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CA-4 From Recording Tra Ime followng infomaton apples to the questors dspeyed below! Alison and ChuckRenny began operaticns of their fumiture repair shop azy Sofa
CA-4 From Recording Tra Ime followng infomaton apples to the questors dspeyed below! Alison and ChuckRenny began operaticns of their fumiture repair shop azy Sofa Funniture. Inc)on January 1, 204. The nual reporting period ends December 31. The trial balance on January 1, 2015. below (mounts ded to thousands of dollars to simpliy0 Debit Cash $6 Accounts Receivable 0 Accumulated Depreciation Accounts payable Notes Payable and Wages Payable Interest payable Income Tax Payable Retained Earnings Service Reven Depreciation Expense salaries and Wages Expense Amortization Expen nterest Expense Tax Expense $25 during 2015 dollars) fol Borrowed $23 cash July 2015. nth note payable 2. Purchased equipment for $20 cash on July 1. 2015. 3. Issued addtional stock for $6 ount of $65, including $7 redit and $5B 5. Recognized salaries and wages expenses for 2015 of S37 paid in cast 6. Purchased additional equipment, $2 cash. Collected accounts receivable, $9. ounts payable, $12. 9, purchased on account supplies for future use.$8 10. Received a $5 cash deposit on work to start January 15, 2016. Data for adjusting journal entries for 2015, 12. Supplies of S6 were counted on December 31.2015. epreciation for 2015, $3. notes payable of $1 24 payroll not yet paid, $4 15 Wages earned since the December 16. Income tax for 2015 was $2 and will be paid in2016
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