Question
Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. The following six-column table contains the companys unadjusted trial balance as
Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. The following six-column table contains the companys unadjusted trial balance as of December 31, 2011.
BUG-OFF EXTERMINATORS | ||||||
December 31, 2011 | ||||||
Unadjusted Trial Balance | ||||||
Cash | $ | 16,100 | ||||
Accounts receivable | 5,200 | |||||
Allowance for doubtful accounts | $ | 822 | ||||
Merchandise inventory | 13,100 | |||||
Trucks | 31,220 | |||||
Accum. depreciationTrucks | 0 | |||||
Equipment | 48,740 | |||||
Accum. depreciationEquipment | 12,600 | |||||
Accounts payable | 6,400 | |||||
Estimated warranty liability | 1,380 | |||||
Unearned services revenue | 0 | |||||
Interest payable | 0 | |||||
Long-term notes payable | 13,600 | |||||
D. Buggs, Capital | 68,260 | |||||
D. Buggs, Withdrawals | 10,700 | |||||
Extermination services revenue | 59,940 | |||||
Interest revenue | 862 | |||||
Sales (of merchandise) | 71,626 | |||||
Cost of goods sold | 47,600 | |||||
Depreciation expenseTrucks | 0 | |||||
Depreciation expenseEquipment | 0 | |||||
Wages expense | 36,900 | |||||
Interest expense | 0 | |||||
Rent expense | 10,700 | |||||
Bad debts expense | 0 | |||||
Miscellaneous expense | 1,230 | |||||
Repairs expense | 8,700 | |||||
Utilities expense | 5,300 | |||||
Warranty expense | 0 | |||||
Totals | $ | 235,490 | $ | 235,490 | ||
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The following information in a through h applies to the company at the end of the current year. e. On August 1, 2011, the company is paid $4,080 cash in advance to provide monthly service for an apartment complex for one year. The company began providing the services in August. When the cash was received, the full amount was credited to the Extermination Services Revenue account. e. The adjusted 2011 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts. (Do not round your intermediate calculations. Omit the "$" sign in your response.) Services Revenue Ending balances after adjustment $....................
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