICLES 255 FURNITURE & FIXTURES 320 SUPPLIERS 321 NOTES PAYABLE 500 CAPITAL 600 DOMESTIC SALES 621 COST OF MERCH. SOLD MARK, SALES & DIST 760 EXPENSES GENERAL ADMINIST. 770 EXPENSES TOTAL 321 112.350 112.350 500 181.340 181.340 590 600 46.500 DOMESTIC SALES COST OF MERCH. SOLD 621 18.750 1.200 1.200 631 632 3.750 428.840 428.840 3.750 355.0401 355.040 690 692 760 Questions 1.200 MARK, SALES & DIST. EXPENSES GENERAL ADMINIST. EXPENSES 770 3.750 761 1. Do the journals and ledger records of the end of the accounting period 2. Prepare the Adjusted Trial Balance of Timberlake Company of the end of July 3. Prepare the financial statements of end of July. 771 TOTAL Questions: 1) The Unadjusted Trial Balance of Timberlake Company for the End of July 2019 was below: UNADJUSTED TRIAL BALANCE ACC. CODES ACCOUNT NAMES TOTALS BALANCES Debit Credit Debit Credit 100 CASH 84.600 20.400 64.200 120 CUSTOMERS 37.890 22.500 15.390 121 NOTES RECEIVABLE 12.000 12.000 153 MERCHANDISES 19.500 18.750 750 253 PLANT, MACH. & EQUIPMENT 66.750 66.750 254 MOTOR VEHICLES 66.750 66.750 255 FURNITURE & FIXTURES 105.500 105.500 320 SUPPLIERS 12.150 27.000 14.850 321 NOTES PAYABLE 112.350 112.350 500 CAPITAL 181.340 181.340 600 DOMESTIC SALES 46.500 46.500 621 COST OF MERCH. SOLD 18.750 18.750 760 MARK, SALES & DIST. EXPENSES 1.200 1.200 770 GENERAL ADMINIST. EXPENSES 3.750 3.750 TOTAL 428.840 428.840 355.040 355.040 ADJUSTED TRIAL BALANCE Questions: 1) The Unadjusted Trial Balance of Timberlake Company for the End of July 2019 was below . CODES ACCOUNT NAMES 100 TOTALS Debit Credit 84.600 20.400 37.890 22 500 12.000 UNADJUSTED TRIAL BALANCE BALANCES Debit Credit 64.200 15.390 12.000 750 . CODES 120 121 ACCOUNT NAMES 153 18.750 19.500 66.750 253 66.750 254 66.750 CASH CUSTOMERS NOTES RECEIVABLE MERCHANDISES PLANT, MACH. & EQUIPMENT MOTOR VEHICLES FURNITURE & FIXTURES SUPPLIERS NOTES PAYABLE CAPITAL 66.750 105.500 255 105.500 TOTALS Debit Credit 84.600 20.400 37.890 22.500 12.000 19.500 18.750 66.750 66.750 105.500 12.150 27.000 112.350 181.340 46.500 18.750 BALANCES Debit Credit 64.200 15.390 12.000 7501 66.750 66.750 105.500 14.850 112.350 181.340 46.500 18.750 320 12.150 27.000 14.850 100 CASH 120 CUSTOMERS 121 NOTES RECEIVABLE 153 MERCHANDISES 253 PLANT, MACH. & EQUIPMENT 254 MOTOR VEHICLES 255 FURNITURE & FIXTURES 320 SUPPLIERS 321 NOTES PAYABLE 500 CAPITAL 600 DOMESTIC SALES 621 COST OF MERCH. SOLD MARK, SALES & DIST 760 EXPENSES GENERAL ADMINIST. 770 EXPENSES TOTAL 321 112.350 112.350 500 181.340 181.340 590 600 46.500 DOMESTIC SALES COST OF MERCH. SOLD 621 18.750 1.200 1.200 631 632 3.750 428.840 428.840 3.750 355.0401 355.040 690 692 760 Questions 1.200 MARK, SALES & DIST. EXPENSES GENERAL ADMINIST. EXPENSES 770 3.750 761 1. Do the journals and ledger records of the end of the accounting period 2. Prepare the Adjusted Trial Balance of Timberlake Company of the end of July 3. Prepare the financial statements of end of July. 771 TOTAL Questions: 1) The Unadjusted Trial Balance of Timberlake Company for the End of July 2019 was below: UNADJUSTED TRIAL BALANCE ACC. CODES ACCOUNT NAMES TOTALS BALANCES Debit Credit Debit Credit 100 CASH 84.600 20.400 64.200 120 CUSTOMERS 37.890 22.500 15.390 121 NOTES RECEIVABLE 12.000 12.000 153 MERCHANDISES 19.500 18.750 750 253 PLANT, MACH. & EQUIPMENT 66.750 66.750 254 MOTOR VEHICLES 66.750 66.750 255 FURNITURE & FIXTURES 105.500 105.500 320 SUPPLIERS 12.150 27.000 14.850 321 NOTES PAYABLE 112.350 112.350 500 CAPITAL 181.340 181.340 600 DOMESTIC SALES 46.500 46.500 621 COST OF MERCH. SOLD 18.750 18.750 760 MARK, SALES & DIST. EXPENSES 1.200 1.200 770 GENERAL ADMINIST. EXPENSES 3.750 3.750 TOTAL 428.840 428.840 355.040 355.040