Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Complete all columns missing. -Adjusted Trial balance -Income Statement -Balance Sheet -Calculate Net Income and Totals for each columns Then, realize the Closing Entries of
Complete all columns missing. -Adjusted Trial balance -Income Statement -Balance Sheet -Calculate Net Income and Totals for each columns
Then, realize the Closing Entries of the Previous WorkSheet. .
ADJUSTMENTS BALANCE SHEET ADJUSTED TRIAL INCOME BALANCE STATEMENT DEBIT CREDIT DEBIT CREDIT DEBIT DEBIT CREDIT CREDIT 1,559.04 4.500.00 2,500.00 1,359.04 200.00 4,500.00 WORKSHEET (30 puntos) UNAJUSTED TRIAL BALANCE ACCOUNT TITLES DEBIT CREDIT 1000 CASH 63,855.52 1100 ACCOUNTS RECEIVABLE 1300 PREPAID EXPENSES 4,200.00 1650 OFFICE FURNITURE AND EQUIPMENT 550.00 1800 LAND BUILDINGS AND IMPROVEMENTS 15,000.00 1980 ACCUMULATED DEPRECIATION 2100 TAXES PAYABLES 1559.04 2200 INTEREST PAYABLE 3100 RETAINED CAPITAL 3110 OWNERS WITHDRAWAL 3130 CAPITAL CONTRIBUTIONS 47750.00 4000 CASH CROP SALES 35000.00 4300 PROCEEDS FROM GOVERNMENT 22060.00 PROGRAMS 4500 GAIN (LOSES) CAPITAL SALES 6100 WAGES EXPENSE 7.680.00 6110 PAYROLL TAX EXPENSES 971.52 6130 INSURANCE FOR HIRED LABOR 0.00 6500 GROWING MATERIALS 2.950.00 6530 PACKEGING MATERIALS 860.00 6620 DESINFECTANTS 0.00 6700 INSURANCE 0.00 6720 ELECTRICITY 800.00 6730 WATER 725.00 6740 COMMUNICATIONS 1.980.00 6750 OFFICE SUPPLIES 285.00 6780 DEPRECIATION EXPENSE 7200 GENERAL ADMINISTRATIVE EXPENSES 5,165.00 8100 INTEREST EXPENSE 1,347.00 9200 EXTRAORDINARY GAINS AND LOSSES TOTAL 2,500.00 NET INCOME
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started