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Cash 5 , 2 0 0 Accounts Receivable 2 7 , 2 0 0 Office Supplies 1 , 0 0 0 Prepaid insurancen 2 ,
Cash
Accounts Receivable
Office Supplies
Prepaid insurancen
Equipment
Accumulated Depreciation Equipment
Accounts Payable
Unearned Revenue
Bmcc Capital
Bmcc Withdrawals
Service Revenue
Wages Expenses
Utilities Expense
Adjustments entries on December
A Depreciation on equipment $
B Accrued wages expenses, $
C Office supplies on hand, $
D Prepaid Insurance expired during December $ E Unearned revenue earned during December, $ F Accrued service revenue, $
Answer the following questions after you posted the above transactions.
What isthe balance on cash?
A $
B $
C $
D $
What isthe balance on account receivable?
A $
B $
C$
D
What isthe balance on accounts payable?
A$
B $
C $
D $
What is office supplies expense?
A$
B $
C$
D $
What iswages expense
A$
B$
C$
D $
What iswages liability?
A$
B$
C$
D$
What is the total revenue?
A$
B$
C$
D$
What is unearned balance
A $
B$
C$
D$
What is balance of Prepaid Insurance?
AS$
B$
C$
D$
What isthe balance on the capital account after the books are close?
A $
B $
C $
D $
What balance should the withdrawn account have after the closing entries have been posted?
AO
B
C
D $
What is the net book value of the equipment?
A $
B $
C $
D $
What is the total expenses for
A $
B $
$
D $
What isthe Net income for
A $
B $
$
D $
What balance should the temporary accounts have once the books are closed?
AO
B $
C $
D $
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