amado se For de 1. Road Runner LLC has the hollowing braces in sected accounts on December 31, 2019. Accounts Receivable Accumulated Depreciation Equipment Equent Inventory Cost of Goods Sold Prepaid Insurance Salaries and Wages Payable Supplies Unearned Rent Revenue $ 13,000 31,000 7,000 19,000 O 7,200 0 6,500 9,600 1. 2. All the accounts have normal balances. The information below was gathered on December 31, 2019. on December 1, Road Runner sold merchandise costing $6,000 for $8,000, terms 2/10, net/30 A count of supplies indicates that supplies of $1,500 are on hand. 3. Depreciation on equipment for the year is $3,600. Road Runner LLC paid $4,800 for 12 months of insurance coverage on June 1, 2019, . On November 30, 2019, Road Runner LLC collected $9,600 for excess warehouse space It rented to a neighboring business from December 1, 2019, through March 31, 2020. On December 9, Road Runner LLC received payment for the merchandise sold on December 1. Road Runner LLC pays its employees total salaries of $4,000 every Monday for the preceding 5- day week (Monday through Friday). On Monday, December 29, employees were paid for the veek ending Friday, December 26. All employees worked the last 3 days of 2019. 2 adjusting entries for the items described; Wile. Cote Income Statement Revenue Sales Revenue Sales Returns, Allowances Net Sales Cost of Goods Sold Gross Pro Other Operating income: Rent Revenue Total income from Operations Operating Expenses Selling Expenses: Sales Salaries Expense Advertising expense Depreciation Expense Store Equip Bad Debt Expense Total Selling Expenses General Administrative Expenses: Office Salaries Expense Depreciation Expense Office Equip Insurance Expense Office Supplies Expense Miscellaneous Expense Total Administrative Expenses Total Operating Expenses Net Income from Operations Wile E. Coyote Co. Owner's Equity Statement Owner's Equity Dec. 1, 2020 Add: Net Income Less: Owner's Drawings Owner's Equity Dec 31, 2020 were to Ats Current As Cash AR Inventory Office Supplies Prepaid insurance Total Current A Long-Term Assets (PPE) Land Store Equipment Less Accumulated Depreciation Office Equipment Less Acc. Depreciation Total Long-term Assets Total Assets Liabilities: Current Liabilities: Accounts Payable Wages Payable Unearned Revenue Total Current Liabilities Long-Term Liabilities: Note Payable Total Long-Term Liabilities Total Liabilities 0 Owner's Equity Owner's Capital Total Liabilities & OE amado se For de 1. Road Runner LLC has the hollowing braces in sected accounts on December 31, 2019. Accounts Receivable Accumulated Depreciation Equipment Equent Inventory Cost of Goods Sold Prepaid Insurance Salaries and Wages Payable Supplies Unearned Rent Revenue $ 13,000 31,000 7,000 19,000 O 7,200 0 6,500 9,600 1. 2. All the accounts have normal balances. The information below was gathered on December 31, 2019. on December 1, Road Runner sold merchandise costing $6,000 for $8,000, terms 2/10, net/30 A count of supplies indicates that supplies of $1,500 are on hand. 3. Depreciation on equipment for the year is $3,600. Road Runner LLC paid $4,800 for 12 months of insurance coverage on June 1, 2019, . On November 30, 2019, Road Runner LLC collected $9,600 for excess warehouse space It rented to a neighboring business from December 1, 2019, through March 31, 2020. On December 9, Road Runner LLC received payment for the merchandise sold on December 1. Road Runner LLC pays its employees total salaries of $4,000 every Monday for the preceding 5- day week (Monday through Friday). On Monday, December 29, employees were paid for the veek ending Friday, December 26. All employees worked the last 3 days of 2019. 2 adjusting entries for the items described; Wile. Cote Income Statement Revenue Sales Revenue Sales Returns, Allowances Net Sales Cost of Goods Sold Gross Pro Other Operating income: Rent Revenue Total income from Operations Operating Expenses Selling Expenses: Sales Salaries Expense Advertising expense Depreciation Expense Store Equip Bad Debt Expense Total Selling Expenses General Administrative Expenses: Office Salaries Expense Depreciation Expense Office Equip Insurance Expense Office Supplies Expense Miscellaneous Expense Total Administrative Expenses Total Operating Expenses Net Income from Operations Wile E. Coyote Co. Owner's Equity Statement Owner's Equity Dec. 1, 2020 Add: Net Income Less: Owner's Drawings Owner's Equity Dec 31, 2020 were to Ats Current As Cash AR Inventory Office Supplies Prepaid insurance Total Current A Long-Term Assets (PPE) Land Store Equipment Less Accumulated Depreciation Office Equipment Less Acc. Depreciation Total Long-term Assets Total Assets Liabilities: Current Liabilities: Accounts Payable Wages Payable Unearned Revenue Total Current Liabilities Long-Term Liabilities: Note Payable Total Long-Term Liabilities Total Liabilities 0 Owner's Equity Owner's Capital Total Liabilities & OE