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At the end of December, Tu's Specialty Shop showed the following ledger accounts prior to adjusting entries being made: GENERAL LEDGER ACCOUNT ACCOUNT Cash 101
At the end of December, Tu's Specialty Shop showed the following ledger accounts prior to adjusting entries being made: GENERAL LEDGER ACCOUNT ACCOUNT Cash 101 NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 9,705.00 Dec. 16 33 1,960.00 11,665.00 Dec. 18 13 1,100.00 10,565.00 Dec. 22 13 1,560.00 12,125.00 Dec. 23 J3 120.00 12,005.00 Dec. 27 13 630.00 11,375.00 Dec. 29 14 2,473.00 13,848.00 Dec. 29 14 1,100.00 12,748.00 Dec. 30 14 200.00 12,548.00 ACCOUNT ACCOUNT Accounts Receivable 122 NO. BALANCE ACCOUNT ACCOUNT Accounts Receivable 122 NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 10,256.00 Dec. 16 J3 1,960.00 8,296.00 Dec. 16 13 168.00 8,464.00 Dec. 19 J3 651.00 9,115.00 Dec. 22 J3 1,560.00 7,555.00 Dec. 27 14 2,121.00 9,676.00 Dec. 29 14 2,473.00 7,203.00 ACCOUNT ACCOUNT Merchandise Inventory 1631 NO. BALANCE DATE ITEM POST REF DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance V 21,800.00 ACCOUNT ACCOUNT Estimated Returns Inventory 132 NO . BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 250.00 ACCOUNT ACCOUNT Supplies MO BALANCE DATE ITEM POST. REF: DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 1,035.00 Dec. 23 13 120.00 1,155.00 ACCOUNT ACCOUNT Prepaid Insurance 145 NO. BALANCE DATE ITEM POST. REF! DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 1,380.00 161 BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 8.750.00 ACCOUNT Building ACCOUNT NO. 171 BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 52,000.00 ACCOUNT ACCOUNT Accumulated Depreciation-Building 171.1 NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 9,200.00 ACCOUNT Store Equipment AOCOUNT 181 NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 28,750.00 ACCOUNT ACCOUNT Accumulated Depreciation-store Equipment 181.1 NO. BALANCE DATE ITEM POST. REF DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 9,300.00 ACCOUNT ACCOUNT Accounts Payable 202 NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT TETET 20-1 Dec. 16 Balance 3,600.00 Dec. 17 J3 150.00 3,450.00 2,350.00 Dec. 18 13 1,100.00 3,550.00 Dec. 24 13 1,200.00 J3 Dec. 26 800.00 4,350.00 ACCOUNT 203 ACCOUNT Customer Refunds Payable NO. BALANCE DEBIT CREDIT DEBIT CREDIT DATE POST. REF. ITEM 20-1 300.00 Balance Dec. 16 ACCOUNT ACCOUNT Sales Tax Payable 231 NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20-1 Balance 1,378.00 Dec. 16 8.00 1,386.00 J3 Dec. 16 1,417.00 Dec. 19 J3 31.00 1,518.00 Dec. 27 34 101.00 ACCOUNT 251 ACCOUNT Mortgage Payable NO. BALANCE CREDIT DEBIT CREDIT DEBIT DATE POST. REF. ITEM 20-1 12,525.00 Balance V Dec. 16 ACCOUNT ACCOUNT Tom Jones, Capital 311 NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 90,000.00 ACCOUNT ACCOUNT Tom Jones, Drawing 312 NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 8,500.00 AOCOUNT ACCOUNT Sales 401 NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 120-1 Dec. 16 Balance 124,900.00 Dec. 16 13 160.00 125,060.00 J3 Dec. 19 620.00 125,680.00 34 Dec. 27 2,020.00 127,700.00 ACCOUNT 132 ACCOUNT Sales Returns and Allowances NO. BALANCE CREDIT CREDIT DATE DEBIT POST. REF. ITEM DEBIT 20-1 1,430.00 Dec. 16 Balance ACCOUNT ACCOUNT Purchases 501 NO. BALANCE POST. REF. DATE DEBIT CREDIT DEBIT ITEM CREDIT 20-1 64,400.00 Dec. 16 Balance J3 Dec. 24 1,200.00 65,600.00 13 800.00 66,400.00 Dec. 26 200.00 66,600.00 14 Dec. 30 ACCOUNT 501.1 ACCOUNT Purchases Returns and Allowances NO. BALANCE CREDIT DEBIT CREDIT DATE DEBIT ITEM POST. REF: 20-1 460.00 Dec. 16 Balance 610.00 150.00 33 Dec. 17 ACCOUNT ACCOUNT Purchases Discounts 132 . BALANCE DATE ITEM POST. REF: DEBIT CREDIT DEBIT CREDIT 20-1 Dec. 16 Balance 698.00 ACCOUNT ACCOUNT Freight-In 502 NO. BALANCE DATE POST. REF. ITEM DEBIT CREDIT CREDIT DEBIT 20-1 175.00 Dec. 16 Balance ACCOUNT ACCOUNT Wages Expense 511 NO. BALANCE DATE ITEM POSTUREFA DEBIT CREDIT DEBIT CREDIT 20-1 Balance 26,100.00 Dec. 16 14 Dec. 29 1,100.00 27,200.00 ACCOUNT 512 ACCOUNT Advertising Expense NO. BALANCE CREDIT DEBIT CREDIT DEBIT DATE ITEM POST. REF. 20-1 4,700.00 Dec. 16 Balance ACCOUNT 525 ACCOUNT Phone Expense NO. BALANCE DEBIT CREDIT CREDIT DEBIT DATE POST. REF. ITEM 20-1 ACCOUNT ACCOUNT 525 Phone Expense INOL BALANCE DATE ITEM DEBIT CREDIT DEBIT CREDIT POST REF. 20-1 2,180.00 Dec. 16 Balance ACCOUNT 533 ACCOUNT Utilities Expense NO. BALANCE DEBIT CREDIT DEBIT CREDIT DATE POST. REF. ITEM
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