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answer of 4 part plzz pter 4 i Saved The December 31, 2020, unadjusted trial balance for Musical Sensations after its second year of operations
answer of 4 part plzz
pter 4 i Saved The December 31, 2020, unadjusted trial balance for Musical Sensations after its second year of operations follows: MUSICAL SENSATIONS Work Sheet December 31, 2020 4 Account Cash Accounts receivable Office supplies Musical equipment Accumulated depreciation, musical equipment Accounts payable Unearned performance revenue Jim Daley, capital Jim Daley, withdrawals Performance revenue Salaries expense Travelling expense Totals Unadjusted Trial Balance Debit Credit $ 7,800 14,500 820 128,000 $ 21,900 4,500 12,700 157, 630 52,300 141,000 89,000 45,310 $337,730 $337,730 Following are the additional information: a. A review of the Unearned Performance Revenue account revealed a balance remaining of $9,375. b. Annual depreciation on the musical equipment is $21.900. c. Accrued salaries at December 31 totalled $6.400 NO Prey 1 of 3 Next education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-gr... * Welcome, Simran-.. Notifications Main Menu > Blackboard - Apps... Interpretive Simulat... - Internationally-Trai... pter 4 i Saved Help Save & Exit Submit MUSICAL SENSATIONS Work Sheet December 31, 2020 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Account Debit Credit Credit Debit Credit 34 Debit $ 7,800 14,500 1551 128,000 665 21,9001 Cash Accounts receivable Office supplies Musical equipment Accumulated depreciatior musical equipment Accounts payable Unearned performance revenue Jim Daley, capital Jim Daley, withdrawals Performance revenue Salaries expense Travelling expense Totals Debit Credit $ 7 800 14.500 820 128.000 21,900 4,500 12,700 157 630 52,300 141000 89,000 45,310 $ 337 730 S 337 730 43,800 4.500 3,325 157,630 9,375 52,300 9,375 150,375 150,37 6,400 95.400 45.310 95,400 45 310 Prey 1 of 3 Next > W Salaries payable Office supplies expense Totals 665 6,400 665 38,340 $ 366,030 $ 366 $ 38,340 $ Totals 2-18 4. Calculate the balance in the capital account as it would appear on the December 31, 2020, balance sheet. Balance in the capital account pter 4 i Saved The December 31, 2020, unadjusted trial balance for Musical Sensations after its second year of operations follows: MUSICAL SENSATIONS Work Sheet December 31, 2020 4 Account Cash Accounts receivable Office supplies Musical equipment Accumulated depreciation, musical equipment Accounts payable Unearned performance revenue Jim Daley, capital Jim Daley, withdrawals Performance revenue Salaries expense Travelling expense Totals Unadjusted Trial Balance Debit Credit $ 7,800 14,500 820 128,000 $ 21,900 4,500 12,700 157, 630 52,300 141,000 89,000 45,310 $337,730 $337,730 Following are the additional information: a. A review of the Unearned Performance Revenue account revealed a balance remaining of $9,375. b. Annual depreciation on the musical equipment is $21.900. c. Accrued salaries at December 31 totalled $6.400 NO Prey 1 of 3 Next education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-gr... * Welcome, Simran-.. Notifications Main Menu > Blackboard - Apps... Interpretive Simulat... - Internationally-Trai... pter 4 i Saved Help Save & Exit Submit MUSICAL SENSATIONS Work Sheet December 31, 2020 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Account Debit Credit Credit Debit Credit 34 Debit $ 7,800 14,500 1551 128,000 665 21,9001 Cash Accounts receivable Office supplies Musical equipment Accumulated depreciatior musical equipment Accounts payable Unearned performance revenue Jim Daley, capital Jim Daley, withdrawals Performance revenue Salaries expense Travelling expense Totals Debit Credit $ 7 800 14.500 820 128.000 21,900 4,500 12,700 157 630 52,300 141000 89,000 45,310 $ 337 730 S 337 730 43,800 4.500 3,325 157,630 9,375 52,300 9,375 150,375 150,37 6,400 95.400 45.310 95,400 45 310 Prey 1 of 3 Next > W Salaries payable Office supplies expense Totals 665 6,400 665 38,340 $ 366,030 $ 366 $ 38,340 $ Totals 2-18 4. Calculate the balance in the capital account as it would appear on the December 31, 2020, balance sheet. Balance in the capital accountStep by Step Solution
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