Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Blazinsevens Worksheet For the month ended December 31, 20xx Unadjusted Adjusted Income Balance Sheet/ Owner's Equity Trial Balance Adjustments Trial Balance Statement Debit Credit Debit

image text in transcribed

image text in transcribed

Blazinsevens Worksheet For the month ended December 31, 20xx Unadjusted Adjusted Income Balance Sheet/ Owner's Equity Trial Balance Adjustments Trial Balance Statement Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Account Titles Cash 2090 4100 400 900 8000 0 3575 0 7000 Accounts Receivable Office Supplies Prepaid Insurance Delivery Equipment Accum. Depreciation Accounts Payable Wages Payable A.M.Vegas, Capital A.M.Vegas, Drawing Service Revenue Wages Expense Advertising Expense Telephone Expense Supplies Expense Insurance Expense Depreciation Expense 430 6600 900 175 180 0 0 17175 17175 Net Income Assignment Description A.M. Vegas started a business called Blazinsevens. The following is the Trial Balance as of December 31 on the first year of operations. Using this information, please complete the remainder of the attached worksheet. Office supplies inventory as of December 31, $190. Unexpired insurance as of December 31, $700 Depreciation of delivery equipment, $450. Wages earned but not paid as of December 31, $225

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Executive Roadmap To Fraud Prevention And Internal Control Creating A Culture Of Compliance

Authors: Joel T. Bartow, Martin T. Biegelman

2nd Edition

1118004582, 9781118004586

More Books

Students also viewed these Accounting questions

Question

What types of accounts are referred to as temporary accounts?

Answered: 1 week ago

Question

Employ effective vocal cues Employ effective visual cues

Answered: 1 week ago